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...in trading Russian oil....
...Oil group Shell (78th) decided against such a move, while the chief executive of France’s TotalEnergies (54th) told investors it was not an option. BP ranks 42nd....
...Barrack also warned that, depending on what the cartel does, the oil market could experience “extraordinary” volatility....
...“In a way it’s an arms race,” Russell Hardy, chief executive of Vitol, the world’s biggest oil trader, told the FT Commodities Global Summit in Lausanne this month....
...: Anouk Biard, Paris Biard is the go-to for the Paris set, known for stripping away the multitude of steps beloved by many facialists in favour of a hands-on massage using a specially blended treatment oil...
...The oil and gas industry has begun taking steps to tackle methane emissions, as the US and other nations move to implement financial and other penalties....
...Gilbert’s AssetCo business acquired a 63 per cent majority stake in Rize for £16.5mn in 2021 and later invested a further £5.25mn....
...The group paid just £5.5mn for a 70 per cent stake in Rize, acquiring the business from AssetCo, an investment firm founded by Martin Gilbert, an asset management industry veteran....
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...An oil analyst at a US commodities trading house has been dismissed after a video that circulated on social media showed him in a tense exchange with an onlooker as he covered up what appeared to be posters...
...Water is used in most forms of fuel and power generation, for example, to pump for oil and gas or to produce steam in thermal power stations....
...And the big oil majors (Exxon, Conoco, Chevron) don’t look very cheap relative to the profit and revenue growth the street expects right now....
...Waterproof tanks made with lime, brick dust and oil were probably fed by gutters from nearby thatch or shingle roofs dating back to the 1610s, he says....
...It was founded in the 1970s by Jan Nasmyth, a former Treasury official and British Army officer, as a weekly newsletter called Europe-Oil Prices covering European petroleum products....
...The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
...He said the South American country had benefited from the easing of US sanctions on its oil industry in October and the entry of US companies such as Chevron....
...Bankers brace for a Big Oil fee bonanza After a moribund few years for M&A, two megadeals are fuelling dealmakers’ hopes for a fee windfall, as more big oil producers consolidate in a rush to produce the...
...in the sector, for example in analysing claims, but the negotiation of specialist commercial insurance contracts — where underwriters provide policies covering against everything from cyber attacks to oil...
...News round-up Activist fund Elliott seeks board seats at oil refiner Phillips 66 (FT) Castore scores £950mn valuation after Raine-led funding round (FT) Farfetch shares plunge despite talk of founder...
...Democratic senator John Hickenlooper, for example, sold over $100,000 worth of shares in oil major Chevron in October 2021, a few months after he was appointed to the Senate energy committee....
...All the Goldmanites need to do is “keep the oil tanker cruising”....
...And one smart listen: The FT’s Myles McCormick joins the FT’s Behind the Money podcast to discuss why Big Oil is betting on a dealmaking frenzy. Listen here....
...He has previously compared technology to the “new oil” in the US economy....
...Earlier this year, the firm decided not to pursue its offer for UK oil engineering company Wood Group despite a months-long pursuit that saw it make multiple offers....
...Start-ups are fielding calls from venture capital providers, pension funds, nuclear engineering companies and, of course, oil and gas groups....
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