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...“We have no [research and development] facilities in China,” Nippon said....
...“We don’t look at that as a true reflection of the market price,” he said of the Hess deal....
...That includes the US, where the Shanghai-listed group has set up a joint venture with Invenergy in Ohio. Longi is also in talks to enter Saudi Arabia through a local partner....
...Longi already has factories in Vietnam and Malaysia, a joint venture with Invenergy in Ohio and sales offices in the US, Australia, Japan, India and the UAE....
...oil company, has been “engaged in discussions” with Exxon and Cnooc — joint owners of the Stabroek Block project — “regarding a right of first refusal provision in the joint operating agreement” for the development...
...“[Guyana] was one of the most successful deepwater developments in the history of the industry....
..., with Exxon arguing it has the right of first refusal over Hess’s stake in the Guyanese development.On Monday, Exxon chief Darren Woods insisted the conflict would not undermine the companies’ ability to...
...The company received $4mn in incentives from an Ohio economic development agency and a 15-year tax abatement on property improvements. “They’ve got pitchforks and T-shirts and posters....
...The $20bn investment has been touted by local government officials as the single biggest economic development project in the history of Ohio....
...“It’s a catalytic project for Pataskala,” said Alexis Fitzsimmons, executive director of Grow Licking County, the local economic development organisation....
...Developers are looking to build sites in growing areas such as the US states of Ohio and Texas, regions of Italy and eastern Europe, Malaysia and India, according to analysts....
...He joins from Distributed Solar Development, where he served as chief operating officer....
...Meanwhile, some Guyanese people who oppose the oil development on environmental grounds have recently enjoyed some success with court challenges....
...The talks come after two large US deals were struck in October with ExxonMobil agreeing to buy Pioneer for $64bn including debt and Chevron striking a $60bn takeover of Hess, also including debt....
...What, then, might these developments do for women in the workplace?...
...The new Chips Act funding will primarily be directed towards development of Intel’s 18A “node”, a reference to its manufacturing process for the smallest and most powerful chips....
...More energy industry news: Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation....
...Permian shale patch production, which has a typically short cycle of development and exploitation, also offers the ability to flex production up and down more easily in response to changes in demand....
...Woods also defended Exxon’s decision to seek arbitration against Chevron over its $53bn deal to buy Hess — an unusual move focused on control of a prized oilfield in Guyana....
...It would mean loading the gun, but not firing it yet: standing up for itself without risking tipping Ohio to Trump. Watch this space for developments....
...The collective market capitalisation of the group — comprising ExxonMobil, Chevron, ConocoPhillips, EOG, Pioneer Natural Resources, Occidental Petroleum, Hess, Devon Energy, Diamondback Energy and Coterra...
...Two investors on Friday withdrew a climate resolution at Exxon after the company sued to block a shareholder vote on it, in a development likely to have a chilling effect on such activism....
...This article has been updated following Chevron’s announcement of a planned acquisition of Hess Corporation...
...JD Vance US Senator, Ohio Vance, 39, is a Yale Law School graduate and venture capitalist who rose to fame as the author of Hillbilly Elegy, his 2016 memoir about his family’s experience of rural poverty...
...Cities along the so-called path of totality include Mazatlan, Mexico; San Antonio, Austin and Dallas, Texas; Indianapolis, Indiana; Cleveland, Ohio; Erie, Pennsylvania and Montreal, Quebec....
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