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...According to his LinkedIn profile, he previously worked in government affairs for Cheniere Energy and as a senior adviser to the chief of executive of Tellurian Inc, two companies which pioneered the development...
...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
...The Denbury deal confirms its interest in the controversial technology. Three years ago, Denbury filed for bankruptcy....
...ExxonMobil is doubling down on its carbon management business, announcing an almost $5bn deal for Denbury Resources that would give the oil supermajor access to the biggest pipeline network in the US for...
...ExxonMobil will buy Denbury Resources for $4.9bn in its first big push to build up its carbon business focused on transporting and storing emissions....
...The deal was Exxon’s second significant transaction of the year after it bought Denbury Resources for $5bn in July to bolster its carbon management business....
...Exxon is in the process of closing a $60bn deal for Pioneer Natural Resources, the biggest producer in the Permian....
Transaction should transform London-listed company into one of the North Sea’s largest producers
...Normally purchase-shy ExxonMobil has, therefore, teed up one $4.9bn US deal this year, Denbury Resources. It is linked with a larger offer for Pioneer Natural Resources....
...Exxon paid $5bn for Denbury Resources in July, acquiring assets including its extensive network of carbon dioxide pipelines....
Ithaca’s deal with Eni would simply be trading assets around a troubled basin
Also in today’s newsletter, one solar company thinks it has what it takes to go public — despite a down market for the sector
New survey shows geopolitical turmoil, tough macroeconomic conditions and AI spurring shifts in energy markets
...Spanish renewables group Iberdrola has called off its planned $8bn acquisition of PNM Resources, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in...
Xi Jinping hopes manufacturing can offset the property slump
London-listed company given four-week exclusivity period by Italian oil major to make bid
A foray into US dealmaking four decades ago raised the hackles of locals and proved financially disappointing
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
...This includes centralising the distribution of computing power using state-run trading platforms that broker access to cloud computing resources....
...Smaller publicly listed Permian specialists like Permian Resources and Matador Energy have been floated as potential targets....
...A detailed follow-up from Electrek on Monday reported that Model 2 work had indeed been “completely defunded” and that the project was “effectively scratched right now as Tesla is putting all resources into...
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CVR Energy has paid out $3.2bn in dividends to feared activist’s public investment vehicle
...Analysts said the latest wave of lay-offs showed companies were reshuffling their resources in order to invest in new areas such as generative AI while also showing shareholders there was a continued focus...
...In recent months, Beijing has redirected resources to the manufacturing and high-tech sectors....
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