What Does 94 cash Mean?
What Does 94 cash Mean?
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Furthermore, the impact from larger volumes, mainly from the beginning-up on the Beaumont refinery enlargement and improved trustworthiness, was partly offset by increased planned maintenance expenditure.
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Expanded leadership in carbon seize and storage by agreeing to obtain Denbury and reaching five million metric tons per year of CO2 offtake contracts with industrial customers2
Chemical Solutions 2nd-quarter earnings were $828 million, up from $371 million in the first quarter, mainly on improved margins from reduced feed charges. Earnings also benefited from decreased prepared upkeep expense and greater revenue volumes.
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The settlement with Nucor would be the third CCS settlement declared in the past twelve months and delivers the total contracted CO2 to transport and retail store for third-bash prospects to five million metric tons a year.
This push release consists of cash movement from operations and asset sales (non-GAAP). Due to the regular nature of our asset management and divestment method, the organization believes it is beneficial for traders to consider proceeds affiliated with the gross sales of subsidiaries, home, plant and products, and profits and returns of investments along with cash furnished by functioning pursuits when evaluating cash accessible for expense in the business and financing activities.
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1Natural gasoline is converted to an oil-equivalent basis at 6 million cubic feet for every 1 thousand barrels. Key figures: Manufacturing throughput and sales
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