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...Russia remains one of the world’s most important energy exporters despite western sanctions on its oil and gas sector....
...“There are trillions of dollars to be made out of hot air,” said one aggrieved staff member at SBTi....
...of the US gas export industry....
...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....
...Coal plants make up about 16 per cent of electricity generation, overtaken by clean energy supplying about 20 per cent in 2023, while gas supplies about 43 per cent....
...Oil and gas executives were the most likely to share this view....
...More LDES would at least lessen dependency on gas. Pumped storage hydro, known as “water batteries”, are more established but other LDES technologies include compressed air and flow batteries....
...It’s a zero-carbon energy source that the oil and gas industry is well suited for, and new data by the Clean Air Task Force seen first by Energy Source shows where investors can tap into the hottest rocks...
...Eni last year agreed to acquire private equity-backed Neptune Energy in what was then the largest cash deal in the European oil and gas sector for almost a decade....
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...“LNG is part of the energy transition,” he added, arguing that renewable sources of energy could not be scaled up quickly enough to remove gas from the energy mix....
...Anja-Isabel Dotzenrath, head of gas and low-carbon, is also retiring and will be succeeded by William Lin....
...The chief executive of Ithaca Energy has quit the North Sea oil and gas producer, exiting as the group tries to rebound from a lacklustre first year as a public company....
...“CVR Energy is a cash cow,” said Nick Moglia, a credit analyst with CreditSights....
...Charif Souki, a pioneer of the US liquefied natural gas industry, will receive a payout of more than $8mn after being ousted from project developer Tellurian as the company struggles to get a costly gas...
...The main problem is Gibraltar’s airport and its incorporated air force base....
...The lawsuit addresses the problem of abandoned wells, which can leak toxic chemicals into the air, contaminate groundwater and emit methane gas unless they are plugged with cement....
...“We should abandon the fantasy of phasing out oil and gas and instead invest in them adequately, reflecting realistic demand assumptions,” he said....
...With the electricity-to-gas price ratio at four — a measure of the cost of running a heat pump versus a gas boiler — and with the median heat gain of some 2.8 (2.8 units of heat for each unit of electricity...
...Exxon will soon conduct an experiment with methane sensors installed on a hot-air balloon as it seeks to hone its use of detection technologies....
...John Barrasso, the top Republican on the Senate energy and natural resources committee, slammed Biden for “doing all he can to make it economically impossible to produce energy on federal lands”....
...Anna Rasmussen, chief negotiator for the Alliance of Small Island States, said: “We are a little confused about what just happened....
...They have also struggled to find a venue to air their views....
...North Sea oil and gas is only really profitable if consumers in the UK and the rest of Europe continue to pay high prices for energy....
...and gas sector....
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