Hints and tips:
...Its overall US oil output rose to 851,000 barrels a day during the quarter from 789,000 b/d a year ago....
...The unusually fast ramp-up could push production to 1.2mn b/d by 2027 — equivalent to about a third of Exxon’s current daily production....
...I really rate B-Corp certification, which verifies the brands that meet the highest standards of top-to-toe social and environmental performance, public transparency and legal accountability — in other words...
...It is part of a development led by Exxon off the tiny South American country’s coast, where more than $40bn in investment is planned, that could bring Guyana’s total oil production to more than 1mn b/d later...
...Continental Resources, which shale pioneer Harold Hamm took private last year, is the US’s biggest private oil producer, pumping 280,000 b/d. It’s also a natural gas powerhouse....
...“As a company, we’d always tried to minimise our impact by casting in reclaimed metals, using alternatives to chemicals, and minimising waste, so we thought that qualifying [as a B Corp] would be a cakewalk...
...Output over the past four weeks was just 11.6mn b/d, according to the Energy Information Administration, well below the record high of about 13mn struck before the pandemic....
...No less significant was a poll of the general UK public, commissioned by the B Labs non-profit group (which runs the voluntary B Corp certification scheme, for purpose-driven companies)....
...Patrick Temple-West UK law firms turn to B-Corp for a sustainability framework The certified “benefit corporation” or “B-Corp” status has gradually become a mainstream sustainability enhancer for companies...
...The International Maritime Research and Development Board (IMRB) is a $5bn programme, governed by the IMO, to co-ordinate and fund applied R&D to catalyse the introduction of zero-carbon fuels and technologies...
...Regional casino operator Eldorado Resorts’ $17bn purchase of Caesars Entertainment was thought to be on the rocks as its share price on March 18 was trading 60 per cent below the implied deal price....
...Caesars Entertainment was trading 60 per cent below its implied buyout price from Eldorado Resorts....
...The trust acts as one in company matters, wielding roughly 40 per cent of voting B shares....
...(Billy Nauman) Embedding ESG: a Moral Money Forum survey Our next Moral Money Forum report will look at alternatives to traditional corporate structures, such as B Corps, public benefit corporations and...
...Chevron had targeted production of 600,000 b/d from the area by the end of the year, but has since scaled this back to 475,000 b/d — lower than first-quarter production....
...Capacity already exceeded demand in 2019, and another 1.7m b/d, from Nigeria to Kuwait, is due on line this year. Demand, though, is down by 9m b/d....
...The activist investor’s bid to overhaul Occidental’s board follows his success at Caesar’s Entertainment, which agreed to be bought by Eldorado Resorts in a $17.3bn deal....
...Taos, the ski resort in New Mexico, has tapped into the ESG trend in another way, by turning itself into a B-Corp....
...Tehran’s main concern is the restrictions on its oil exports, which have plummeted from 2.8m barrels a day in May last year to under 500,000 b/d....
...But crucially the development of water resources remained under state control....
..., of which 2m-3m million b/d will be converted into petrochemical products....
...mixture of a foundation and a social purpose B Corp designed to help companies embrace the SDGs....
...Chevron has lifted its estimate from 650,000 b/d to 900,000 in 2023....
...Oil exports have fallen from a peak of about 2.8m barrels a day in May last year to about 1.3m b/d....
...We thought we'd turn our attention to a corner of that expanse, $23bn worth of investment properties....
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