Hints and tips:
...There has been a wave of M&A activity in the oil patch, led by consolidation among large US drillers who almost exclusively are using stock to finance acquisitions....
...The business is likely to become one of the handful of Silicon Valley companies, including Google and Meta, to have revenues of $1bn within a decade of being founded....
...Longyearbyen is walled in by mountains, so it takes especially long for the sun to reach our patch of sky....
...To ring in the new year he hits up Taos Ski Valley, where he will be descending double black diamonds with his grandchildren....
...In a production line, they’re rolling dough, shaping it into fat circles the size of their palms, then dropping the blobs into boiling oil. They stop and squint curiously as they see us....
...My inbox remains open for any and all thoughts on where to eat and drink and how to avoid sunstroke — as well as oil patch gossip: myles.mccormick@ft.com....
...Chesapeake will sell 377,000 acres in the Eagle Ford’s Brazos Valley in its deal with Wildfire, out of the 610,000 it holds in the basin in total....
...As oil prices slid in recent weeks, an aversion to hedging left many players in the US shale patch exposed, as Justin reports this morning....
...The British are coming As he bids for England’s most storied football club, UK tycoon Jim Ratcliffe is considering charting his empire west, including the Texas oil patch, The Wall Street Journal reports...
...I’ll be in and around San Francisco over the next couple of days for a reporting trip if any readers in the valley want to meet up. Get in touch at derek.brower@ft.com Thanks for reading....
...West Virginia senator Joe Manchin said this week he had secured a commitment from Biden and other senior Democrats to push the long-delayed Mountain Valley Pipeline over the finish line....
...stuffed animals, fake oil paintings and suits of armour....
...A comparison of photos taken by oil surveys in Alaska in the 1940s with the same locations today shows alder, willow and dwarf birch flooding into once-sparse valleys and pushing up once-bare hills....
...Rystad says the shale patch will rack up a record-high $12bn hedging loss this year. 2....
...Instead, people are mining bitcoins like a raw commodity, much like Siberia’s other real-world resources, from coal to gold and oil....
...US shale patch bankruptcies hurt its customer base, and Schlumberger sold its North American fracking unit....
...UK prime minister Boris Johnson hopes to patch up bilateral relations with US president Joe Biden during his four-day trip....
...In the valley to our north is Rawlins, a prison town, and just east of there is the hamlet of Sinclair, renamed after its almost 100-year-old refinery....
...The Mountain Valley Pipeline is the only significant project still in the offing....
...At the back, gardens fall away from formal hedged spaces to oak woods folded into a valley. There is a hint of a river nearby. It is late spring and the oaks shimmer with gold....
...Investors gobbled up Silicon Valley’s hottest start-ups The IPO floodgates for Silicon Valley’s long list of privately owned unicorns opened up in 2020....
...The local shaman revealed a way of life which is disappearing as quickly as the oil and gas folk are moving in....
...Job moves Fashion search platform Lyst has appointed Silicon Valley’s Bradley Horowitz as a director....
...It began rolling out a fix to its servers on Friday last week and issued a patch for customers on Monday....
...I follow a sign for the Red Stag Deer and Emu farm and end up buying a jar of moisturising emu oil (for the antioxidants)....
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