Hints and tips:
...South America braces for the impact of El Niño, with extreme weather expected to bring $300bn economic hit to growth. Energy Source is written and edited by the FT’s global energy team....
...Speaking at a COP27 side event, Maggy Shino, petroleum commissioner at Namibia’s Ministry of Mines and Energy reportedly said Namibia would seek to attract investment to exploit its fossil fuel resources...
...EL Rothschild, the family investment office established with his wife, retains a stake in the media group....
...Egypt’s petroleum minister Tarek el-Molla said that the deal, which will run for three years and can be extended for two more, was a “milestone” and could lead to further co-operation between other Mediterranean...
...The picture that inspired Scott’s post-Katrina rethink also hangs in Walmart’s emergency operations centre, the windowless bunker from which Walmart co-ordinated its response to a shooting in El Paso, riots...
...Renewable energy stocks did better. Welcome to another Energy Source....
...As part of the changes, Mr Scott, a former investment banker who was chief financial officer of energy group El Paso Corporation before joining GSO in 2005, has also taken on a more visible role....
...Occidental Petroleum took on huge debt to spend almost $60bn buying Anadarko and its 1.4bn barrels of oil equivalent reserves (end-2018)....
...Refiners are inundated with petroleum products, so need less crude. US oil stockpiles hit a record high last week. Covid-19 cases are surging anew....
...Marathon Petroleum declined to comment....
...True, El Paso Electric is underleveraged; the operating company has only 35 per cent debt in its capital structure. Perhaps there is a reason for that low leverage....
...But just seven years ago, the bank settled litigation involving the combination of two energy companies, El Paso and Kinder Morgan, where it was both a private equity investor and adviser....
...He picked it up again this week at his first re-election rally in El Paso, Texas, when he warned: “I really don’t like their policies of taking away your car, taking away your aeroplane flights, of ‘let’...
...Superior Californians Bedrock Wine Co, Old Vine Zinfandel 2016 Sonoma Valley, £28.50 Berry Bros & Rudd Bedrock Wine Co, The Whole Shebang!...
...The club are also tracking how exertion depletes each player’s energy levels. Some players sweat more than others. Some burn more fat or more carbohydrates....
...Tarek El-Molla, Egypt’s petroleum minister, told the Financial Times last year that his country was willing to work with neighbours to create an energy hub....
...“I think it’s a natural match,” says Marcelo Kayath, former co-head of investment banking for Credit Suisse in Brazil and founder of investment firm QMS Capital....
...Large state-owned banks and energy companies appear to be in the crosshairs....
...M&G and Sothic have put forward Ian Ashby, a director at Vancouver-based mining group Nevsun Resources, and Garrett Soden, a non-executive director of energy group Gulf Keystone Petroleum....
...Run by co-chief executive Jeff Frase, who has led oil trading at JPMorgan and Goldman Sachs, Noble’s oil unit was once the fastest-growing part of the company....
...Doug King, co-founder of the $229m Merchant Commodity Fund, said he saw “a lot of agendas” behind the buying, from big macro hedge funds defending bullish positions to Opec countries trying to ensure the...
...Why would you not settle for life as a London merchant?” An enthusiastic waiter approaches. “Everything’s fine, thank you,” says Mantel....
..., former chief executive of El Paso, now part of Kinder Morgan....
...The El Niño weather event of the past year has not done serious damage to global grain supplies....
...Bill Farren-Price, head of Petroleum Policy Intelligence, said: “Now the market is starting to rebalance, the Saudis are moving to reinstate control....
International Edition