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...At least a dozen petrochemical facilities are expected to come online in that time period, a third of which will be located in China, according to S&P Global Commodity Insights....
...Petrol and diesel prices are back on the rise amid tightness in the oil market and constrained refining capacity....
...In the first half of the year the company sold 1.15mn vehicles in China, or more than one-third of total sales of plug-in hybrids and battery vehicles, according to data from Automobility, a Shanghai consultancy...
...And, for what it’s worth, $75.71bn/$145.1 gives a total share count of 521,778,084, which is barely a per cent off the total we estimated earlier based on the term sheet given to Kendall. GET IN....
...The company has committed to building a new hydrogen production facility in a major refining and petrochemical hub outside Houston, Texas....
...China is home to more than half of the world’s lithium, cobalt and graphite refining capacity....
...A modest proposal for Goldman Goldman Sachs partners are meeting in Florida this week after a difficult stretch, with 3,000 lay-offs, falling profits and a big strategy U-turn by chief executive David Solomon...
...The Yamaguchi refinery, accounting for more than a tenth of Idemitsu’s total refining capacity, will stop making hydrocarbon fuels by the end of March 2024....
...Revenues are earned through a mix of late fees, late interest charges and fees to merchants....
...Total, and BP....
...Jeff Gunnulfsen, senior director of security and risk management at American Fuel & Petrochemical Manufacturers, a refinery trade group, said 3.5m b/d of refining capacity was in Laura’s path....
...It is also the majority owner of Zhejiang Petrochemical, a vast complex that was built in 2019 and combines refining and petrochemicals....
...Refineries with a total capacity of 2.2m barrels per day of oil were closing plants or reducing volumes in advance of the storm, according to S&P Global Platts Analytics — about a quarter of the refining...
...Suggests that perhaps the share price of S&U shouldn’t be drifting as low as it has. For Provident itself, it’s a positive among a world of pain and the recovery could be slow and drawn out....
...For instance, here’s Tinder’s total subscriber numbers through to 2019’s third quarter (in thousands): In our view, a conservative estimate of the percentage of new relationships that begin online in 2019...
...have grown an est 10% undergoing a total overhaul of mgmt and creative direction....
...The sector was struggling before the crisis, with overcapacity driving weak gas prices, refining margins and petrochemical margins....
...Investors receive a yield of around 6.3 per cent for Royal Dutch Shell and 4.9 per cent for ExxonMobil, according to S&P Global data....
...This is why Sultan Al Jaber, head of the Abu Dhabi National Oil Company (Adnoc) that operates Ruwais, is spending $45bn to expand the country’s refining and petrochemical capabilities....
...The U.S. government assumes that a pandemic will last 18 months or longer and could include multiple waves of illness....
...In our recent Breakeven Reboot report we argued that while Shell’s rating (S&P: AA-) is a key strength, its relatively high gearing, high demand-led exposure (gas, refining, petchems) and previously elevated...
...However we think that could never be a large enough contributor to total NPV....
...U.S. oil production growth, the boogeyman scotching previous upturns, may at last be under control....
...A total of a dozen transactions greater than $100m in value were announced over the 24-hour period, adding to the record clip of dealmaking in 2018, which now sits at $1.7tn, beating the pace of pre-financial...
...(refining, marketing, and petrochemicals) provide a steady source of free cash flow, and true dividends are now in place,” it told clients...
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