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...Jaber — who is also head of the Abu Dhabi National Oil Company (Adnoc) — said he will invite chief executives from Silicon Valley and Big Oil for a “Change Makers Majlis”, or special gathering, at the start...
...Some of the largest companies to have bought or received credits were Chevron, Canadian Natural Resources, ConocoPhillips, Imperial Oil and Suncor Energy....
...As a result of higher prices, 2022 was the most profitable year on record for publicly traded US oil companies....
...The Big Read Joe Biden’s approach to climate change has made him an unpopular man in America’s oil and gas industry and contrasts starkly with Donald Trump’s promise to “drill, baby, drill”....
...Raskin on Wednesday said: “Big Oil’s denial, disinformation, and doublespeak — all in service of their campaign to deceive the public about the enormous climate crisis we are in and the role that Big Oil...
...Other Big Oil names will be interested in sharing in that success. So far the explorer estimates 10bn barrels of oil equivalent is in place, but it will drill more wells this year....
...Mining and trading group Glencore recorded a big increase in carbon emissions last year after it expanded coal production and restarted an oil refinery in South Africa that was closed by an explosion....
...Maybe Donald Trump will squelch this if he wins the presidential election; Big Oil certainly hopes so....
...Returning more cash to shareholders was a common theme throughout Big Oil’s first-quarter earnings, which saw Shell, Chevron and TotalEnergies beat expectations and ExxonMobil and BP fall short....
...Deep dive BP is betting big on the Gulf, 14 years after the Deepwater Horizon explosion caused the biggest offshore oil spill in US history, The Wall Street Journal reports....
...Views on his record are sharply divided, as Stefania Palma explains in this FT Big Read....
...Already in recent months, there have been disruptions at exporting facilities in the US and Australia, two big LNG producers....
...Two senior women are leaving BP in the first big changes to the company’s management team since the departure last year of chief executive Bernard Looney in a scandal over his past relationships with colleagues.Chief...
...NBIM is mostly a massive index fund, and adding private equity to the mix (in an overwhelmingly social-democratic country like Norway) was always going to be a big ask....
...“All oil majors will look to see what happens at Shell,” said the letter, which is being sent to almost 2,000 investors, including big shareholders....
...And when asked about Rio Tinto’s commitment to achieve net zero by 2050, he responded that the company was “not in coal, not in oil and gas”. It was a telling comment for Australian shareholders....
...“Yes, we’re a big producer. But more importantly, we’re a big consumer, and that’s where our exposure lies.”...
...While we’ve been watching Nvidia and other sparkly tech stocks, oil has been sneaking up to touch $90 a barrel. Today on the show, we talk about oil supplies, demand and the role of geopolitics....
...Mersey had one of the worst levels recorded globally for a river basin....
...Datapoints Big Oil has boomed under Biden as company profits skyrocketed to unprecedented levels. So why does the oil industry hate him?...
...His views are significant as the oil fund is one of the largest single investors in the world, owning on average 1.5 per cent of every listed company globally and 2.5 per cent of every European equity....
...There are only about 40 companies in the world with a market cap of $250bn or more, which is about what a company would have to be for Berkshire to bet big on it without becoming a de facto owner....
...to the area around the Pearl River Delta....
...Even if those costs come down over time, a few “dry” wells could cause some of these oil companies to rethink their plans....
...A dozen of the world’s biggest oil and gas companies are expanding a satellite monitoring campaign to detect methane emissions in emerging economies following detection of 26 large leaks of the planet-warming...
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