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...Wood Mackenzie added that many companies in the oil and gas industry had low levels of borrowing and would be relatively unaffected by higher rates....
...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,...
...New-energy vehicles, which include pure battery EVs and plug-in hybrids, accounted for more than a third of all new car sales in February....
...As an exercise in creative writing, the forecast is pure poetry: odd, that a project of hard science should now have been enshrined as art....
...Sarasin and its co-filers assert that Equinor must move more quickly away from oil and gas, to protect shareholder value in the face of an accelerating energy transition....
...Under an agreement announced last year, Frontline bought $2.35bn of oil tankers from crude oil shipping group Euronav, in exchange for selling a shareholding in the business to Compagnie Maritime Belge....
...Gunvor co-founder Torbjörn Törnqvist said the picture for oil was “quite” constructive and the market was better balanced than most people forecast two months ago....
...Attorney-general Tarek William Saab on Tuesday said El Aissami and his co-conspirators were involved in an illegal scheme to directly manage shipments of crude in avoidance of US sanctions, without sending...
...Of 17 pure exploration wells since February 2022, there have been 15 confirmed discoveries of commercial quantities of oil or gas. Certainly Chevron has confidence in this outcome....
...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....
...Laura Citarella’s film begins with two men on the trail of a missing woman, botanist Laura (played by Citarella’s co-writer, Laura Paredes)....
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...Last year, GHGSat detected methane equivalent to 0.5bn tonnes of CO₂, double the level it achieved in the previous year....
...This figure accounted for 80 per cent of its financing for “pure play” oil and gas-focused companies....
...Tarek William Saab, Venezuela’s attorney-general, said on Tuesday that El Aissami and his co-conspirators were involved in a scheme to directly manage shipments of crude as a way of avoiding US sanctions...
...“This was a planned, co-ordinated, long-running conspiracy . . . to help Donald Trump get elected through illegal expenditures,” he said. “It was election fraud, pure and simple.”...
...Under the scheme, Trafigura and its co-conspirators agreed to make illicit payments of up to 20 cents per barrel of oil products bought from or sold to Petrobras, and to conceal the bribes via shell companies...
...Unfrosted, inspired by one of Seinfeld’s stand-up routines, is pure fantasy with no pretence of realism, although you might have guessed that from the first line in the trailer: “I believe we have split...
...“It doesn’t take a lot to send oil and gas prices back to $120 or higher.”...
...The expansion project would seek co-operation with — and potentially additional funding from — countries beyond Cern’s 23-nation membership, which comprises 18 EU states, Israel, Norway, Serbia, Switzerland...
...“These oil deliveries constitute a full-frontal assault against the sanctions regime, which is now on the brink of collapse,” said Hugh Griffiths, a former co-ordinator of the UN panel that monitors sanctions...
...So how do synthetic gas producers, using still-scarce green hydrogen and captured CO₂, plan to compete with the cheapest commodity fossil fuel? Alverà said they did not have to....
...On Wednesday, it also published a new 2030 target to cut CO₂ emissions by 25 per cent from 2019 levels, and intends to provide shareholders more information about how it will reach its goal of a 50 per cent...
...executive, has been engaged in a multiyear stand-off with lenders over a loan default that has already cost him his luxury Aspen ranch, his yacht and his shares in Tellurian, the floundering LNG developer he co-founded...
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