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...The US government has imposed sanctions on companies accused of shipping or trading Russian oil in violation of western rules but is yet to target an individual for involvement....
...UK and US unemployment rates doubled in the 1980s as borrowing costs rose to tackle high inflation triggered by oil price shocks. But this inflationary cycle is seen as taking a different course....
...Texas, the leading US oil-producing state, has declared Climate Action 100+ to be anti-oil and blocked financial companies, including BlackRock, from doing business with the government....
...Claudio Descalzi, chief executive of Eni, said the deal “represents an exciting opportunity for us to bring together complementary portfolios”....
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
...Much of his firepower derives from a humble source: a small oil refining and nitrogen fertiliser company in the US heartland....
...It was taken over in 2012 by Leucadia National Corporation, an oil-to-beef conglomerate, but the merged company pared back its other investments to focus solely on investment banking work....
...The US does not have a specific insider trading prohibition. Rather it relies on anti-fraud statutes based on theories of theft and misuse of information....
...They don't like us. They don't want us there. And they are very quick to put the kibosh on anybody who is selling Lego off-market. The status of BrickLink is very much up in the air....
...The oil and gas industry has begun taking steps to tackle methane emissions, as the US and other nations move to implement financial and other penalties....
...of the US public because of its greenhouse warming effect....
...The sale of DR Horton marked a sudden shift by an investor typically billed as a long-term holder; Berkshire disclosed it had invested in the largest US homebuilder just six months ago....
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...Ethylene is produced from hydrocarbons derived from oil and natural gas and is a feedstock for the most widely used plastic, polyethylene....
...Charif Souki, a pioneer of the US liquefied natural gas industry, will receive a payout of more than $8mn after being ousted from project developer Tellurian as the company struggles to get a costly gas...
...But we remain curious, and this one seems to have gotten some attention, so do let us know off-record if you’ve run across it . . ....
...Senior DoJ officials on Thursday compared the Apple lawsuit with some of the most significant antitrust cases in US history, including challenges against AT&T, Standard Oil and Microsoft, which was accused...
...BYD has slashed the cost of almost every model in its line-up since the start of the year under the slogan “electricity is cheaper than oil”, amid an escalating price war in the world’s largest EV market...
...Other companies like this include ConocoPhilips in the US and Ecopetrol in Colombia....
...Still, US investors can’t escape China’s impact. The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
...Citing his trips to 17 countries last year, Fink wrote global politicians and businesspeople increasingly planned to invest in both oil and gas for energy security and green power for the energy transition...
...Only utilities (a fixed income substitute at a moment of high rates) and energy (beset by low oil prices) have produced disappointing results....
...Shares in Chevron fell 17 per cent last year, compared to a 9 per cent drop for ExxonMobil, its larger US rival....
...“Even though we don’t use coal, we don’t use gas, we still import oil from our friends in Norway,” former finance minister Thórdís Kolbrún Reykfjörd Gylfadóttir told Moral Money....
...Tired of raids by local bandits, the farmers of a poor Mexican village hire a group of gunslingers from across the US border to protect them....
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