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...The initial Microsoft-Brookfield agreement is more than three times larger than the 3GW of power used by data centres in Virginia — the world’s largest hub for such facilities — which source energy from Dominion...
...Infrastructure groups have invested heavily in utilities, with some of their investments benefiting from a shortage of power production capacity as data centres and digital infrastructure tax energy grids...
...All this fed through to a 44 per cent reduction in cash profits (ex-exploration costs) to $90.6mn....
...The business, best known for oil and gas pipelines, plans to spend $14bn in total on acquiring three natural gas utilities from Dominion Energy. Virginia’s Dominion has been in steady retreat....
...The Colletts are the first of several among Smyth’s bookmakers who stand outside official histories of production and print....
...He’s played a central role in some of Berkshire’s biggest takeovers, including PacifiCorp and Dominion Energy’s pipeline business....
...Abel has played a large role in Berkshire’s acquisitions, including its takeovers of PacifiCorp in 2006, and Dominion Energy’s pipeline business in 2020....
...Skills initiatives and support to make digging, research and exploration less risky are important too, to kick-start new projects....
...What is striking is that shares in US-listed gas-focused exploration and production companies have performed surprisingly well year to date....
...The Dominion deal handed Berkshire thousands of miles of natural gas pipelines and a 25 per cent stake in the Cove Point liquefied natural gas terminal in Maryland, a big export facility....
...Among big US carriers, it appears to be the least affected by Boeing’s production and delivery issues. The Atlanta-based airline does not operate any Boeing 737 Max jets....
...After buying Dominion’s gas utilities, Enbridge’s asset mix will be evenly split between gas and renewables and liquids, the company said....
...Adapted by John Caird (who also directs) and Maoko Imai, this ambitious co-production between Toho company and PW Productions streams across the stage with boundless invention, using puppetry, design and...
...The company said its “ability to align factory costs . . . and to react to sudden changes in production rates will have a material impact on results of operations and cash flows throughout 2024”....
...Moving from exploration to production has required an average of 16 years in the past two decades, according to S&P Global Market Intelligence....
...The midstream company was spun off from EQT in 2018 after activist pressure, with EQT retaining its upstream business, focusing on natural gas exploration and production, and Equitrans Midstream on storage...
...and production....
...Brazil must consider capping oil production and exploration, the country’s environment minister has said, casting her in opposition to the government’s own plans of turning the nation into one of the biggest...
...“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....
...still investing in new gas exploration and production....
...Galp already has oil production in Brazil, with a new project starting up at Bacalhau. It has stakes in projects in Mozambique (gas) and offshore São Tomé (near Nigeria)....
...Cook also visited Vietnam and Indonesia over the past week for talks on possible expansion of production....
...Today’s newsletter looks at a report from the Global Energy Monitor showing new oil and gas exploration and development are continuing despite warnings from the global energy watchdog that they’re not needed...
...“We aren’t in a rush” to conclude a deal to purchase a mix of Boeing wide-body and narrow-body jets as the plane maker was struggling with “production” and “quality” issues, Turkish Airlines chair Ahmet...
...The notion that a Model 2 might be built in new factories in Mexico or elsewhere have been replaced with vague commitments to retool existing infrastructure and production lines....
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