Money talks: Crude awakening
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 5 February 2019
⏱️ 18 minutes
🧾️ Download transcript
Summary
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello I'm Simon Long International Editor at The Economist and this is Money Talks on Economist Coming up on today's show, Ken Bryan Roberts, boss of Comcast, proved the critics wrong about |
| 0:16.8 | the acquisition of Skye. |
| 0:17.8 | He has a record of making acquisitions and of making them look smart in retrospect. |
| 0:23.0 | And Money Talks tests Chinese Bayejo, the world's most popular liquor. |
| 0:28.0 | I'm trying to explore the flavors and get past the 52% alcohol. |
| 0:34.0 | But first, you might have thought of big oil as a sunset industry. |
| 0:40.0 | Scientists tell us again and again that time is running out to limit carbon emissions, |
| 0:45.0 | and most obvious way to do that is to cut the burning of fossil fuels. |
| 0:49.0 | So some oil companies are investing heavily in renewables. |
| 0:52.0 | The biggest of all the oil majors, however, ExxonMobil, is taking a different approach. It's still betting heavily on oil and gas. |
| 1:00.0 | Charlotte Howard, the Economist's editor and Commodities Editor has been looking at the company |
| 1:05.4 | and talking to its chief executive, Darren Woods. She joins me on the phone from New York now. |
| 1:10.0 | Hello, Charlotte, first of all, I understand that for this story you travel to Latin America to quite a small country, |
| 1:18.0 | Guiana. How come? |
| 1:19.0 | Guiana is an interesting country. |
| 1:21.0 | It's just east of Venezuela. it's home to only 750,000 |
| 1:25.6 | people which is far fewer people than live even in the New York Borough of |
| 1:30.2 | Brooklyn and it is the site of the biggest oil discovery in many years. |
| 1:38.0 | In 2015 ExxonMobil found oil offshore of Guyana and they've continued to make a series of |
| 1:45.7 | discoveries there and one might think in 2019 that we were done finding new |
| 1:50.7 | sources of oil around the world and Gown as an example of how |
| 1:54.9 | Exxon continues to look for new sources of oil and develop them. It's not just that |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

