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...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....
...A version of this article was first published by Nikkei Asia on November 30 2021. ©2021 Nikkei Inc....
...EY has seen its air travel (which accounts for about 85 per cent of its yearly carbon emissions) fall to practically zero....
...He has held a number of jobs in the oil sector at Statoil, Woodside Petroleum and Royal Dutch Shell....
...The concentrated brine that is produced is then driven west in small trucks to processing plants on Chile’s coast....
...Brent, the international crude benchmark, fell 0.5 per cent to $60.21 a barrel while West Texas Intermediate prices, the US standard, declined 1.9 per cent to $51.16 a barrel....
...However uneven the strategy is in its implementation, the direction of travel is clear....
...When he travels to the west coast, it is with almost no personal items. The new Brooklyn loft he moved into with girlfriend Rachel at the end of last year has been stripped to its essentials....
...Twilight, Romney v Obama....
...The Colonial Pipeline, the main petroleum products line running from Houston to the north-east, is nearly full....
...Such measures might include easing the curbs on travel and remittances to Cuba by Cuban-Americans....
...ICE October Brent rose 64 cents to $73.33 a barrel while Nymex October West Texas Intermediate added 44 cents at $74.48 a barrel....
...inventories were more than enough to cover fuel demand during the peak summer travel season....
...Nymex August West Texas Intermediate rose 53 centsto $72.19 a barrel whileIPE August Brent increased 76 cents to $71.74 a barrel....
...Lower labour costs than those in the west also helped; Burns’ Regent Hotel in Hong Kong opened with 600 rooms and a staff of 1,500....
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