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...“These oil deliveries constitute a full-frontal assault against the sanctions regime, which is now on the brink of collapse,” said Hugh Griffiths, a former co-ordinator of the UN panel that monitors sanctions...
...State-backed brokerages dominate China’s vast financial markets, where western investment banks have made limited inroads in recent years and returns have disappointed at a time of weak economic momentum...
...Gonzalo Garcia, Goldman’s then co-head of European investment banking, quit shortly after being left off the committee....
...The consortium wants to buy the Lipton Kenya estates, which comprise 11 plantations and eight factories across the Kericho, Bomet and Limuru counties in western Kenya’s tea-growing heartland....
...LNG plants are big consumers of shale gas produced in areas such as western Pennsylvania — and drillers were banking on a wave of new planned projects to buy more fuel in future....
...We have given our full co-operation.”...
...The rich Nordic country is western Europe’s biggest petroleum producer but likes to tout its green credentials too....
...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....
...Two decades ago the US produced about 7mn barrels a day of petroleum and consumed 21mn....
...Global energy markets have changed and grown dramatically since the creation of the Strategic Petroleum Reserve (SPR) nearly 50 years ago....
...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...
...In January, Russia’s defence ministry said Niger had agreed to deepen defence co-operation with Moscow....
...It also marked another strategic victory for Moscow in the Sahel, the semi-arid strip south of the Sahara, where military governments have increasingly shunned their traditional western allies in favour...
...It is one of the biggest western refining companies, with 12 plants spread across the US and Europe....
...The move highlights some of the fallout western companies are feeling from the punitive measures against Moscow....
...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....
...It is critical that transparent monitoring, co-ordination and accountability mechanisms are agreed upon in advance....
...The acquiring consortium, known as Renaissance, includes Switzerland-based Petrolin and four Nigerian oil producers, ND Western, Aradel Holdings, First E&P and Waltersmith....
...Leading western and Chinese artificial intelligence scientists have issued a stark warning that tackling risks around the powerful technology requires global co-operation similar to the cold war effort to...
...“It’ll take time, and will require a joint effort and significant co-operation with the various international organisations.”...
...The crude will enable the refinery to process an initial 350,000 barrels of crude oil a day into petroleum products, including petrol, diesel and low-sulphur fuels....
...His great-uncle, André Gillier, co-founded Lacoste, of the famous piqué cotton polo shirt....
...Last June, it agreed to sell 4mn tonnes a year of LNG to China National Petroleum Corporation for 27 years, following a similar deal with China’s Sinopec in November 2022....
...Under dos Santos, who ruled Angola for almost four decades before losing power in 2017, Trafigura dominated the supply of petroleum products in Angola, generating bumper profits that supported the company...
...The largest is due online in Iceland next year and is designed to remove 36,000 tonnes of CO₂ from the atmosphere annually. Global CO₂ emissions rose last year to about 37bn tonnes....
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