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...Companies would have no easier ride convincing them stateside....
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...But for Canada’s oil companies, it means diversifying sales that have long been yoked to refineries in US Midwest and Gulf Coast states....
...Oil companies across the world have reported bumper profits over the past two years after Russia’s full-scale invasion of Ukraine drove a surge in the price of crude....
...Anglo American has booked more than $2bn of impairments related to its diamond and nickel mines as annual profits dropped by a third on lower commodity prices, in another setback for the British mining group...
...Under MacKenzie, BHP spun off a group of non-core assets into a new company South32, and sold its lossmaking US shale oil business....
...Mexico’s previous government opened the oil sector to significant private investment for the first time in 80 years, a move vehemently opposed by nationalist López Obrador, who is from a major oil producing...
...That transaction included stakes in two of the UK’s largest producing fields, Schiehallion and Mariner, as well as in the Cambo and Rosebank fields....
...Trade and diplomatic outreach is also needed to build ties with copper-producing nations. But the companies are key. Miners need to augment their extraction processes and vetting....
...BHP’s unsolicited £31bn takeover approach for Anglo American has shaken up the mining industry, provoking speculation that the storied company is ripe to be sold or broken up....
...The Paris-based group, which is largely funded by the OECD, is one of the most respected authorities on the oil market, but its predictions have sharply diverged from those of Opec, the oil producing cartel...
...So the US is producing a lot of this. How much are we talking. Myles McCormickSo the volume of oil the US is now producing is over 13mn barrels a day....
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