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...“Potential unlawful co-ordination appears throughout Climate Action 100+’s documents,” the attorneys-general said last year....
...However, 95 per cent of US hydrogen is produced with natural gas in a process that creates large amounts of CO₂....
...Environmentalists were fighting hydrogen and carbon capture “for good reasons”, he said, because plants to make hydrogen and capture the CO₂ would themselves consume significant amounts of electricity....
...Hedging has become less attractive as the oil futures curve has slumped along with the spot price....
...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....
...Souki had established his reputation at Cheniere Energy, which he co-founded and built into the country’s first LNG exporter outside Alaska....
...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....
...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....
...In a chilly hangar in Northern Ireland, Ulster Aviation Society co-founder Ray Burrows surveys painstakingly restored aircraft including a sleek black Sherpa jet, a boxy Short 330 and a Canberra spy plane...
...But Icahn could rely on one secret weapon of sorts to pour oil on troubled waters....
...Arla has a goal to reduce CO₂ emissions from farms by 30 per cent per kilo of milk by 2030, says Paul Savage, agriculture director for the co-operative’s UK branch....
...European private equity firm Cinven has appointed Bruno Schick, Jorge Quemada and Supraj Rajagopalan as co-managing partners....
...to co-invest with them. . . ....
...“We should abandon the fantasy of phasing out oil and gas and instead invest in them adequately, reflecting realistic demand assumptions,” he said....
...Legal hammer Oil supermajor ExxonMobil’s case against two climate activist groups has grabbed the attention of corporate America, the FT reports....
...That should enable it to broker up to $1bn in loans to small and medium sized enterprises in the next 18 months, and the same amount annually, according to Rohit Arora, co-founder and chief executive....
...Then, late on Tuesday, Carlyle Group co-founder David Rubenstein reached an agreement to buy Major League Baseball’s Orioles for $1.73bn....
...Also joining the board are Kevin Howell, former head of NRG’s Texas business, Alex Pourbaix, former chief executive of Canadian oil group Cenovus Energy, and Marcie Zlotnik, co-founder of Texas retail electricity...
...Denbury, a relatively small oil producer, has built up significant expertise in the “enhanced oil recovery” method of extraction, in which it uses its CO₂ pipelines to pump the greenhouse gas into ageing...
...On Wednesday, Scott Nuttall, co-chief executive of KKR, conceded that returns for large public companies such as KKR are often mixed....
...oil recovery”....
...becoming an investable technology and BlackRock’s commitment in Stratos underscores its importance and potential for the world,” said Vicki Hollub, chief executive of Occidental, one of the biggest US oil...
...News round-up UAE planned to use COP28 summit for oil deals, documents show (FT) Abu Dhabi’s media record under scrutiny after Telegraph deal offer (FT) Bayer chief blames thin drug pipeline on ‘years...
...French oil major Total made an investment in 2016, later promising to buy 2.5mn tonnes a year from Driftwood....
...A major skincare surprise came via The Outset, co-founded by actor Scarlett Johansson....
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