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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...
..., the FTSE 100 oil major said in a statement on Thursday....
...The company declined to comment on the profit figure, which dwarfed its biggest competitors and was larger than some of the world’s biggest oil producers, including Italy’s Eni....
...An oil price range of $80 to $100 per barrel “feels like a sensible range”, the chief executive of Dutch oil trading company Vitol told the FT’s Commodities Summit on Tuesday, as global oil prices traded...
...Shareholders of Hess should abstain from voting on its $53bn takeover by Chevron, proxy adviser Institutional Shareholder Services has recommended in a potential blow to the US oil companies’ efforts to...
...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....
...But for Canada’s oil companies, it means diversifying sales that have long been yoked to refineries in US Midwest and Gulf Coast states....
...Among companies taking advantage is London-based oil supply company Prax Group, which in December agreed to buy a 37.5 per cent stake in the PCK refinery in Schwedt, north-east Germany, from Shell....
...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...
...Leigh-Ann Russell, head of the technology function, is leaving for an external opportunity, BP said....
...He deftly captures the hypocrisy of the venture when assessing the directors of the 17th-century Dutch trading company that oversaw it in its early years....
...The company pushed back its forecast for peak oil demand “by a few years to the early 2030s”, said Hardy, because of slowing adoption of electric vehicles and the expectation that demand from some emerging...
...In total, the indexing bits of the three companies generated revenues of $6.5bn last year, broken down this way: NB, those figures are for LSEG’s investment solutions business, which houses FTSE Russell...
...Those who dislike the oil and gas companies, rather than demonising them, should instead focus on cutting demand for their products. If demand falls, then supply will take care of itself....
...Leigh-Ann Russell, chief technology and innovation officer of BP, will leave the oil major after 18 years to take an external job. Russell will be replaced by Emeka Emembolu....
...At the time, we were waiting for Domino’s proxy for 2022, which would show how newly-elevated chief executive Russell Weiner’s consumption habits compared with those of his predecessor, Ritch Allison....
...Much of his firepower derives from a humble source: a small oil refining and nitrogen fertiliser company in the US heartland....
...They were really led by YPF, the majority state-owned oil company, which Milei said on Monday that he would privatise when possible. Its shares jumped to 32 per cent....
...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....
...“We’ve tried very hard over the past few years to re-engineer some of those processes and policies,” said Russell Hardy, chief executive officer of Vitol, the world’s largest independent oil trader....
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