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...Biden defeated Trump in the state in 2020 by just over 80,000 votes, or about 1 percentage point. Hillary Clinton lost there to Trump in 2016 by fewer than 45,000 votes....
...Bayraktar said the commercial terms of the Exxon deal were still under discussion, but 2.5mn tonnes of LNG shipped to Turkey would currently cost about $1.1bn, according to pricing assessments by data agency...
...Vitol last month launched a €1.7bn bid to acquire Italy’s Saras, which owns the biggest single refinery in the Mediterranean on the island of Sardinia....
...BP’s first-quarter underlying profit from gas and low carbon energy was $1.6bn, compared to $3.5bn last year, when prices were still high in the wake of Europe’s energy crisis....
...and 1.4x in the past five to six years....
...The growth was driven by gas and liquefied natural gas volumes, which grew by 19 per cent and 24 per cent respectively....
...These fell below $1.60 per million British thermal units (Btu) in February. That put gas at the bottom of a three decade range. Traders have priced in a fair bit of bearishness....
...The chancellor said the energy profits levy extension, which was widely expected and a move that had also been pledged by Labour, would raise £1.5bn....
...Parts of the border city, whose population has swelled to nearly 1.3mn from the influx of the internally displaced, resembled a ghost town on Wednesday morning....
...“It’s death by 1,000 cuts,” says Steve Pruett, chief executive of Elevation Resources, sitting in his office in Midland, Texas....
...In 2020 it reaffirmed that message as it announced a pledge to achieve net zero emissions, in support of the Paris agreement goal of limiting global warming to 1.5C above pre-industrial levels....
...Shell’s total emissions last year were 1.1bn tonnes of CO2e down from 1.3mn tonnes in 2021....
...The International Energy Agency estimates power demand from data centres globally could top 1,000 TWh by 2026 — double 2022 levels and an increase equivalent to Germany’s total power demand....
...The global average for the 12 months to March was 1.58C above the 1850 to 1900 pre-industrial average....
...as oil and gas prices remained stable....
...“There’s overwhelming scientific consensus that new oil and gasfields are incompatible with limiting warming to 1.5 degrees....
...Oil and gas executives were the most likely to share this view....
...The Electricity Generator Levy was introduced in last year’s autumn statement amid concerns that wind farms and others were making excess profits as a knock-on effect of turmoil in gas markets triggered...
...On Friday, benchmark Henry Hub contracts for March settled at $1.61 per mn British thermal units, up marginally from $1.58/mn Btu on Thursday....
...Its all-in sustaining cost for the first half was $1,287 (£1,025.03) an oz, flat compared with the year before. Guidance for the full year has been tightened to $1,325-$1,350 an oz from just $1,350....
...More than 1.4mn comments were submitted to the EPA’s proposed rulemaking....
...A 1.5GW water battery proposed by SSE in the Scottish Highlands will cost about £1.5bn. The UK is now consulting on a mechanism to guarantee revenues if returns drop below an agreed floor....
...Azerbaijan has yet to update its own climate plans ahead of COP29, saying this week it was “working on” submitting a national climate plan that is aligned with the 1.5C warming goal of the Paris agreement...
...The global average temperature for the past 12 months was the highest on record at 1.61C above the pre-industrial average, Copernicus said....
...Biden, who was born in Scranton, Pennsylvania, defeated Trump in the state in 2020 by just over 80,000 votes, or about 1 percentage point....
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