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...Last year, Aramco acquired a 10 per cent stake in Shenzhen-listed Rongsheng Petrochemical for $3.6bn and entered a venture with two other Chinese companies to build a 300,000 b/d refinery and petrochemicals...
...The $3tn to $4tn it will cost each year come in a different macro environment.”...
...a blockbuster IPO....
...“I think ultimately, the world needs energy and we’re energy traders, so if you don’t move this stuff, you know the world doesn’t work.”...
...(Don’t forget, however, that the Department of Justice has looked down on big buyback programmes in the past.)...
...Details: Tim Moore was a guest of Belmond (belmond.com)....
...elaine.moore@ft.com...
...Moore would tap on the window and watch a herd of sheep, owned by a local farmer, drift towards the sound. They became the subject of a huge body of work, including Sheep Piece (1971-72)....
...Infrastructure is a big problem....
...I’m reporter Ethan Wu here in New York, joined from London by Elaine “Moore’s Law” Moore. Elaine MooreHi. Ethan WuAnd from New York, Robert “Value This” Armstrong. Robert ArmstrongHola....
...If you’re a purist then the idea of cryptocurrencies, of bitcoin, of blockchain is that you don’t need to have institutions....
...Marc FilippinoElaine Moore is the FT’s deputy Lex editor and a tech columnist. Thanks, Elaine. Elaine Moore Thanks so much....
...The fact is that we don’t have a capital need. So what would be the driver at the end of the day?” he added, at the FT’s Commodities Summit in Lausanne....
...toddlers in a trenchcoat....
...It said China’s oil demand had normalised after a post-Covid spurt and that a mild winter had moderated demand....
...“Don’t confuse a stock market fad with real money” was one eye-catching comment under our article about Arm. It is true that a sales increase of 14 per cent in the last quarter is not record-breaking....
...The cuts have crimped production of crude by some 5.3mn barrels a day, or about 5 per cent of global supply....
...The call comes a year after the collapse of a £1.7bn takeover approach for Wood from buyout group Apollo....
...Of course, even with more than 10,000 people cheering, it’s not easy to turn a tech conference into a rousing cultural event. Harder still when you are a chip design company....
...A key difference is that Moore’s Law is a function of time, but Wright’s Law is a function of activity: the more you make, the cheaper it gets....
...Simon Case, who as cabinet secretary is responsible for half a million civil servants, and spy chief Richard Moore on Wednesday separately said they resigned from the club after facing criticism for their...
...I don’t know. Katie MartinIt went wrong in a good way....
...Iran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost even as western countries discuss stepping up sanctions in response to its attack on Israel....
...It said China’s oil demand had normalised, after a post-Covid spurt, and that a mild winter had moderated demand....
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