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...A CO₂ storage adviser to BP and a director for CO₂ storage at the Norwegian Petroleum Directorate also contributed to the report....
...The company submitted its plan to the UK Office for Nuclear Regulation two years ago....
...Other companies: Eli Lilly, Coca-Cola, McDonald’s, PayPal, Marathon Petroleum, 3M, GE Healthcare, Archer Daniels Midland, Restaurant Brands and Molson Coors report earnings before the bell....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...ESG in executive pay: Beyond the ‘fluff’ In 2018, Marathon Petroleum agreed to pay a $335,000 fine for a diesel spill that leaked into a river on the border between Indiana and Illinois....
...Elliott ran a similar campaign against Marathon Petroleum in 2019, which led to the replacement of the chief executive and the spin-off of its Speedway retail operation....
...Read more on Occidental Petroleum here...
...McKesson and Occidental Petroleum report results after the market closes....
...Browne later accepted that, in suggesting BP was beyond petroleum, he had “pushed too far”....
...The plan had originally envisaged ¥25bn of operating profits by December 2023, but the company in fact made ¥54bn....
...Occidental Petroleum has agreed to acquire CrownRock, one of the most sought-after US private shale oil producers, in a deal valued at about $12bn, including debt....
...“Mining companies are playing a constant game of chicken with each other,” said Larisa Yarovaya, associate professor of finance at the University of Southampton....
...Neither company responded to requests for comment....
...Global energy markets have changed and grown dramatically since the creation of the Strategic Petroleum Reserve (SPR) nearly 50 years ago....
...Only the wealthiest nations and companies can afford such risk. And even then, western oil companies, such as Shell and BP, have withdrawn from the region after investing billions of dollars....
...In evidence provided to the UK High Court last year, Shard Capital set out how Tennor instructed it to transfer $18mn from the client account of Sequa Petroleum to its own account in December 2019....
...ExxonMobil, Occidental Petroleum and Diamondback Energy are among the companies named in at least 10 class actions alleging they conspired to co-ordinate and constrain shale oil production, which had the...
...The Nifty 50 index of the country’s largest listed companies added 0.5 per cent, with Coal India and Bharat Petroleum leading gains as they rose 3.8 per cent and 3.2 per cent, respectively....
...Chord was formed by the merger of Oasis Petroleum and Whiting Petroleum two years ago....
...Japanese equities are also in demand, with the $6.8bn of net buying in April the second highest monthly reading since the start of 2023 — even as the Bank of Japan has ended its marathon 14-year ETF buying...
...He was appointed to the leadership team as head of oil and petroleum products in 2007....
...Corporate results: Chinese tech company Meituan, Zijin Mining Group, property developer Longfor and China Petroleum and Chemical (Sinopec) announce results....
...The lawsuit from the American Petroleum Institute, a lobby group, accused the US government of using “every tool at its disposal” to restrict access to resources in federal waters....
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