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...According to his LinkedIn profile, he previously worked in government affairs for Cheniere Energy and as a senior adviser to the chief of executive of Tellurian Inc, two companies which pioneered the development...
...Ithaca Energy has agreed a deal to acquire almost all of Eni’s UK oil and gasfields in a transaction worth about £750mn that will turn the London-listed company into one of the North Sea’s largest producers...
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
...The deal would make Ithaca one of the biggest independent oil producers in the North Sea and could spur further consolidation, as companies seek scale to fund investment and the cost of decommissioning legacy...
...Much of his firepower derives from a humble source: a small oil refining and nitrogen fertiliser company in the US heartland....
...Samii had moved to Pittsburgh to work for a self-driving car company, Argo.ai, a start-up funded by Ford and Volkswagen....
...It was taken over in 2012 by Leucadia National Corporation, an oil-to-beef conglomerate, but the merged company pared back its other investments to focus solely on investment banking work....
...If there is a wave of oil mergers, should wildcatters be kept from buying natural gas drillers? Panuwat struggled to explain the unusual coincidence about the timing of his trade....
...The chief executive of Ithaca Energy has quit the North Sea oil and gas producer, exiting as the group tries to rebound from a lacklustre first year as a public company....
...McDonald’s chief executive Chris Kempczinski said on Monday that he expected same-store sales growth to return to a historical average of 3 per cent and 4 per cent in 2024, down from an increase of 9 per...
...A version of this article was first published by Nikkei Asia on March 11. ©2024 Nikkei Inc. All rights reserved....
...At the COP28 climate conference in December, companies representing about a third of global oil and gas production including ExxonMobil, TotalEnergies, BP and Shell pledged to stop routine flaring of excess...
...McDonald’s is worth more than $200bn. Gap? $4bn. Gap Inc is currently in crisis. Its brands — Old Navy, Gap, Athleta and Banana Republic — face weak or falling sales and the business is lossmaking....
...Earlier this year the state of California sued several of the world’s biggest oil companies, including ExxonMobil, Shell and BP, claiming they had misled consumers by suppressing information about the adverse...
...Their entire product is based on oil. I don't see a way that they can truly reduce without offsetting. One of the analyses I used as an example was Xbox versus Lego....
...Berkshire did not disclose any new investments in the fourth quarter of 2023, although it increased its holdings in satellite radio operator SiriusXM and in oil majors Chevron and Occidental Petroleum....
...“The knowledge that [the European companies] needed to sign up for [long-term LNG contracts] has come through,” Grindal said....
...One nine-second clip, for example, features an empty McDonald’s restaurant, supposedly after all the employees had quit en masse....
...The second, on oil and gas producers, unsurprisingly finds that companies in the sector are “severely misaligned”, with an average implied temperature rise of 4.2 degrees....
...Corporate results: Updates are expected from British tobacco company Imperial Brands and telco Vodafone....
...BYD has slashed the cost of almost every model in its line-up since the start of the year under the slogan “electricity is cheaper than oil”, amid an escalating price war in the world’s largest EV market...
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...BYD has slashed prices of almost every model in its line-up since the start of the year under the slogan “electricity is cheaper than oil”, followed by its competitors including Geely and SAIC-GM-Wuling,...
...But just seven months later the second-largest western oil company is going through a rocky patch because of operational problems and an all-stock mega-deal, the FT reports....
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