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...Last year, Aramco acquired a 10 per cent stake in Shenzhen-listed Rongsheng Petrochemical for $3.6bn and entered a venture with two other Chinese companies to build a 300,000 b/d refinery and petrochemicals...
Irish executive has led British oil major since 2020
...When it came to being in a band, I’d go and see a lot of bands and artists, and I’d take away things I didn’t want to do or be: reverse mentorship. At art school, a teacher called John Ross....
...US production rose by roughly 1.5mn b/d to a record 13.5mn b/d in 2023 while that of Iran increased to an average of roughly 3.9mn b/d from about 3mn b/d a year earlier, said Claudio Galimberti, North America...
...The IEA predicts oil demand will grow by 1.2mn b/d, about half the pace of 2023, while Opec believes demand growth will be higher at 2.2mn b/d....
...to 13mn b/d by 2027....
...responsible for 10 per cent of global supply, said it had been asked by the energy ministry to abandon a plan to increase the Kingdom’s maximum sustainable production capacity from 12mn barrels per day to 13mn b/d...
...“They have 3mn b/d of spare capacity now so what is the rush of increasing production capacity to 13mn b/d.”...
...Marc Filippino Tom Wilson is the FT’s natural resources editor. Thanks, Tom. Tom Wilson Thanks very much....
...The entrance hall to the Musée d’Orsay’s magnificent Paris 1874: Inventing Impressionism is smothered in bright red flowers — enlarged versions of the scarlet blots and flecks swarming the long grasses of...
...With few homes changing hands, buyers of homes in the hill towns and villages along the Côte d’Azur, including Mougins, Valbonne, Tourrettes-sur-Loup and Saint-Paul-de-Vence, are securing good discounts....
...The country pumped 13.3mn b/d of oil in November, the last month for which data is available from the Energy Information Administration, more than any country in history....
...John Paul RathboneThat is a key difference....
...Sanofi chief executive Paul Hudson began in sales jobs at groups including GSK....
...Paul Rosser, director at advisory firm R&D Consulting, said about 30 claims he has been involved with as part of inquiries in the past year received responses from HMRC that misquoted legislation or had...
...It had previously forecast demand to grow by 1mn b/d in 2024....
...“I don’t need more resources in the United States and now would not be the time that I’d want to do it as I’d prefer to go countercyclical [and buy when oil prices are low],” he said....
...Harbour’s oil and gas production will rise from about 190,000 barrels a day to more than 500,000 b/d when the deal completes....
...Since then the country of 13mn people has had two coups d’état, four heads of state and three presidential elections....
...The musician I’d most like to collaborate with is Brian Wilson. And I have....
...In 2023, however, oil demand is on track to average 102.2mn b/d — its highest ever annual level, according to the IEA....
...Sanofi chief executive Paul Hudson has admitted he could have done a better job explaining aspects of a multibillion-euro investment plan to shareholders, ahead of a meeting where he will try to sell them...
...At full capacity, the refinery will process 650,000 b/d, which could transform the country into a net exporter of refined fuels....
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