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...Of the 10bn barrels, not all will be oil; some will be less valuable natural gas. Even then, Galp will probably only extract a third of that available oil....
...The oil and gas windfall tax will be extended one year until 2029, Jeremy Hunt has announced....
...“Earnings results for the oil majors were weaker on a combination of lower gas prices and downstream turnarounds....
...Flynn warned that an extension, which would impact Scotland’s oil and gas extraction industry, risked converting Scottish Tories into nationalists....
...The Offshore Petroleum Licensing Bill requires the North Sea Transition Authority, the industry regulator, to hold annual licensing rounds for drilling for oil and gas....
...methane emissions from oil and gas infrastructure....
...Australia’s largest oil and gas developer has launched a staunch defence of its climate plan ahead of a potentially damaging vote on the issue at its annual meeting next week....
...The Scottish Conservative leader said he was “deeply disappointed” by the Budget’s one-year extension of the windfall tax on the oil and gas industry....
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...The White House’s decision to pause approvals for new liquefied natural gas projects has angered the shale gas industry, a big employer in Pennsylvania....
...American oil and gas lobby groups have hit back against Joe Biden’s freeze on new permits for LNG infrastructure, lodging a legal filing that urges the Department of Energy to reconsider the suspension....
...Amin Nasser told a major oil and gas conference in Houston on Monday that forecasts by the International Energy Agency that oil demand would peak by 2030 were not going to be met due to surging demand from...
...You state (“BP pressured to ditch green pledges”, Report, January 30) that “renewable power projects generally have a lower return on investment than oil and gas”....
...The US reimposed sanctions on oil and gas from Venezuela yesterday after finding President Nicolás Maduro’s revolutionary socialist government had “fallen short” of its commitments to hold a free and fair...
...Last year, Eni paid $4.9bn for London-based oil and gas producer Neptune Energy in what was the largest cash deal in almost a decade for the European energy sector....
...Russia continues to invest heavily, announcing $300bn of incentives for new oil and gas projects in 2020....
...Australia’s two largest oil and gas companies have called off merger talks, ending months-long negotiations to create a $52bn liquefied natural gas company....
...The US oil major reiterated its confidence that its proposed $53bn takeover of Hess would go ahead despite claims by ExxonMobil that it has rights to Hess’s lucrative Guyana offshore oil assets....
...Elsewhere in the US, a combination of warm winter weather and surging production from gas wells has filled up gas storage well above long-term averages....
...While we’ve been watching Nvidia and other sparkly tech stocks, oil has been sneaking up to touch $90 a barrel. Today on the show, we talk about oil supplies, demand and the role of geopolitics....
...At Total, he has maintained a strategy of pursuing profitable oil projects while shifting more into gas as the company’s core fossil fuel....
...to Italy’s Eni, which is also expanding its oil and gas production....
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