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...The rejection of the drilling plan also dismayed local politicians from coastal areas that stand to benefit from jobs and royalties if production eventually goes ahead....
...Analysts will be watching shale companies’ drilling plans this earnings season for signs of a renewed focus on growth....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...The hope is that if the industry tackles methane emissions, as many companies have pledged to, it can still play a role....
...He typically rents his home — a coastal detached house with five bedrooms, a pool and a gym — during July and August....
...This helps explain this chart, from Morgan Stanley, showing private oil company capital investment and the oil price: Oil prices have risen, but oil companies aren’t chasing the prices with higher production...
...Letter in response to this article: Westminster v Weymouth / From Carol Wilcox, Labour Land Campaign, Dorset, UK...
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...The company boomed throughout the 1950s and 1960s, at its peak employing 800 people and producing 2,000 pieces of furniture a day....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Shareholders are in a quandary: Cobham shares are 50 per cent below their 2015 peak, the group has had two rights issues and it has warned on profits five times....
...See European Oil Services & Drilling: Future postponed, again, 20/3/20, for example....
...Drilling activity is still on the decline for now, however....
...Derelict homes can be offered for as little as €1, although in fashionable coastal areas prices run into the millions. A three-bedroom villa in Taormina is on the market for €1.35m with E&V....
...From petrol pumps and refineries to pipeline infrastructure and drilling rigs, in the past four years state energy companies have spent more than $30bn alone in the oil and gas sector, government data show...
...If not exactly "peak coal", it certainly looks as though we are on a long flat plateau....
...Cirrus has more than 600 orders for the V-tailed seven-seater (including two child-only seats), so it is not under pressure to chase more....
...“Big business has eaten up a large part of coastal Norway,” he continues, lamenting how companies are squeezing out small fishermen by buying up quotas and using larger vessels....
...As the shale drilling boom hit a crescendo, US light crude was fenced in by a lack of pipelines and the export ban....
...The number of rigs drilling for oil has dropped from a peak of 214 to 37, and businesses, from small “mom and pop” service providers to venture capital companies, are trying to offload unused equipment....
...The Edinburgh-based company, which has had a marked slowdown in drilling, is also expected to reduce its exploration spending significantly from nearly $500m in 2014 to about $100m this year....
...For oil companies of all sorts this was thus a time to leverage up and go drilling, but only if they could be assured that the high prices that make such efforts worthwhile would be sustained....
...“This is our peak season,” said Teri Viswanath, gas analyst at BNP Paribas....
...As the price differential between inland and coastal oil markets narrows, railways and logistics companies are reporting falling traffic on the lines connecting oilfields to refineries....
...Average prices stand at $161,300, up 2.6 per cent year-on-year but struggling to return to the August 2008 peak levels of $195,000....
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