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“Would I be surprised if beyond 2020 capex budgets start to move higher? No, I wouldn’t bmw cufflinks uk sale. There will be a little cost inflation and they will need to start thinking about their production profile into the 2020s,” Bishop said. The appetite for huge multi-billion-dollar projects such as deepwater oil fields and large gas processing facilities that became the trademark for Big Oil has however weakened, Bishop said. Instead, companies should opt for smaller-scale and phased projects where spending is better controlled such as shale oil and offshore field expansions as well as non-oil and gas projects such as chemical plants and power generation, he added..
“There seems to be less appetite for just ploughing money straight back into the ground,” according to Bishop. “From our side, unless you have new opportunities right at the bottom of the cost curve we are not that desperate for you to drive volume growth in terms of oil.”. GRAPHIC: Big Oil cashflow – tmsnrt.rs/2Pn84xn. BlackRock sees the transition away from fossil fuels to cleaner low-carbon energy happening faster than many oil companies expect, with oil demand peaking in the early 2030s, Bishop said, around a decade earlier than most other forecasts bmw cufflinks uk sale.
KUALA LUMPUR (Reuters) – Malaysia wants to reclaim from Goldman Sachs Group Inc (GS.N) the fees the U.S bmw cufflinks uk sale. bank received for helping state fund 1Malaysia Development Bhd (1MDB) [TERRN.UL] raise money as well as consequential losses, Minister of Finance Lim Guan Eng said on Tuesday. “The Malaysian government will want to reclaim all the fees paid, as well as all the losses including the interest rate differential,” Lim told reporters. He said the rate Malaysia received was about 100 basis points higher than the market rate..
SINGAPORE (Reuters) – Malaysia Prime Minister Mahathir Mohamad said on Tuesday U.S. prosecutors had promised to help return money that Goldman Sachs (GS.N) charged for its dealings with troubled Malaysian state fund 1MDB. The U.S bmw cufflinks uk sale. investment bank has been under scrutiny for its role in helping raise funds through bond offerings for 1Malaysia Development Bhd (1MDB) TERRN.UL, which is the subject of corruption and money-laundering investigations in at least six countries. The U.S. Department of Justice has said about $4.5 billion was misappropriated from 1MDB, including some money that Goldman helped raise, by high-level officials of the fund and their associates from 2009 through 2014. U.S. prosecutors filed criminal charges against two former Goldman Sachs bankers earlier this month..
WASHINGTON (Reuters) – Amazon.com Inc (AMZN.O) will on Tuesday announce it has selected New York and Northern Virginia for its second headquarters, a source told Reuters, ending a more than year-long contest that has seen frenzied bidding from locales across North America bmw cufflinks uk sale. Amazon’s plan to split its second headquarters, dubbed “HQ2”, evenly between two cities will boost its presence around New York and the nation’s capital as it seeks to gain a recruiting edge over Silicon Valley tech firms..