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☆ Former BP boss Bob Dudley says Looney’s shock exit ‘came out of nowhere’
▼ + stars: | 2023-10-03 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

Arun Sankar | Afp | Getty ImagesFormer BP CEO Bob Dudley on Tuesday said that Bernard Looney's abrupt resignation last month came as a shock and denied any prior knowledge of the latter's past personal relationships with colleagues. Looney succeeded Dudley, who stood down as BP CEO in 2020. He informed the company that he was not "fully transparent in his previous disclosures" about relationships with colleagues before becoming CEO, BP said. "Things at BP are OK. We move forward as you would expect, despite the change that happens," interim BP CEO Murray Auchincloss said Monday during a CNBC-moderated ADIPEC panel session. Dudley — who now chairs the Oil and Gas Climate Initiative, an organization backed by BP, Saudi Aramco, Exxon Mobil and other Big Oil firms — echoed Auchincloss' view.

Persons: Bernard Looney, Arun Sankar, Bob Dudley, Bernard Looney's, Dudley, Looney, Murray Auchincloss, Auchincloss, It's, Dudley — Organizations: Afp, Getty, BP, Financial Times, CNBC, Abu Dhabi International Progressive Energy Congress, BP Plc, Abu, Abu Dhabi International Petroleum Exhibition, United, Bloomberg, Climate Initiative, Exxon Mobil, Big Oil Locations: New Delhi, Abu Dhabi, United Arab Emirates, Saudi Aramco

☆ U.S.-India relationship has reached new heights as the two align across policy areas, USTR says
▼ + stars: | 2023-08-28 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +1 min

Katherine Tai, U.S. Trade Representative on the first day of the three-day B20 Summit in New Delhi, India. U.S. Trade Representative Katherine Tai said the U.S.-India relationship is reaching new heights as the two align "across all the policy areas." "It's certainly true that today, this relationship is experiencing new heights." The U.S. and India are closer now than ever before, but that relationship could be further strengthened. "Many of [these tariffs] have been pending for years and we've agreed to bury the hatchet on those," Tai said.

Persons: Katherine Tai, Tai, CNBC's Martin Soong, Narendra Modi's, Joe Biden, we've Organizations: Katherine Tai , U.S . Trade, U.S . Trade, U.S ., Washington, B20, Indian, U.S Locations: Katherine Tai , U.S, New Delhi, India, U.S

☆ Australia wants normalized trade ties with China — but only after all trade curbs are dropped
▼ + stars: | 2023-08-28 | by ( Clement Tan | ) www.cnbc.com time to read: 1 min

Australia wants trade ties with China to be normalized, but Beijing must first remove the remaining trade curbs, said Australia's assistant minister for trade told CNBC. Canberra is in dialogue with its largest trading partner to drop tariffs on Australian wine imports that were introduced in March 2021. At the peak of diplomatic tensions in 2020 and 2021, Beijing slapped import tariffs on several Australian exports, from wine and red meat to lobsters and timber. "That is a good outcome, but I want to see — and the Australian government wants to see — trade with China return to normal and to be stabilized across the board," Tim Ayres told CNBC's Martin Soong in an interview on the sidelines of the B20 summit in New Delhi over the weekend. "Until we remove all of those impediments, it's not possible to say that the trade is back to normal," Ayres added.

Persons: Tim Ayres, CNBC's Martin Soong, Ayres Organizations: CNBC, Canberra Locations: Australia, China, Beijing, New Delhi

☆ China's rare earths dominance makes U.S. supply chains vulnerable, trade representative says
▼ + stars: | 2023-08-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

watch nowChina's dominance in rare earths makes U.S. supply chains vulnerable, U.S. Trade Representative Katherine Tai said in an exclusive interview Saturday with CNBC's Martin Soong. "And until we are able to access and create additional supply chains we remain entirely vulnerable to that leverage," the U.S. trade representative said. But lower labor costs overseas, as well as less pressure on environmental standards, helped send the rare earths industry out of the U.S. watch nowIn the case of rare earths, Tai pointed out that China has a monopoly in the global market. While lithium is a key component of electric car batteries, it isn't one of the 17 metals scientifically categorized as rare earths.

Persons: Katherine Tai, CNBC's Martin Soong, Tai, Trump, Biden, Li Qiang, Gina Raimondo Organizations: U.S . Trade, B20, CNBC Locations: U.S, China, New Delhi, India, Beijing

☆ We want a 'just' energy transition, Indonesian investment company says
▼ + stars: | 2023-08-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe want a 'just' energy transition, Indonesian investment company saysShinta Kamdani, CEO of Sintesa Group, speaks from the B20 summit and discusses the importance of considering the social impact and financing of the energy transition.

