Chevron produces first gas from Gorgon Stage 2 development off Western Australia

SINGAPORE (Reuters) – Chevron said on Tuesday it has started producing gas from the Gorgon Stage 2 development project off the coast of Western Australia. The development expands the existing subsea gas gathering network of the Gorgon Project, which exports liquefied natural gas (LNG) to customers across Asia and produces domestic gas for the Western…

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After dangerous encounters, US accuses China of military ‘aggressiveness’

By Andrea Shalal and Daphne Psaledakis WASHINGTON (Reuters) – The White House said on Monday recent dangerous encounters between U.S. and Chinese forces in the Taiwan Strait and South China Sea reflect a growing aggressiveness by Beijing’s military that raises the risk of an error in which “somebody gets hurt.” Washington’s sharply worded warning followed…

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BlackRock’s China head Tang leaving the company

By Selena Li HONG KONG (Reuters) – BlackRock Inc’s head of China business, Tony Tang, is leaving the asset manager, the company said on Tuesday, after having played a key role in expanding operations in the world’s second-largest economy. BlackRock, the world’s largest asset manager, said Tang “has expressed an interest in exploring opportunities” outside…

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Panasonic to boost battery output at Tesla’s Nevada Gigafactory by 10%

(Reuters) – Panasonic Holdings plans to expand production of electric vehicle batteries at a factory in Nevada jointly operated with Tesla by 10% within three years, a spokesperson for the Japanese company said on Tuesday. The comments followed a Nikkei Asia report on Monday that said unit Panasonic Energy would install a 15th production line…

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