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...Is Napa Valley quantitatively important to California wine? Absolutely not. The volume of wine it produces is just four per cent of the total. But in terms of image and prestige, it is vital....
...Ithaca Energy has agreed a deal to acquire almost all of Eni’s UK oil and gasfields in a transaction worth about £750mn that will turn the London-listed company into one of the North Sea’s largest producers...
...“Continuing regulatory challenges” in California will contribute to a non-cash charge of $3.5bn to $4bn, the oil company said, reflecting a write down in the value of its US upstream oil and gas assets,...
...This offers advantages over used cooking oil — a more established method of making sustainable aviation fuel but the supply of which can be unreliable....
...The vessel was owned until November by UK-based Union Maritime. The Houthis have a policy of attacking ships with links to Israel, the UK and US....
...Europe’s refineries have been in long-term decline, as major oil companies shut plants to try to meet net zero emissions targets and face the threat of electric vehicles....
...Some of the world’s biggest investors including Norway’s oil fund and a Canadian pension giant have failed in a bid to push Samsung’s de facto holding company to increase dividends and share buybacks....
...While expanding oil and gas markets is an unequivocal reason of state for Putin, it is not in Washington....
...of the Montreal-based company....
...“Continuing regulatory challenges” would contribute to a non-cash charge of $3.5bn-$4bn, the oil company said, reflecting a writedown in the value of its US upstream oil and gas assets, primarily in California...
...For example, under these rules, an oil refiner and a car salesroom would share the emissions from the combustion engine of their ultimate client driving to work....
...Local 154 trade union in Pittsburgh....
...The Carmel Beach Hotel, operated by Mirabel, the hotel-restaurant company owned by local David Fink, has taken over Colonial Terrace at the corner of 13th and San Antonio (a serendipitous location: San Antonio...
...One burning issue is about what exactly it means for a company — and in particular, an oil and gas company — to say that its strategy is aligned with the goals of the Paris agreement....
...A string of big home insurers have halted new business in California, for example, in response to a surge in extreme weather losses....
...In two years, YPF went from an employment of 60,000 to 6,000 with labour union and government agreement....
...The midsized Portuguese oil company — now worth $15bn — has a good problem. It has discovered billions of barrels of oil offshore of Namibia. That is a lot....
...Chevron has said it would record a fourth-quarter impairment loss of up to $4bn due to regulatory challenges in California and certain oil and gas production facilities in the Gulf of Mexico....
...We start today with Joe Biden’s plans for tonight’s State of the Union address....
...Last week Russia attacked an underground storage site, although “the situation will not critically impact” operations, according to Naftogaz, the state energy company....
...The bloc has banned Russian oil and coal imports and the commission has proposed ending all fossil fuel imports from Russia by 2027....
...One of the large palm-growing companies active in Indonesia, Socfin, has a holding company listed on the Luxembourg stock exchange....
...From the 1970s until the 2000s, the Soviet Union and then Russia priced natural gas to displace the competitor — fuel oil in industry and heating oil in domestic heating....
...To explain a bit further: Let’s imagine a company with $100 of asset value and $60 in liabilities, which leaves it with an equity value of $40....
...It trails China and the US in areas such as manufacturing of clean technologies thanks to a mix of burdensome regulations and higher energy prices....
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