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...Last year, Bluebell called on BP to increase its production target to 2.5mn b/d of oil equivalent by 2030, arguing that it was destroying shareholder value by moving away from hydrocarbons faster than society...
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
...As always, email me at scott.chipolina@ft.com....
...The fact that this kind of talk is now normal on the right, and that Ramaswamy did not seem remotely offended, is a) a measure of the times, and b) of Ramaswamy’s ambition....
...Countries with junk ratings, such as single B, may continue to find it almost impossible to access borrowing this year, say investors, leaving them unable to refinance looming maturities except at risky...
...Its sovereign debt is trading at levels that suggest the market expects downgrades from its triple B investment-grade rating....
...This summer, L’Oréal’s venture capital arm Bold invested in the start-up Debut, which specialises in “cell-free” ingredient manufacturing, leading a $34mn series-B round of funding....
...Long before that, medical papyri show that the ancient Egyptians were working on an elixir of eternal youth (mummification was merely Plan B)....
...Marquis — whose previous book on B Corps argued for the transformative power of purpose-driven companies — suggests we could be ripe for a paradigm shift....
...Benjamin stayed on EWI for a cover of rapper Travis Scott’s “Antidote”, a rare foray into contemporary climes featuring dense organ voicings and sparse, atmospheric drums....
...Eyman is a veteran film critic whose previous biographical subjects include Mary Pickford, John Ford and Cecil B DeMille....
...15mn b/d within five years....
...Despite that, oil production has continued to fall and hit lows of 1.5mn barrels a day in 2022, down from more than 2.1mn b/d in 2016....
...“The important thing is to make sure you’re not greenwashing and that you have the data to back up the statements being made,” advises Scott Offer, general counsel at Flex, a US diversified manufacturing...
...US oil production rocketed from about 5mn barrels a day in 2008 to 13mn b/d this year....
...In total, the group will now produce almost 6mn b/d less than it could in the first quarter of 2024....
...“Infrastructure is the asset class that is going to capture most of the fundraising for the energy transition,” said Alex Murray, a researcher at Preqin....
...“It effectively creates a big network effect,” says Carbonplace CEO Scott Eaton....
...At new wells in the Permian, average oil production per drilling rig has increased to 1,319 b/d. A decade ago the figure was about 183 b/d....
...“This COP is even more of a trade show than we saw in Glasgow and Sharm el-Sheikh [in 2021 and 2022],” said Alex Scott, climate diplomacy and geopolitics lead at the climate-focused think-tank E3G....
...British American Tobacco has named former Perrigo chief executive Murray Kessler as a non-executive director....
...Travis Scott turns up on bombastic double-header “Say My Grace”. Future, the Atlanta pioneer of rap melodicism, features on fast-paced trap number “Broad Day”....
...In essence, imagine if you could see physical dollar bills flying out of Building A and making their way into Building B....
...The Permian produces about 5.8mn barrels of oil a day, out of about 13mn b/d in total US oil production....
...Dara took her turn on the catwalk just before actor Kristin Scott Thomas. “I know I’ve got this for real,” she said. “It’s like, that’s possible, why not? Why can’t I?”...
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