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...And much bigger sources of risk capital for clean energy could soon be unlocked....
...The stock had risen 27 per cent over the past five years to Tuesday, compared with a 64 per cent rise in the S&P 500 oil refining and marketing index over the same period....
...Valero says the Biden administration’s Inflation Reduction Act in the US is similarly decisive — it is intended to boost demand for clean energy projects and “give markets and workers a signal it’s a big...
...Chris Pereira, founder and CEO of the business consulting group iMpact, said companies in the consumer tech, new energy and biotechnology sectors were particularly prominent in the overseas sales push....
...Valero, the world’s biggest independent refiner, dismissed concerns about market weakness during a recent earnings call....
..., energy, trading and law....
...Zhou said that the company would keep its hardware and core technology teams while downsizing the marketing, studio, video and platform departments, according to the two people....
...Morgan Stanley has boardroom links to the oil and gas industry too; director Rayford Wilkins Jr is a sitting board member of Texas-based oil refining company Valero Energy....
...He also argues that it is time for climate campaigners to focus less on the “supply” side of the energy equation and put more emphasis on the “demand” side....
...executive of large refining company Valero Energy, said in an earnings call last month....
...These include an AI-enabled review platform for all marketing content....
...Companies have experienced a big rise in profit margins in recent weeks as inventories have run down and fears of Russian fuel supplies leaving the market have sent prices higher....
...Shareholders of two independent refiners, Valero Energy and Marathon Petroleum, have enjoyed stock price rises of at least 78 per cent in the last year....
...The single-digit price/earnings ratios of big energy companies from ConocoPhillips to Valero tell you more about (unsustainably?) high earnings than low stock prices....
...Gary Simmons, chief commercial officer at Valero Energy, told analysts recently that the company had seen a “bit of a lull” in early July but that demand had since recovered to June levels....
...Spencer Dale, the company’s chief economist, acknowledged the fallout could “have lasting impacts on global economic and energy systems and the energy transition”, but updates will have to wait until the...
...In letters sent to seven oil companies including ExxonMobil, BP, Shell and Valero, Biden called for “immediate actions” to supply more fuel, and said the administration was prepared to use “all reasonable...
...Valero Energy, a Texas-based refining company which imports heavily from Russia, has reportedly suspended all future purchases of Russian oil....
...Our domestic supply is sufficient. US oil companies need to join the effort and cease business with Putin-controlled Russian oil companies.”...
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...Experts say the relatively small scale of Japanese chipmakers makes it difficult for them to scale up production and marketing....
...The fund manager BlackRock and US oil refiner Valero are backing a company called Navigator CO2 Ventures, which has proposed a 1,200-mile pipeline system to collect gases from industrial plants such as ethanol...
...The system has capacity to supply almost 15 per cent of total US liquid fuel demand....
...The company spent almost one-third of its revenue on sales and marketing in the last quarter of 2021....
...Valero and Motiva didn’t respond to requests for comment....
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