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...Last year, Aramco acquired a 10 per cent stake in Shenzhen-listed Rongsheng Petrochemical for $3.6bn and entered a venture with two other Chinese companies to build a 300,000 b/d refinery and petrochemicals...
...Iran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost even as western countries discuss stepping up sanctions in response to its attack on Israel....
...The $3tn to $4tn it will cost each year come in a different macro environment.”...
...a blockbuster IPO....
...elaine.moore@ft.com...
...Moore would tap on the window and watch a herd of sheep, owned by a local farmer, drift towards the sound. They became the subject of a huge body of work, including Sheep Piece (1971-72)....
...The world’s largest commodity traders are investing heavily in data processing and analysis in a race to develop a technological edge over rivals....
...On a route that’s largely single track, and features a few dead ends, a lot of things go bump in the night as we decouple and shunt....
...Infrastructure is a big problem....
...They want to say they’ve seen football’s Mona Lisa in the flesh. This poses a major challenge for those hoping to use these two stars as a springboard for lasting international interest....
...toddlers in a trenchcoat....
...It said China’s oil demand had normalised after a post-Covid spurt and that a mild winter had moderated demand....
...The cuts have crimped production of crude by some 5.3mn barrels a day, or about 5 per cent of global supply....
...The call comes a year after the collapse of a £1.7bn takeover approach for Wood from buyout group Apollo....
...Of course, even with more than 10,000 people cheering, it’s not easy to turn a tech conference into a rousing cultural event. Harder still when you are a chip design company....
...Joining me now is the FT’s Elaine Moore. She’s a technology columnist and the deputy editor of our Lex column. Hey, Elaine. Elaine Moore Hi....
...Simon Case, who as cabinet secretary is responsible for half a million civil servants, and spy chief Richard Moore on Wednesday separately said they resigned from the club after facing criticism for their...
...A key difference is that Moore’s Law is a function of time, but Wright’s Law is a function of activity: the more you make, the cheaper it gets....
...Marc FilippinoElaine Moore is the FT’s deputy Lex editor and a tech columnist. Thanks, Elaine. Elaine Moore Thanks so much....
...I’m reporter Ethan Wu here in New York, joined from London by Elaine “Moore’s Law” Moore. Elaine MooreHi. Ethan WuAnd from New York, Robert “Value This” Armstrong. Robert ArmstrongHola....
...It said China’s oil demand had normalised, after a post-Covid spurt, and that a mild winter had moderated demand....
...The green transition is not a smooth one. EV sales jumped last year, then dipped....
...They were about to move into a major acquisition, very capital intensive, asking for a lot of long-term capital to develop the Xstrata merger,” said Vermersch....
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