Hints and tips:
...Warren Buffett is pouring more money into bets on fossil fuels, with Berkshire Hathaway agreeing a $3.3bn deal to acquire Dominion Energy’s 50 per cent share in the Cove Point liquefied natural gas terminal...
...Berkshire Hathaway Energy, which already owns 25 per cent of the Cove Point plant in Maryland and manages its operations, will fund the acquisition with a combination of cash and stock....
...“We figured at some point over the next few years, we’d start to see a downturn [in gas use]....
...Dominion is seeking $1.6bn in damages....
...Point LNG plant (FT) Thames Water falls short of £1bn goal with £750mn injection (FT) Dealmakers target UK mid-market as larger transactions prove scarce (FT) China tech/Ant: Beijing tries to fix sector...
...In 2019, Brookfield also bought a 25 per cent stake in Cove Point LNG, an export terminal in Maryland built by utility Dominion Energy....
...(Amanda Chu) Power Points BP chief Bernard Looney sees a “beautiful” future in clean energy. Top Australian LNG exec says his company doesn’t have enough gas for Europe if Russia cuts off flows....
...The transaction also includes considerable storage facilities and partial ownership of the Cove Point LNG terminal, one of only six LNG export facilities in the country, which Berkshire Hathaway Energy will...
...Centred in the eastern states, the purchase includes a 25 per cent share of the Cove Point LNG port in Maryland, interstate pipelines that snake from the Marcellus gasfields to eastern markets, some gas...
...I very much believe it's going to be a very strong third pillar for our business, and I think it could be a significant P&L contributor to our company, definitely within five years, and definitely within...
...Since 2016, we estimate the Kingfisher P&L has had an £81m transactional benefit from weaker sterling. FX could become a headwind once trade talks are agreed (or not)....
...Company commentary supports our view of limited direct impact to P&C : Hannover Re: noted a potential €200m loss across P&C and L&H; Munich Re: noted a €500m loss should all the events it covers for communicable...
...Both Dominion’s Cove Point in Maryland in the US and Novatek’s Yamal LNG in the Russian arctic are due to deliver their first cargoes later this year but the pace of supplies from new projects is uncertain...
...While PennEast is not explicitly an export-directed project, some of its methane molecules could find their way to the Cove Point LNG port in Maryland....
...Dominion Energy’s Cove Point, about 50 miles south-east of Washington, is scheduled to start producing liquefied natural gas by the end of the year....
...P&G’s line was “Being A Chinese Citizen”. KFC has provided Chinese style breakfasts. L’Oreal created cosmetics friendly to the Chinese skin....
...Point LNG, led by Dominion Resources....
...The Cove Point plant in Maryland, owned by Dominion, the US energy group, last week became the fourth project to be awarded a licence to sell to countries that do not have a trade agreement with the US....
...The next significant project in line for a decision is Cove Point in Maryland, backed by Dominion, the US energy group....
...After all, how else do you account for the disruptive tone of the following summary points?...
...&P 500 futures point to Wall Street advancing 0.2 per cent, a meagre rally that highlights the market’s seemingly reluctant “risk on” posture, says the FT’s Global Market Overview....
...The actual downgrade was just 1 notch, from A(L) to BBB(H). You should also note that our rating on Portugal of BBB(H) is at the same level as at least one other rating agency....
...Hammerson rose 4.8 per cent to 405¾p and Land Securities was up 2.4 per cent to 654½p. British Land added 2.9 per cent to 492p, aided by Goldman Sachs’ “buy” advice....
...The FTSE 100 ended weaker by 0.3 per cent, or 15.99 points, at 5,761.66....
...She said it was tough to point out clear distinctions in leadership style: “Two individuals, of whichever gender, never lead in the same way.”...
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