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Italian Prime Minister Giorgia Meloni reacts during a meeting of European heads of state or government in Granada, Spain October 6, 2023. REUTERS/Juan Medina/File Photo Acquire Licensing RightsROME, Nov 3 (Reuters) - Italian Prime Minister Giorgia Meloni said on Friday that her chief diplomatic adviser had resigned, carrying the can for a prank call fiasco that led to the release of unfiltered remarks on Ukraine and migration. "This matter was not handled well, we are all sorry, Ambassador (Francesco) Talo took responsibility for it," Meloni said, announcing that her aide had quit. Meloni's office confirmed on Wednesday that she had a phone conversation with a Russian comedian who successfully posed as a high-ranking African Union official. Reporting by Angelo Amante and Alvise Armellini, editing by Keith WeirOur Standards: The Thomson Reuters Trust Principles.
Persons: Giorgia Meloni, Juan Medina, Francesco, Talo, Meloni, Angela Merkel, Recep Tayyip Erdogan, Britain's Prince Harry, Angelo Amante, Alvise, Keith Weir Organizations: Italian, REUTERS, Rights, NATO, African Union, Kyiv, Democratic Party, Lexus, Thomson Locations: Granada, Spain, Ukraine, Israel, Afghanistan, Pakistan, Russian, Italy, Russia, Kremlin
SummarySummary Companies Harbour seeks to diversify following UK windfall taxTalos shares rise 4% after Reuters reportLONDON, June 6 (Reuters) - Britain's largest North Sea oil and gas producer, Harbour Energy (HBR.L), is in talks to merge with Gulf of Mexico peer Talos Energy (TALO.N), four people familiar with the matter said on Tuesday. Listing in New York could offer Harbour access to oil and gas-focused investors and banks, the sources said. Harbour Energy expects to produce up to 200,000 boed in 2022, largely from Britain's North Sea. Talos holds a stake in the Zama oil development offshore Mexico, where Harbour also holds a 12.4% interest. Cook said in March that the EPL "disproportionately impacted the UK-focused independent oil and gas companies...
Persons: Linda Cook, Cook, Ron Bousso, David French, Greg Roumeliotis, David Gregorio, Lisa Shumaker Organizations: Reuters, LONDON, Harbour Energy, Talos Energy, ARM, European Union, Brexit, Oil, EnVen Energy, EIG Global, Thomson Locations: Gulf, Mexico, New York, Britain, Houston, Gulf of Mexico,
Some companies, including Exxon Mobil Corp (XOM.N), have been dumping assets in the Gulf, the nation's primary offshore source of oil, and are instead targeting capturing and storing carbon dioxide and other greenhouse gases underground. The region, soon could became contested ground for oil, carbon sequestration and renewable energy, say analysts. The gain reflects a flurry of new platforms from Shell (SHEL.L), BP (BP.L), Chevron (CVX.N) and others, budgeted before the pandemic hit global demand and made companies reduce investments. Reuters GraphicsAt this week's Offshore Technology Conference (OTC), which annually attracts more than 50,000 people, nearly a quarter of the presentations will involve offshore wind, renewables, carbon capture and energy transition, say organizers. Oil development will still dominate the basin, but should coexist with CCS and renewables such as offshore wind and solar.
April 28 (Reuters) - Louisiana's application to obtain enforcement authority over carbon capture wells has gone to the Federal Register for public comment, the Environmental Protection Agency (EPA) said on Friday, a key step in receiving "so-called" primacy and speeding up the permitting process. The EPA currently manages permitting for most Class VI wells across the United States, which are used to store carbon dioxide. Carbon capture and sequestration is viewed by many as a critical technology in helping reduce emissions and slow global warming. States that have received primacy over Class VI wells - so far just North Dakota and Wyoming - have been able to cut the permitting process to months from years. Several major oil and gas companies, including Talos Energy (TALO.N) and Occidental Petroleum (OXY.N), have carbon capture and sequestration projects planned for Louisiana.
The dinner with shale producers and OPEC officials continued a tradition that began around five years ago when they were fierce competitors. It has been held in most recent years during the CERAWeek energy conference in the U.S. oil industry capital. Among the other topics that came up were strong oil demand and what U.S. shale producers could do to meet it given what shareholders want, he said. The event comes at a tumultuous time for global markets with the war in Ukraine disrupting global oil and gas flows while enriching both producer groups. Fewer OPEC officials are present at this year's annual CERAWeek conference, with ministers from key countries, including Saudi Arabia and Iraq, absent from the attendee list.
Stocks may be careening toward their worst year since 2008, but some names are completing a remarkable run after doubling or more in 2022. In 2022, the Dow Jones Industrial Average has lost 8.4%, while the S & P 500 shed 19.2%. These stocks are up more than 100% this year, and include tankers for petroleum products, energy companies such as coal firms, and biotech and pharmaceutical names, according to CNBC. Ardmore Shipping and Scorpio Tankers were the top tanker stocks, both up about 316% for the year. Energy companies came out on top in 2022 following a surge in oil and gas prices — which market participants say will remain elevated given expectations of tight supply ahead.
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