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Sword of 'arrest' hangs over my head, says Sisodia_我的网站

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一 |     New Delhi, Oct 17 (UNI) Delhi Deputy Chief Minister Manish Sisodia said Monday that preparations are afoot to arrest him in a fake case to prevent him from campaigning in Gujarat.

He told reporters he has been called by the CBI. "They are preparing to arrest me. Not a single penny of corruption was found in the CBI raid. Nothing was found in the bank locker. There was no gold, cash or property papers found.

"Inquiries in my village, led to nothing. They know that the whole case is fake. Their purpose is to arrest me and put me in jail so that I do not go to Gujarat.

"BJP is terribly scared. Wherever I went to Gujarat, the condition of schools and hospitals there is bad. People of Gujarat have put their hope in Arvind Kejriwal."

Earlier in a series of tweets ahead of appearing before the CBI in the New Excise Policy scam case, he said: "We will never bowing down to dictatorship. This is the second fight for freedom against the conspirators,", as he posted videos of him seeking the blessings of the Father of the Nation, Mahatma Gandhi.

He tweeted: "They are preparing to arrest me by making a completely fake case against me. I was to go to Gujarat for election campaign in the coming days. These people are losing Gujarat badly. Their purpose is to stop me from going to Gujarat election campaign.

"When I went to Gujarat, I told the people of Gujarat that we will build wonderful schools like Delhi for your children in Gujarat too. People are very happy. But these people do not want good schools to be built in Gujarat so they could study and progress.

"But my going to jail will not stop the Gujarat election campaign. Today every Gujarati has stood up. The child of Gujarat is now campaigning for good schools, hospitals, jobs, electricity. The coming elections in Gujarat will be a watershed moment.

"A completely false case has been made against me. Delhi Chief Minister Arvind Kejriwal tweeted, "Nothing was found in Manish's house raid, nothing was found in the bank locker. The case against them is completely false. He had to go to Gujarat for election campaign. They are arresting him to stop him. But the election campaign will not stop. Every person of Gujarat is promoting "AAP" today."

BJP spokesperson Sambit Patra retorted as he told the media: "The way Manish Sisodia was raising slogans in an open car on the streets along with his supporters today, it seems as if Aam Aadmi Party has won the World Cup of corruption."

UNI XE PRT ING。

二 |     Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.Crude prices rose sharply in early 2022 with Russia's invasion of Ukraine and are hovering around $90 per barrel after ticking another 9% higher this year. That has made big drillers cash rich and they are looking for places to invest. The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion. Upward pressure on oil prices are being applied from a number of fronts including the war in Ukraine. Oil markets are being stretched by cutbacks in oil production from Saudi Arabia and Russia, and now, a war between Israel and Hamas runs the risk of igniting a broader conflict in the Middle East. While attacks on Israel do not disrupt global oil supply, according to an analysis by the U.S Energy Information Administration, “they raise the potential for oil supply disruptions and higher oil prices.”Chevron said Monday that the acquisition of Hess adds a major oil field in Guyana as well as shale properties in the Bakken Formation in North Dakota. Guyana is a South American country of 791,000 people that is poised to become the world’s fourth-largest offshore oil producer, placing it ahead of Qatar, the United States, Mexico and Norway. It has become a major producer in recent years with oil giants, including Exxon Mobil, China’s CNOOC, and also Hess, squared off in a heated competition for highly lucrative oil fields in northern South America.“This combination is aligned with our objective to safely deliver higher returns and lower carbon,” Chevron Chairman and CEO Mike Wirth said in prepared remarks. “In addition, Hess increases Chevron’s estimated production and free cash flow growth rates over the next five years, and is expected to extend our growth profile into the next decade supporting our plans to increase our peer-leading dividend growth and share repurchases.”=Chevron is paying for Hess with stock. Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. Including debt, Chevron valued the deal at $60 billion. And even with alarms being raised over climate change after a summer of record-smashing temperatures, elevated energy prices have driven more exploration and more drilling, and big payouts for investors. There have been a number of acquisitions focused on U.S. shale fields and another round of consolidation in the energy sector began during the pandemic as big producers sought to cut costs. In the summer of 2020, Chevron announced that it was buying Noble Energy for $5 billion. Chevron made the deal when crude prices were down more than 30% in the midst of the coronavirus pandemic. That same year, ConocoPhillips bought shale producer Concho Resources in an all-stock deal valued at $9.7 billion.Last month Britain gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings from scientists and the United Nations that countries must stop developing new fossil fuel resources if the world is to avoid catastrophic climate change.Chevron said the deal will help to increase the amount of cash given back to shareholders. The company anticipates that in January it will be able to recommend boosting its first-quarter dividend by 8% to $1.63. This would still need board approval. The company also expects to increase stock buybacks by $2.5 billion to the top end of its guidance range of $20 billion per year once the transaction closes.The boards of both Chevron and Hess have approved the deal announced Monday after six months of negotiations, and is targeted to close in the first half of next year. It still needs approval by Hess shareholders. John Hess, the company's CEO, is expected to join Chevron’s board. His family owns a large chunk of Hess. Shares of Chevron Corp., based in San, Ramon, California, declined more than 3% Monday. Share of Hess Corp., based in New York City, fell slightly.。

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Published on:16:29:06


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