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...The $3tn to $4tn it will cost each year come in a different macro environment.”...
...Last year, Aramco acquired a 10 per cent stake in Shenzhen-listed Rongsheng Petrochemical for $3.6bn and entered a venture with two other Chinese companies to build a 300,000 b/d refinery and petrochemicals...
...a blockbuster IPO....
...elaine.moore@ft.com...
...“I think ultimately, the world needs energy and we’re energy traders, so if you don’t move this stuff, you know the world doesn’t work.”...
...If you don’t like dressing for dinner, or having card tricks performed in your face while eating it, this may not be the trip for you....
...Moore would tap on the window and watch a herd of sheep, owned by a local farmer, drift towards the sound. They became the subject of a huge body of work, including Sheep Piece (1971-72)....
...Infrastructure is a big problem....
...We haven’t this year. So if you believe that we are going to draw by 2.5mn b/d [in the summer] you need some form of resupply to fill that gap,” she said....
...I’m reporter Ethan Wu here in New York, joined from London by Elaine “Moore’s Law” Moore. Elaine MooreHi. Ethan WuAnd from New York, Robert “Value This” Armstrong. Robert ArmstrongHola....
...toddlers in a trenchcoat....
...Marc FilippinoElaine Moore is the FT’s deputy Lex editor and a tech columnist. Thanks, Elaine. Elaine Moore Thanks so much....
...If you’re a purist then the idea of cryptocurrencies, of bitcoin, of blockchain is that you don’t need to have institutions....
...The fact is that we don’t have a capital need. So what would be the driver at the end of the day?” he added, at the FT’s Commodities Summit in Lausanne....
...The cuts have crimped production of crude by some 5.3mn barrels a day, or about 5 per cent of global supply....
...“Don’t confuse a stock market fad with real money” was one eye-catching comment under our article about Arm. It is true that a sales increase of 14 per cent in the last quarter is not record-breaking....
...The call comes a year after the collapse of a £1.7bn takeover approach for Wood from buyout group Apollo....
...Of course, even with more than 10,000 people cheering, it’s not easy to turn a tech conference into a rousing cultural event. Harder still when you are a chip design company....
...Simon Case, who as cabinet secretary is responsible for half a million civil servants, and spy chief Richard Moore on Wednesday separately said they resigned from the club after facing criticism for their...
...Regular overhead air traffic wouldn’t normally enhance a walk through a biosphere reserve, but whenever an incoming or outbound plane glints across the brilliant blue sky, it puts a spring in my step....
...person that still hasn’t come to a conclusion yet....
...It said China’s oil demand had normalised, after a post-Covid spurt, and that a mild winter had moderated demand....
...Iran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost even as western countries discuss stepping up sanctions in response to its attack on Israel....
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