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...signed new renewable energy deals, multiple executives in the fossil fuel and power industries have told the Financial Times that the electricity needed to meet the demand for AI will require higher natural gas...
...of the US gas export industry....
...The fund, raised by the group’s Brookfield Infrastructure Partners arm, is the largest-ever dedicated to investing in assets such as airports, toll roads, pipelines and natural gas export plants....
...Agas are expensive to run: a four-oven model can cost more than £5,000 a year in electricity bills, and around £2,800 annually for models fueled by gas or oil....
...Oil and gas executives were the most likely to share this view....
...The Dominion deal handed Berkshire thousands of miles of natural gas pipelines and a 25 per cent stake in the Cove Point liquefied natural gas terminal in Maryland, a big export facility....
Dispute with ExxonMobil over oil-rich Guyana block cited as source of uncertainty by advisory firm ISS
...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....
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...Gas is made up of mainly of methane, a molecule which has the capacity to store greater warmth over a shorter lifespan than carbon dioxide....
...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....
Trudeau government completes C$34bn Trans Mountain project amid cost overruns and climate concerns
...Neptune produces oil and gas from fields in seven other countries, including Norway, Germany, Algeria, the Netherlands and Indonesia....
...Perhaps the most significant related development is that construction at the Akatara gas processing facility is nearing completion....
...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...
...A new satellite mission to track planet-warming emissions of methane gas is finally set to launch, now aided with artificial intelligence technology to help build a global map of oil and gas infrastructure...
...While the interior is modern, it retains distinctive features such as coffered ceilings, wood panelling, leaded windows, a gas fireplace and original fir flooring....
...If there is a wave of oil mergers, should wildcatters be kept from buying natural gas drillers? Panuwat struggled to explain the unusual coincidence about the timing of his trade....
CVR Energy has paid out $3.2bn in dividends to feared activist’s public investment vehicle
...Prized energy business faces upheaval When Berkshire announced the acquisition of MidAmerican Energy in 1999, Buffett hailed the Iowa gas and electric utility as squarely in the conglomerate’s “sweet spot...
...Farming and forestry account for almost a quarter of global greenhouse gas emissions and a hefty chunk of the scope 3 emissions of food manufacturers and retailers originate on farms....
...The AGA welcomed the bills, arguing “customers want natural gas”, and urged the Democrat-controlled Senate to pass the legislation....
...But this focus caught the attention of Republicans typically aligned with the oil and gas industry....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...“We should abandon the fantasy of phasing out oil and gas and instead invest in them adequately, reflecting realistic demand assumptions,” he said....
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