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Executives discussed potential shift in 2021 in effort to close group’s valuation gap with US rivals
...Additional reporting by Tom Wilson in London...
Chief executive Wael Sawan says company remains ‘committed’ to its fossil fuel divisions
...(Derek Brower and Tom Wilson) Opinion: Why Saudi Arabia is struggling with the oil market Adi Imsirovic is a director of consultancy Surrey Clean Energy On June 5, Saudi Arabia, the de facto leader of...
...This is neatly illustrated in Tom Bower’s 2006 biography of the disgraced former media baron Conrad Black and his wife Barbara Amiel when an observer quips, “I don’t understand why Conrad wants to be the...
...Changing that within nine years is a very difficult thing to do,” said Tom Moerenhout, one of the authors of the report....
...(Derek Brower) Is commercial nuclear fusion power on the horizon?...
Investors divided on new chief executive’s push to narrow distance from Exxon and Chevron while pursuing transition
Saudi-led reduction of more than 1mn barrels per day puts Riyadh on collision course with US
...Tom Vilsack, the US secretary of agriculture, said the IRA tax credits would help the industry overcome that investment roadblock, although price parity with jet fuel would not be achieved soon....
...But as my colleagues Tom Wilson and David Sheppard showed a few weeks ago, that conclusion is not obvious....
Oil supermajor should not be a ‘pioneer’ on a ‘controversial issue,’ internal memo says
Few expected the supermajors to help drive decarbonisation. But this week, the market showed it will not force them to
...My colleague Tom Wilson, who had the scoop, breaks down what it means here for Energy Source readers....
...Shell reported profits of almost $39.9bn this morning — the highest in its 115-year history, as Tom Wilson explains....
Supermajor says Brussels exceeded legal authority by imposing levy set to raise up to €25bn
...Derek, Tom and Anjli have a big scoop today: In 2021 Shell considered ditching Europe and shifting its listing and headquarters to the US....
...Tom Jensen, chief executive of Freyr, a Norwegian battery producer that committed to building a new plant in the US after the IRA passed, said the EU “should think about replicating the [IRA]”....
...Executives have been sent out to defend the move: the head of its low-carbon business told my colleague Tom there was “absolutely no link” between the decision and lower renewable returns....
...suggests the market “is confident that should another cold snap materialise over the coming few months, there is enough gas in storage and flows in liquefied natural gas to get us through this winter”, said Tom...
Recent fall in wholesale prices has forced reassessment of price Britain is willing to pay
...Tom Jensen, chief executive of Freyr, a Norwegian battery company that announced a planned $2.6bn battery factory in Georgia in November, said Europe should implement its own subsidies package if it wanted...
...Derek Brower and Tom Wilson’s Big Read “Big Oil: still profits before planet” (February 11) reports on the reticence Big Oil is experiencing in transitioning from fossil fuels to renewables....
Higher levies on oil majors boasting record profits are a hit with voters, but they are not a guaranteed revenue raiser
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