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Financial disclosures show executive salaries at leading brokerages have fallen in past two years
...Go Myong-hyun, a senior research fellow at South Korea’s state-affiliated Institute for National Security Strategy think-tank, said direct supplies of oil and petroleum products from Russia to North Korea...
...Occidental Petroleum has emerged as the lead contender to buy CrownRock, one of the most sought-after private oil producers in the US shale patch, in a deal valued at about $12.5bn, according to people familiar...
...Occidental Petroleum has agreed to acquire CrownRock, one of the most sought-after US private shale oil producers, in a deal valued at about $12bn, including debt....
...The last time Occidental Petroleum made a big acquisition, it ended up teetering on the brink of bankruptcy....
...Global energy markets have changed and grown dramatically since the creation of the Strategic Petroleum Reserve (SPR) nearly 50 years ago....
...Lying beneath the ice North of the Arctic Circle is the largest unexplored petroleum reserve left on Earth, holding an estimated 412bn barrels of oil and natural gas....
...Nigeria’s Dangote refinery, one of the largest in the world, has edged closer to production after it received its first batch of crude from Shell’s oil trading arm....
...Occidental Petroleum in December said it had agreed to pay $12bn for CrownRock and this week APA said it would buy Callon Petroleum for $4.5bn. Most of the deals to date have been oil-focused....
...A Delaware court will soon begin an auction for Citgo Petroleum, the seventh-largest oil refiner in the United States....
...Corporate results: Chinese tech company Meituan, Zijin Mining Group, property developer Longfor and China Petroleum and Chemical (Sinopec) announce results....
...BlackRock is set to invest $550mn into the world’s biggest direct air capture project, which is being developed by Occidental Petroleum, in a sign of growing investor confidence in the nascent technology...
...It is converting its San Francisco refinery in California into one of the world’s biggest renewable fuels plants at a cost of $1.25bn....
...The Strategic Petroleum Reserve has been drawn down in recent years to offset shortfalls sparked by Russia’s full-scale invasion of Ukraine....
...The lawsuit from the American Petroleum Institute, a lobby group, accused the US government of using “every tool at its disposal” to restrict access to resources in federal waters....
...Costs of phone hacking claims are covered by US broadcaster Fox under the terms of the split of News Corp and 21st Century Fox....
...Its sovereign wealth fund, the world’s largest, is funded entirely by oil and gas revenues, and yet is a growing critic of the majors....
...The 78-year-old pioneered a two-decades-long shale revolution that has transformed the US into the world’s biggest oil and gas producer....
...Prysmian, the world’s largest, this week used that expertise to agree to buy Texas-based Encore Wire for €3.9bn. There will be more hook-ups to come....
...“We live in the real world, and have to allocate capital to meet real world demands,” Chevron chief executive Mike Wirth said in a recent interview with the Financial Times, predicting demand for oil “will...
...Department of Energy said on Friday that it had chosen two “direct air capture” hub developments in Texas and Louisiana as recipients for the funding, one of which is being built by oil company Occidental Petroleum...
...World of Warcraft alone has more than 3mn players in China....
...Intel has set itself a goal of ensuring that 50 per cent of the world’s semiconductors are built in the US and Europe in a decade, compared with 20 per cent today....
...The move against Russian metals follows the G7’s campaign to curb Moscow’s revenues from crude and petroleum exports, including through a price cap on seaborne oil trades involving western shipping servicers...
...Companies around the world are scrambling to adapt to political flashpoints whose fallout has the potential to alienate customers....
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