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...According to his LinkedIn profile, he previously worked in government affairs for Cheniere Energy and as a senior adviser to the chief of executive of Tellurian Inc, two companies which pioneered the development...
...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
Transaction should transform London-listed company into one of the North Sea’s largest producers
Also in today’s newsletter, meet the new players in the sustainable bond issuance space
Lawyers representing DRC allege Apple’s products contain illegally exported minerals, despite tech company’s claims of environmental and social responsibility
Ithaca’s deal with Eni would simply be trading assets around a troubled basin
Also in today’s newsletter, one solar company thinks it has what it takes to go public — despite a down market for the sector
New survey shows geopolitical turmoil, tough macroeconomic conditions and AI spurring shifts in energy markets
Xi Jinping hopes manufacturing can offset the property slump
...Spanish renewables group Iberdrola has called off its planned $8bn acquisition of PNM Resources, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in...
London-listed company given four-week exclusivity period by Italian oil major to make bid
A foray into US dealmaking four decades ago raised the hackles of locals and proved financially disappointing
...Lawsuits targeted HomeServices in particular because of Berkshire’s financial resources including $167.6bn in cash, far more than independent brokers....
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
...But what was new this week was the depth of Zuckerberg’s enthusiasm for the idea, and the extent to which he is swinging his company’s resources behind the new wave of generative AI....
...A detailed follow-up from Electrek on Monday reported that Model 2 work had indeed been “completely defunded” and that the project was “effectively scratched right now as Tesla is putting all resources into...
...This includes centralising the distribution of computing power using state-run trading platforms that broker access to cloud computing resources....
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...“It’s the dollar losing utility as an asset to store trade surpluses,” says John Hathaway, managing partner of Sprott Inc, a Canadian asset manager specialising in metals....
CVR Energy has paid out $3.2bn in dividends to feared activist’s public investment vehicle
...Analysts said the latest wave of lay-offs showed companies were reshuffling their resources in order to invest in new areas such as generative AI while also showing shareholders there was a continued focus...
...In recent months, Beijing has redirected resources to the manufacturing and high-tech sectors....
Australian pension fund CIO discusses sustainable investing amid political uncertainty
...China and Russia are challenging US claims to mineral-rich stretches of seabed because Washington has failed to ratify a treaty — the UN Convention on the Law of the Sea — that governs access to resources...
Alan Bruce steps down just over a year after taking group public
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