Hints and tips:
...The soaring cost of the Trans Mountain project, worsened by supply chain bottlenecks, wildfires along its route and inflation, heightened frustrations among climate activists and fiscal hawks....
...Analysts have also warned that Musk’s business in China could be vulnerable to geopolitical retaliation from Beijing’s security hawks....
...Earlier on Monday, leading China hawk and former Tory leader Sir Iain Duncan Smith told a Westminster press conference he had been impersonated by a “wolf warrior” who had created a false email address to...
...Berkshire did not disclose any new investments in the fourth quarter of 2023, although it increased its holdings in satellite radio operator SiriusXM and in oil majors Chevron and Occidental Petroleum....
...However, Chuck Schumer, the Democratic Senate majority leader and a China hawk, was non-committal after the vote, saying the Senate would “review the legislation when it comes over from the House”....
...“These data will support the hawks” at the ECB, said Tomasz Wieladek, an economist at investor T Rowe Price....
...Lego is fundamentally a product that is petroleum-based. I mean, ABS plastic has a core element of petroleum. Their entire product is based on oil....
...Abel appeared relaxed as he spoke about how the BNSF railroad was performing, how Buffett had approached his investment in Occidental Petroleum, as well as how it was handling litigation over wildfires —...
...BlackRock is set to invest $550mn into the world’s biggest direct air capture project, which is being developed by Occidental Petroleum, in a sign of growing investor confidence in the nascent technology...
...But that argument will not reassure China hawks. They insist that Beijing is using the American ideal of free expression against itself, by gaming the code that decides what content is promoted....
...surge in supply led to gluts in the region surrounding CVR’s two refineries in Coffeyville, Kansas and Wynnewood, Oklahoma, allowing the company to buy crude oil at knockdown local prices and sell refined petroleum...
...with the claims about energy companies, saying “BlackRock clients have more than $170bn invested in American energy companies” and touted last month’s $550mn investment by a BlackRock fund in Occidental Petroleum...
...Typo watch A hawk-eyed reader caught a typo in our Friday interview with JPMorgan Asset Management’s Bob Michele....
...News round-up General Atlantic takes first step towards potential US listing (FT) Cigna pulls out of blockbuster deal to create insurance giant with Humana (FT) Occidental Petroleum agrees $12bn deal...
...Irving Oil, the owner of Canada’s largest petroleum refinery, has launched a strategic review of the private company that could result in a sale or a change in its sprawling energy portfolio....
...Berkshire also added to his positions in Capital One and oil producer Occidental Petroleum....
...Granholm has cheered on Occidental Petroleum’s plans to deploy direct air capture technology, which sucks CO₂ from the atmosphere to be stuffed underground, in the oilfields of west Texas....
...Its 25 per cent stake in Occidental Petroleum means part of the oil company’s profits are reported on Berkshire’s income statement....
...A version of this article was first published by Nikkei Asia on April 27 2023. ©2023 Nikkei Inc. All rights reserved....
...He prefers opportunistic rescue financings or investments in the $5bn to $20bn range, such as with Occidental Petroleum in 2019....
...Temu, the sister app of Chinese ecommerce group Pinduoduo, which hawks Chinese goods, is looking at entering the market after success in the US and launches in Europe....
...Slippy Spider and Deadeye Hawk; the online adversaries identified by CrowdStrike sound like comic book villains....
...Iain Duncan Smith, the former Conservative party leader who is a China hawk, wrote on Twitter that blocking the app from all parliamentary devices was “welcome, a good decision”....
...“Vladimir Putin is also the CEO of Russia Oil Inc and he understands the dynamics of the market very well,” Yergin said....
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