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...“TSMC will slice those contracts very thinly for the sake of saving cost,” says Charles Lee, co-chief executive at Topco, a Taiwanese company which manages certain chemicals and parts supplies for TSMC....
...Biden’s calls for more drilling....
...“This restrictive offshore leasing programme is the latest tactic in a co-ordinated strategy to reduce energy production,” said Mike Sommers, chief executive of the American Petroleum Institute, an industry...
...“There is no way the US rig count grows after the recent wave of consolidation by Exxon, Chevron, Diamondback and Occidental,” said Conrad Gibbins, co-head of the upstream Americas business at Jefferies....
...On the agenda are US concerns about unfair Chinese economic practices as well as potential areas for co-operation such as climate change and debt relief for low-income countries....
...The price of Brent crude has surged more than 25 per cent to $95 a barrel since June following co-ordinated cuts in production by Saudi Arabia and Russia....
...In the US, lands leased for oil and gas can also be used for geothermal drilling without having to apply for new permits....
...Like its EU equivalent, the UK emissions trading scheme, launched after Brexit in 2021, puts a price on emitting a tonne of CO₂....
...The potential tie-up comes as a wave of merger and acquisition activity sweeps across the US oil and gas sector as companies look to build scale and bulk up on dwindling prime drilling acreage....
...Gone were the days of debt-fuelled drilling binges and in their place was a focus on shareholder returns....
...Now, as drilling inventory dwindles, a new wave of mergers is under way in the shale patch. Companies prefer acquiring new acreage through M&A rather than undertaking expensive drilling....
...Spirit was already under scrutiny for having improperly installed two fittings on 737 Max fuselages and drilling other holes wrongly....
...“The most successful way is co-ordination.”...
...The book is partly an analysis of the political responses looming for governments that keep approving oil drilling or coal mining despite pledging to cut emissions, and a climate movement splitting into...
...After years of profligate spending, Wall Street has insisted companies ditch costly drilling ventures and instead return cash to shareholders....
...drilling sites....
...Microsoft co-founder Bill Gates has long been a fan of the technology, and is a founding investor in nuclear engineering firm TerraPower....
...Bank of America has come under fire from environmentalists for changing its tune on Arctic drilling and coal power plants....
...“We have got to be able to take more water out of the reservoir, and so there are plans to pull more water out with some additional drilling and surface equipment . . ....
...Exxon pointed to Pioneer acreage in the eastern portion of the Permian Basin that abutted its own, enabling it to wring efficiencies from its drilling programme, including horizontal wells that extend as...
...While the US Inflation Reduction Act marks a major step forward, the surge in oil drilling permits under President Joe Biden — surpassing those of his predecessor — is worrying....
...All these have CO₂ reduction targets,” she said. “We cannot be resigned to results already achieved because no matter how good they are, they will need to be improved.”...
...And let’s not forget: many appraisals of the synthetic alternatives to leather conveniently sidestep the environmental toll of drilling and refining....
...Unilever added it would continue to co-operate with the CMA....
...As with most cosmetic procedures, Parisians will have to wait for the drilling and discomfort to subside to feel the benefit of intervention....
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