Hints and tips:
...The prime minister used the King’s Speech last month to force the energy regulator to carry out annual licensing rounds in the North Sea basin....
...TechMet has a stake in EnergySource Minerals (ESM), a lithium developer backed by oilfield services giant Schlumberger. “It’s a natural evolution for oil companies....
...Lego is fundamentally a product that is petroleum-based. I mean, ABS plastic has a core element of petroleum. Their entire product is based on oil....
...By contrast, many other businesses inside Icahn’s empire, which span automotive services, real estate and even sausage packaging, have struggled to generate meaningful earnings....
...with the claims about energy companies, saying “BlackRock clients have more than $170bn invested in American energy companies” and touted last month’s $550mn investment by a BlackRock fund in Occidental Petroleum...
...Berkshire also added to his positions in Capital One and oil producer Occidental Petroleum....
...The renovation will also reduce water consumption by a fifth and install a new “greywater” recycling system, which reuses water from basins and showers in toilets and urinals....
...Oilfield services inflation has soared over the past year as operators scrambled to locate equipment. But with demand coming off the boil, the price rises in oilfield services have been subsiding....
...The capacity of a plant planned by Occidental Petroleum in the Permian Basin will be 250 times bigger, capable of removing 1mn tonnes of CO₂ a year....
...The investments, along with purchases of shares in video streaming service Paramount Global and oil majors Occidental Petroleum and Chevron, showed that Buffett and his investment team continued to bet on...
...Separate filings show the company has increased its stake in energy company Occidental Petroleum in recent months....
...Richard Chilton, the founder and chief investment officer of Chilton Investment Company, told the FT he decided to add Berkshire to the company’s holdings after Buffett snapped up shares of Occidental Petroleum...
...The conglomerate bought $7.7bn worth of shares in oil and gas company Occidental Petroleum and boosted its stake in the oil major Chevron....
...Shareholders in Occidental Petroleum last week overwhelmingly rejected a proposal calling on the company to set more detailed emissions reductions targets....
...Born to a customs director father and a mother who worked for the French postal service, Pouyanné spent part of his youth in the southwestern Basque region....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...“There’s a big people problem,” said Raoul LeBlanc, senior analyst at IHS Markit and former director of strategic planning at Anadarko Petroleum....
...Go deeper Soaring energy prices are reviving the US shale oil industry and yesterday Whiting Petroleum and Oasis Petroleum, two US shale oil producers, agreed a $6bn merger....
...Jeff Wilhelm, a senior vice-president at Flex Flow, a Midland, Texas-based company that provides well-pumping services in the Permian Basin, said he had seen people leave the energy business for good after...
...It is delivering a very real service to the world — quality carbon credits.”...
...A version of this article was first published by Nikkei Asia on March 21 2022. ©2022 Nikkei Inc....
...There’s nothing abnormal about what is going on,” said Patrick De Haan, head of head of petroleum analysis at GasBuddy, a price information service....
...However, Alain Harfouche, managing director at investment and advisory financial services group Guggenheim Securities, reckoned such moves were driven more by efforts of reorienting portfolios towards higher-value...
...Oilfield services, damaged in the crash, are still struggling The bankruptcies and huge sackings in the oilfield services sector last year have left that segment of the business underpowered....
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