Persons: Shinta Kamdani Organizations: Sintesa

☆ Better Logistics, Room to Relax: Why SFO Is WSJ’s Best Airport of 2022
▼ + stars: | 2022-11-17 | by ( ) www.wsj.com time to read: 1 min

Elon Musk Says ‘Too Much Work on My Plate’ After Twitter TakeoverElon Musk, the CEO of SpaceX and Tesla, appeared virtually at the B20 business conference in Indonesia on Monday and said he had too much work after taking over Twitter. The billionaire also said the social-media platform needs to publish more videos. Photo: B20 Indonesia 2022/YouTube

☆ Indonesia's Indika, Taiwan's Foxconn mull EV partnership with Thai firm
▼ + stars: | 2022-11-16 | by ( Stefanno Sulaiman | ) www.reuters.com time to read: +2 min

JAKARTA, Nov 16 (Reuters) - Coal miner PT Indika Energy (INDY.JK) and Taiwan-based Foxconn (2317.TW), which are partnering to make electric vehicles in Indonesia, are considering bringing in a Thai firm as a third partner, Indika's top executive told Reuters on Wednesday. Arsjad Rasjid, President Director of Indonesian miner Indika, declined to name the Thai company nor any target for the completion of the partnership due to ongoing negotiations, but said the three could invest in EV or EV battery production. In September, Indika and Foxconn launched a $2 billion joint venture to make EVs, batteries and energy storage in Indonesia. Foxconn, Apple's biggest iPhone maker, also has a $1 billion joint venture with Thai energy group PTT (PTT.BK) to produce battery EVs. Indika is one of the top coal miners in Indonesia, which is the world's biggest coal exporter.

The meeting takes place as both countries work to improve relations overshadowed by disputes over trade, Taiwan, human rights and the origins of the COVID-19 pandemic. China is Australia’s biggest trading partner, accounting for up to a third of its roughly A$475 billion ($303 billion) of annual exports. Australia's relations with China began to sour in 2017 when Australia introduced laws to deal with what it said was Chinese interference in Australian politics. Two Australian journalists, Cheng Lei and Yang Hengjun, are in jail in China awaiting sentences after closed-door national security trials. Albanese said China acknowledged that Australia had raised the issue of the imprisoned journalists but he gave no further details.

☆ Asia's coal phase-out must be gradual, says Mitsubishi Heavy head
▼ + stars: | 2022-11-14 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

"Previously, the discussion was binary in which you had to choose between renewable energy or existing technology. A "realistic" mix of renewable energy and greener existing infrastructure is needed to help Asia's emerging economies meet a power consumption boom in coming years, Izumisawa said. "You have to think not just about renewable energy, but how to make better use of resources like coal and LNG," he said. Japan, the world's fifth-biggest CO2 emitter, has also called for more focus on promoting the transition of existing fuel plants to greener energy resources. Indonesia is the world's fourth-most populous country and eighth-biggest emitter of greenhouse gases, with coal making up about 65% of its total energy mix.

☆ Tesla Boss Elon Musk Talks of ‘Too Much Work’ After Twitter Takeover
▼ + stars: | 2022-11-14 | by ( Jason Douglas | ) www.wsj.com time to read: 1 min

‘My workload has recently increased quite a lot,’ Elon Musk said in a virtual appearance in Indonesia on Monday. NUSA DUA, Indonesia—Elon Musk said he has too much work to juggle since the billionaire added running Twitter Inc. to his tasks with the $44 billion takeover of the social-media platform. “My workload has recently increased quite a lot,” Mr. Musk said in a virtual appearance Monday at the B20 business conference in Indonesia, on the sidelines of a summit of leaders of the Group of 20 advanced and developing economies. “I have too much work on my plate, that is for sure.”

☆ Elon Musk says 'I have too much work on my plate'
▼ + stars: | 2022-11-14 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

[1/2] Elon Musk, Tesla Inc. CEO, is seen on screens as he speaks virtually during the B20 Summit, ahead of the G20 leaders' summit, in Nusa Dua, Bali, Indonesia, November 14, 2022. "I have too much work on my plate that is for sure," Musk said by videolink to a business conference on the sidelines of the G20 summit in Bali. Musk is chief executive of both companies and also runs rocket firm SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company. Responding to an observation that many business leaders in Asia wanted to be the "Elon Musk of the East," Musk said: "I'd be careful what you wish for. "I'm just looking at this video and it's so bizarre," Musk said.

[1/2] U.S. President Joe Biden watches a cultural performance as he arrives at the Ngurah Rai International Airport ahead of the G20 leaders' summit, near Denpasar, Bali, Indonesia, November 13, 2022. Foreign Minister Sergei Lavrov will represent the Russian president at the G20 summit - the first since Russia invaded Ukraine in February - after the Kremlin said Putin was too busy to attend. Biden and Xi, who have held five phone or video calls since Biden became president in January 2021, last met in person during the Obama administration when Biden was vice president. Both leaders will attend the opening of the G20 summit on Bali on Tuesday. Australian Prime Minister Anthony Albanese is due to join Indonesian President Joko Widodo to address a parallel B20 business forum taking place on Monday ahead of the G20 summit.

☆ В Интерднестркоме рассказали о подключении телефонов без тестирования
▼ + stars: | 2021-04-06 | by ( ) novostipmr.com time to read: +2 min

С 1 июня мобильные терминалы к сети VoLTE можно подключать без обязательного тестирования и «привязки» карты к телефону. Благодаря этому можно сократить время подключения к сети и заменить телефон самостоятельно без посещения Центра связи Интерднестркома (ИДК). Просто с телефоном, в котором есть параметр Band 20, приходите в Центр связи, покупаете сим-карту с пакетом мобильной связи, вставляете её и пользуетесь. Будет доступен роуминг на территории Украины, а также услуга «Черный список» (блокирование возможности подключения телефона при его утере). Также Интерднестрком обращает внимание на следующий момент: при желании самостоятельно сменить смартфон Samsung на iPhone или наоборот нужно обратиться в Центр связи для настройки карты.

Persons: Сергей Гаевский, Интерднестрком Organizations: Центр связи Интерднестркома (ИДК), ИДК, Интерднестркома, Центр связи, Актив Locations: Тирасполь, Приднестровье, Украина

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