Hints and tips:
...Oil producers hedge prices in futures and other derivatives markets to guard against price drops and ensure they have cash to fund drilling, debt payments and other expenses....
...The UK Labour party has vowed a tougher stance on new oil and gas drilling if it wins power in elections next year, as polls suggest it would. Rivals such as Harbour are looking to diversify abroad....
...That cash flow is being ploughed into both drilling and carbon capture technology, including CO₂ sequestration facilities, transport pipelines and storage concentrated along the Gulf of Mexico coast....
...“Customers deserve a competitive airline marketplace and we will pursue this merger to ensure they get it,” said Robin Hayes, JetBlue chief executive....
...Despite soaring oil and gas prices, it seems energy companies are not drilling....
...Manuel Hayes, senior credit portfolio manager at Insight Investment, said using ETFs can help shrink the cost of buying high-yield corporate bonds from roughly 60-80 basis points to 15bp or 20bp....
...Shale groups funnelled unprecedented amounts of cash back to shareholders in the forms of dividends and stock buybacks in 2022, responding to Wall Street demands after a decade of debt-fuelled drilling binges...
...Oil people like cash well enough — but they really like drilling wells....
...JetBlue chief executive Robin Hayes said the merged carrier could be a solution to the lack of competition in the US airline industry and the dominance of the Big Four....
...The EU’s €3bn investment in low carbon hydrogen projects was “the latest in a raft of measures aimed at supporting the scaling of low carbon hydrogen markets”, said Alan Hayes, head of energy transition...
...But I mean, I think I was particularly looking at it when the drilling for North Sea oil and gas came up because that can’t possibly, given his well-known environmental concerns, be something that he would...
...A version of this article was first published by Nikkei Asia on August 9 2022. ©2022 Nikkei Inc....
...Analysts said the move could free Continental to do what public producers have for months been told by Wall Street not to: fire up drilling rigs to capitalise on a surge in oil prices to well above $100...
...The drilling programme could last until 2026 with the necessary regulatory approvals, the company said....
...Cost inflation stemming from supply chain and labour constraints are also deterring companies from more drilling....
...While the 2020 oil crash hit Occidental hard, forcing it to cut its dividend and rein in drilling plans, it has been one of the stars of the recovery, as months of capital discipline and rising oil prices...
...But even if a fund is heavy on tech, it’s still worth drilling down to see what sort of tech companies it holds. Take Liontrust Sustainable Future Global Growth, a UK-domiciled fund....
...Mining’s digital drill-downA group of investors is drilling digital disruption into the $1.6tn global mining industry....
...Chesapeake grew famous more than a decade ago as it spearheaded the shale revolution, amassing a huge drilling position through debt-fuelled acquisitions that for a while made the company the second-biggest...
...“We have advocated for industry consolidation as there are too many undersized and irrelevant companies drilling shale wells,” said Mark Viviano, head of public equities at Kimmeridge, which has built up...
...Biden officials said there was nothing stopping drillers from drilling. Both agreed on another guilty party: Wall Street....
...“These are the solutions proposed by people who are operating from a position of total ignorance,” “Hayes said....
Pipeline company bets on strong North American energy supplies despite drilling pullback
...Better known in the US for its petrol stations, offshore drilling and the Deepwater Horizon oil spill, BP last year pledged to begin reducing crude production, cutting emissions — including rampant flaring...
...Food retailers, such as Hanson Li, co-founder of Lazy Susan, a delivery-only Chinese restaurant in Hayes Valley, an affluent neighbourhood of San Francisco, have been working with Uber Eats for some time...
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