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...PCC UK’s Belgravia office is also the registered address for NIOC International Affairs (London) Ltd, a division of Iran’s US-sanctioned national oil company, which Washington has for years claimed directly...
...for the DoJ’s national security division....
...Oil prices jumped on news of the strikes, but have since eased and Brent crude is now down 0.6 per cent at $86.6....
...No casualties were reported and Iranian state media has downplayed the damage....
...Berenbaum previously served as CFO of National Instruments....
...The notion of a “new Middle East” has often come up in the national security camp’s characterisation of what has transpired following Israel’s attack on the Iranian consulate in Syria at the start of this...
...The seizure of the MSC Aries is the first in waters off Iran since January, when Iranian forces seized the Greek-owned oil tanker St Nikolas in a similar position....
...Oil prices jumped in the immediate aftermath of the attacks before giving up most of their gains as traders bet against further escalation....
...Brent crude, the international oil benchmark, edged down as trading began in Asia....
...The US would work with allies over measures to disrupt “the Iranian regime’s malign and destabilising activity”, she said, while adding that there may be “more to do” on Tehran’s oil trade....
...Iranian forces seized an oil tanker off the coast of Oman as the threat to shipping in the Middle East spilled into one of the world’s most important oil export routes....
...US President Joe Biden was “certainly not looking for a war with Iran”, John Kirby, the US National Security Council spokesperson, said on Monday....
...That has obvious implications for oil,” he said....
...It was taken over in 2012 by Leucadia National Corporation, an oil-to-beef conglomerate, but the merged company since pared back its other investments to focus solely on investment banking work....
...Some of the world’s biggest investors including Norway’s oil fund and a Canadian pension giant have failed in a bid to push Samsung’s de facto holding company to increase dividends and share buybacks....
...producer for $53bn could be disrupted by ExxonMobil and the China National Offshore Oil Corporation Shares of Constellation Energy jumped more than 16 per cent to a record high after the clean energy producer...
...Chevron has warned that its $53bn acquisition of Hess could be thwarted by rival oil groups ExxonMobil and China National Offshore Oil Corporation, which are asserting their right to pre-empt its purchase...
...The government yesterday announced three organisations that have been awarded a combined $14bn from the National Clean Investment Fund, the first such funds awarded under this element of the IRA....
...The China National Offshore Oil Corporation owns 25 per cent, while Hess holds the remaining 30 per cent that would transfer to Chevron if the deal closes....
...Last June, it agreed to sell 4mn tonnes a year of LNG to China National Petroleum Corporation for 27 years, following a similar deal with China’s Sinopec in November 2022....
...More energy industry news: Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation....
...For example, the US could impose sanctions on all of Iran’s oil exports, but that would mean taking millions of barrels of oil off the market, which could raise petrol prices for American drivers....
...Oil futures jumped following the reports before falling back after Tehran appeared to play down the significance of the strikes....
...Exxon holds a 45 per cent stake in the Stabroek Block; the China National Offshore Oil Corporation owns 25 per cent; and Hess holds the remaining 30 per cent, which would transfer to Chevron if the deal...
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