Hints and tips:
...The US Energy Information Administration forecasts that domestic gas production will reach a new high of 104bn cubic feet a day next year, while its long-term projections call for continued growth....
...The decarbonisation vs deglobalisation debate rages on The Biden administration’s guidance pleased few folks....
...People familiar with the matter said the gap between senior officials in Joe Biden’s administration and aides to the Republican Speaker of the House Kevin McCarthy had begun to narrow....
...The first was his choice on who would succeed him as manager of the Magellan fund when he took over as CEO and chair in 1977....
...Working storage capacity has increased by more than half in the past decade to 76m barrels, according to the Energy Information Administration....
...These funds included Aberdeen Emerging Markets, Magellan and Comgest Growth EM among many others....
...And DD’s Arash Massoudi argues here that pushback on deals in Europe (remember Alstom/Siemens from earlier in February) stands in contrast to the US where big business is getting its way from the Trump administration...
...About 40 per cent of the assets are managed internally by LPP, while a trio of fund houses — MFS, Robeco and Magellan — run the remaining 60 per cent....
...“The overall message that Donald Trump has been saying in Colorado is that your life could be better economically under a Trump administration....
...He was a lawyer, an investment banker and entrepreneur before he entered politics,” said Hamish Douglass, chief executive of Magellan Financial and a former business associate of Mr Turnbull....
...It would be nice to have this corroborated from the main providers who are Enbridge, Plains and Magellan. Related links: It’s all about Cushing – FT Alphaville...
...The Energy Information Administration’s weekly data show US crude production rising to 9.42m barrels per day this month....
...The Obama administration has launched a review of the policy and is looking at whether US refineries can absorb rising supplies....
...And, last October, its ships made their first voyage through the Strait of Magellan at the southern tip of South America....
...Magellan Midstream Partners plans to open a 225,000 b/d crude oil pipeline to run from west Texas to the Gulf Coast, helping producers circumvent Cushing....
...“In addition to its immediate goals, the programme was purposely designed to outlast any single government administration,” said Roberto Barría, the project’s director....
...Magellan Residential, a small Yorkshire-based housebuilder, on Tuesday announced it had been placed into administration....
...US crude stocks rose 1.8m barrels last week, according to the Energy Information Administration, confounding the consensus market forecast for a decline of 2.4m barrels....
...In the past few years, the group’s revenue mix has shifted, with more than half now coming from the low-margin but fast-growing business of processing, administration and fund custody....
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