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...The Biden administration defended the LNG pause this week in a letter to the American Petroleum Institute, a Big Oil lobby group that has campaigned against it, saying the approvals process needed updating...
...About 20 years ago, the US produced about 7mn barrels of petroleum and consumed 21mn a day. Now, the country produces almost 20mn b/d, roughly in line with consumption....
...One of his first big decisions was to walk away from a $50bn-plus takeover battle with rival Occidental Petroleum for Anadarko Petroleum....
...“Since his first day in office, President Biden has targeted our domestic energy producers and actively undermined America’s efforts to be energy independent,” said Republican Speaker of the House Mike Johnson...
...British Prime Minister Rishi Sunak has defended his former boss Boris Johnson over his handling of the pandemic at the Covid inquiry....
...Actually, their petroleum cars, the sales of that is also falling behind....
...(Andrew Edgecliffe-Johnson) How asset managers’ bond buying boosts fossil fuel expansion Twenty of the world’s biggest asset managers bought bonds worth at least $3.5bn over the past 18 months from 40...
...However, the lobbying register for New South Wales in Australia, which has compulsory disclosure rules, shows it works for the Australian Petroleum Production and Exploration Association and BHP, which has...
...Fall was jailed after taking extravagant bribes from private drilling concerns for access to navy petroleum reserves....
...Special thanks to Andrew Edgecliffe-Johnson and Jamie Smyth. Cheryl Brumley is the global head of Audio. Thanks for listening. See you next week. [MUSIC PLAYING]...
...Frank Macchiarola, head of policy for the American Petroleum Institute, the Big Oil lobby group, expressed hope that both parties could still work together on energy, including permitting reform that would...
...“For us, anything that will support the build out of fossil fuel infrastructure is a no go,” Dana Johnson of WeAct, an environmental justice group, told me last week....
...The prices of energy, petrol and petroleum-based agricultural inputs shot up earlier this year when western nations imposed sanctions on Russia after the invasion....
...The New South Wales lobbyist register shows that Crosby Textor Research Strategies — another of Crosby’s businesses — represents clients including the Australian Petroleum Exploration Association and BHP...
...“It really erodes into the profitability of farming and in some cases is actually impacting production,” said Brent Johnson, farmer and president of the Iowa Farm Bureau....
...“You can scare yourself by looking at what the demand is really going to be on this workforce,” said Anthony Johnson, head of the industrial business unit at Clayco....
...But other roles, including earning £1.3mn as a consultant to Gulf Keystone Petroleum, have raised eyebrows....
...Biden’s economic policies have been executed as a 21st century cross between Franklin Delano Roosevelt’s New Deal and Lyndon Johnson’s safety net expansion, under the assumption that Americans were ready...
...“People don’t seem to understand this is a long way from being like Saudi Arabia,” said Peter Cameron, director of the Centre for Energy, Petroleum and Mineral Law and Policy at Dundee University....
...Prime Minister Boris Johnson lambasted the policy fudges that have increased dependence on foreign sources as recently as April....
...I was struck while working in London in recent weeks by how utterly unprepared the UK seems to be — especially the two candidates vying to replace Boris Johnson as prime minister....
...The US release comes as western countries tighten sanctions on Russia, the world’s largest petroleum exporter....
...Some are concerned that the plan is too aggressive and will push business costs up, especially for the country’s top industries such as petroleum refining and electronic manufacturing — and eventually for...
...Melby’s anger stems from a conspiracy theory involving the recent release of US oil from its strategic petroleum reserve....
...Go deeper Soaring energy prices are reviving the US shale oil industry and yesterday Whiting Petroleum and Oasis Petroleum, two US shale oil producers, agreed a $6bn merger....
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