Hints and tips:
...Seeking to diversify away from hydrocarbons, Doha is hunting for assets to complement its existing portfolio, which includes Harrods department store and the Shard tower in London....
...Though Fink warned in 2020 that the asset manager would “continue to hold exposures to the hydrocarbon economy”, in recent years he has hit back explicitly at rightwing and leftwing critics who want the...
...Companies that exploit coal or “unconventional” hydrocarbons will also be off limits. The sweeping nature of the new regulations is likely to radically reshape ESG fund portfolios....
...Ethylene is produced from hydrocarbons derived from oil and natural gas and is a feedstock for the most widely used plastic, polyethylene....
...Two brothers died from burns after an attempt to correct rising fluid levels led to a release of naphtha — a flammable liquid hydrocarbon mixture — into the refinery’s fuel gas system, OSHA, the government...
...Despite high oil and gas prices, the market remains down on companies that get hydrocarbons out of the ground....
...The Yamaguchi refinery, accounting for more than a tenth of Idemitsu’s total refining capacity, will stop making hydrocarbon fuels by the end of March 2024....
...But the biggest recent winners have been old-skool companies in out-of-fashion industries — and above all those that pump hydrocarbons out of the ground....
...Expect Boots to become a high street name in India as Reliance continues to diversify away from its hydrocarbon roots....
...The company’s net income more than doubled in 2021 to $110bn as resurgent economic activity following the easing of global coronavirus restrictions revived demand for hydrocarbons....
...“This offer completely aligns with Mr Hamm’s long-held belief that the world’s thirst for hydrocarbons will not be quenched by ESG,” said Andrew Gillick, a strategist at consultancy Enverus....
...Following the Siccar Point deal Ithaca will control reserves that would allow it to continue producing hydrocarbons “deep into the 2050s”, which is likely to make it a fresh target for climate groups opposed...
...This includes continuing to work with hydrocarbon companies,” he wrote....
...Despite a multi-billion-dollar writedown on its operations in Russia, Shell profited handsomely from the fallout of the war in Ukraine, which has sent hydrocarbon prices surging....
...Asian demand for natural gas is set to drive growth in the LNG industry for “decades to come”, even as the world reduces its dependence on hydrocarbons, one of the biggest US exporters of the fuel has predicted...
...American Airlines, Freeport-McMoRan, Philip Morris, and Dow Inc also report earnings....
...The Tokyo bourse implemented its biggest overhaul in 60 years to more closely align Japan Inc’s financial and corporate governance standards with those of its western counterparts....
...“It’s very difficult for companies to move away from hydrocarbons [the chief components of petroleum and natural gas],” he said. “It’s consistent with ‘let’s move away from commodities and specialise’....
...(Patrick Temple-West) Charts of the day For commodities traders, the shift away from hydrocarbons is not a threat but an opportunity for profit, writes FT natural resources editor Neil Hume....
...Nuclear will play a part in the world’s transition away from hydrocarbons. But this will be easier in countries where seismic activity is low....
...I mean, from the customers you're talking to, are they concerned that China Inc, as it were, has cornered the market for battery materials?...
...“We couldn’t ski, we couldn’t go canoeing, we couldn’t fly to the various places that people like to travel to enjoy nature without hydrocarbons,” he said....
...As the energy majors pull back from hydrocarbons, he sees the opportunity for smaller producers to move in, taking over assets and expanding their lifespan....
...As part of this shift towards lower carbon energies (let’s be clear, hydrocarbons are still making all the cash), Total and peers such as BP have been rushing to make their mark in the renewable power generation...
...The disposal leaves a slimmed-down version of Weir, a historic brand in British engineering, while reducing its exposure to the volatility of hydrocarbon markets....
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