Hints and tips:
...It was a prescient decision. Soon after, the pandemic struck, oil prices collapsed and a debt-laden Occidental was plunged into crisis....
...b/d and 600,000 b/d, according to one person at the dinner....
...“As a company, we’d always tried to minimise our impact by casting in reclaimed metals, using alternatives to chemicals, and minimising waste, so we thought that qualifying [as a B Corp] would be a cakewalk...
...Is carbon capture a help or a hindrance? From my point of view, it's a little bit of column A and a little bit of column B....
...European refiners have a chance to meet this demand. Wood Mackenzie says that with the opening of this arbitrage window, gasoline shipments across the Atlantic could increase by 500,000 b/d....
...The kingdom has already announced plans to boost its output capabilities to 13m barrels a day from 12m b/d....
...Capacity already exceeded demand in 2019, and another 1.7m b/d, from Nigeria to Kuwait, is due on line this year. Demand, though, is down by 9m b/d....
...US shale output could fall more than 2m b/d next year, Mr Abramov added....
...He predicted Exxon’s volume from the basin was on its way to 1m b/d by 2024....
...The legal structure of a B-corporation attempts to bolster these frameworks against future assault from takeovers or a change in leadership....
...Both Sudan and South Sudan are members of the Opec+ group, and under its limits for the first half of this year, Sudan can produce 72,000 b/d of crude, compared to South Sudan’s 129,000 b/d....
...That would represent a sharp slowdown from growth of 1.8m b/d over the previous 12 months....
...Bob McNally of Rapidan Energy told Herman Wang of S&P Global Platts that “we think there is well below 1.5m b/d [of spare capacity] today”....
...The barrels handled by Nayara are just a portion of the 4.5m b/d India consumes....
...Emboldened by his success in ramping up crude production from about 200,000 barrels a day to just over 1m b/d, his target is to increase output to 2m b/d with a $60bn five-year investment plan....
...India has sought to expand its refining capacity by two-thirds to almost 9m b/d by 2030....
...And last month, Syngenta Ventures led a $12m series B funding round in Asilomar Bio, which uses chemistry to improve crop yields....
...It drives growth and attracts a wealth of global corporations, investors and charities....
...An operator with 100 wells each producing 1,000 b/d of water could spend as much as $100,000 on disposals....
...B&Q, the UK DIY chain, is promoting its Streetclub website, which helps users to find, say, a ladder to borrow rather than buy one....
...Militias and striking workers have combined to close a series of export terminals and oilfields, cutting output from 1.4m barrels a day at the start of the year, to less than 200,000 b/d today, according...
...level of 450,000 b/d....
...Bed sheets were cheap; I’d buy a bunch of them. I’d go to the hardware store and buy house paint. You’d paint three or four layers on the bed sheets so they got really hard....
...Simon Henry, its chief financial officer, said earlier this month that production could rise to more than 1m b/d, but pointed out that a previous expansion plan had been halted 18 months ago....
...As a result, production targets keep slipping. Initial forecasts of 900,000 b/d by 2020 have been scaled back to 270,000 b/d....
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