Hints and tips:
Related Special Reports
...Texas, the leading US oil-producing state, has declared Climate Action 100+ to be anti-oil and blocked financial companies, including BlackRock, from doing business with the government....
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
...It comes amid a broader surge in merger and acquisition activity in the US oil and gas industry, as companies place bets on the future of the energy mix and appetite dwindles to build new pipelines amid...
...Much of his firepower derives from a humble source: a small oil refining and nitrogen fertiliser company in the US heartland....
...The chief executive of Ithaca Energy has quit the North Sea oil and gas producer, exiting as the group tries to rebound from a lacklustre first year as a public company....
...EQT chief executive Toby Rice told the Financial Times that the US had “oceans of natural gas”, but companies like his in the prolific Appalachian shale region were struggling to add supplies because new...
...At the COP28 climate conference in December, companies representing about a third of global oil and gas production including ExxonMobil, TotalEnergies, BP and Shell pledged to stop routine flaring of excess...
...Berkshire did not disclose any new investments in the fourth quarter of 2023, although it increased its holdings in satellite radio operator SiriusXM and in oil majors Chevron and Occidental Petroleum....
...“The knowledge that [the European companies] needed to sign up for [long-term LNG contracts] has come through,” Grindal said....
...Shares rose 1 per cent on Wednesday after news of Souki’s departure from the company. The company’s difficulties have also hit Souki’s personal finances....
...But just seven months later the second-largest western oil company is going through a rocky patch because of operational problems and an all-stock mega-deal, the FT reports....
...Ethylene is produced from hydrocarbons derived from oil and natural gas and is a feedstock for the most widely used plastic, polyethylene....
...Smart reads Backhanders and bathrooms A $70,000 wristwatch, a luxury bathroom and at least a dozen bags of cash were all given as bribes to win oil trading business in Ecuador, Bloomberg writes....
...The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
...Both companies have already been active in dealmaking. Woodside bought BHP’s lucrative former oil and gas assets last year while Santos solidified an A$21bn takeover of Sydney-based Oil Search in 2021....
...But IP doesn’t have the same importance to an oil & gas exploration company as it would to a brand like J Crew, so other assets might be available for transfer. 2) Contracts often prevent transfers of IP...
...Guy Wall, the managing director of A&M’s restructuring practice in Dubai, last month became a director of Brooge Energy Limited, a UAE oil storage company that had been plagued by financial reporting failings...
...The UK’s previous adherence to green energy policies has taken a heavy toll on UK-focused oil and gas companies....
...But Icahn could rely on one secret weapon of sorts to pour oil on troubled waters....
...Legal hammer Oil supermajor ExxonMobil’s case against two climate activist groups has grabbed the attention of corporate America, the FT reports....
...“Investors would be hard-pressed to find an oil and gas company that doesn’t plan to replace its declining production from old fields by developing new fields, be they on the oil side or the gas side.”...
...Payment services company Magnati was spun out of First Abu Dhabi Bank and is now majority owned by Canadian private equity giant Brookfield....
...BT is not the only company with ambitions in this area: the oil majors are also rolling out chargers, particularly at forecourts....
...If these services prove as popular as hoped, a range of second-tier companies could also grow rapidly....
...It’s not hard to find oil and gas companies in supposedly sustainable vehicles, and accusations of greenwashing directed at active managers are the main reason we see so much new regulation around sustainable...
International Edition