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...This includes the CPC pipeline carrying oil from Kazakhstan through Russia to the global market. Western companies including ExxonMobil and Chevron use the pipeline, which Moscow briefly shut in 2022....
...Ithaca Energy has agreed a deal to acquire almost all of Eni’s UK oil and gasfields in a transaction worth about £750mn that will turn the London-listed company into one of the North Sea’s largest producers...
...Nicolai Tangen, chief executive of the $1.6tn fund, told the Financial Times it was “worrisome” that American companies were outpacing their European rivals on innovation and technology, leading to vast...
...But Equinor is still first and foremost an oil and gas company....
...The crude price calm in the face of this turmoil owes much to events 7,000 miles away in the shale fields of North Dakota and west Texas, where drillers have left global markets awash with American oil....
...The midsized Portuguese oil company — now worth $15bn — has a good problem. It has discovered billions of barrels of oil offshore of Namibia. That is a lot....
...Since September, his message has been one of stability and continuity. At the Adipec oil conference in Abu Dhabi in October, Auchincloss said he was “pretty optimistic” about the company’s direction....
...Since the Latin American country decided, in the 1970s, to reduce its dependence on imported oil and gas, ethanol has played a crucial role in Brazil’s energy mix....
...He joined the US oil company Amoco in 1992, becoming the fourth generation of his family to work in energy....
...But sharp falls in natural gas prices and reduced oil refinery margins dented their earnings in the first three months of the year, causing both companies’ shares to dip in early trading....
...Auchincloss, a Canadian national, joined BP from Amoco in 1998, when the UK-listed company merged with the US business....
...Auchincloss confirmed on Wednesday that BP’s transition “from international oil company to integrated energy company . . . does not change”. The overarching principle may not change....
...Oil majors and state-owned companies are behind the majority of new discoveries and approvals....
...The chief executive of TotalEnergies has said the French oil major could move its primary listing from Paris to New York as US investors were more positive about the company and supportive of its fossil...
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...of its oil and gas exploration assets....
...But the conflicts around American LNG reflect the fact that the ability of US energy companies to export is always subject to contested domestic politics....
...“Less oil and natural gas from federal lands means fewer jobs for Americans and, almost certainly, more money to the Middle East, Venezuela, Russia and Iran,” said Barrasso....
...The OGCI report focuses on the group’s engagement with national oil companies and joint venture partners with extensive fossil fuel infrastructure and the use of satellite monitoring through its partnership...
...The boss of Mexico’s Pemex hit back at rating agencies and investors who increasingly see the state oil company as a threat to public finances as it faces hefty supplier bills and interest payments on its...
...It said that the additional oil from the US, Brazil, Guyana and Canada alone, which have seen record production levels, “could come close to meeting world oil demand growth for this year and next”....
...Van Beurden spent 39 years at the oil major. Daniel Berenbaum joins US fuel cell company Bloom Energy as chief financial officer, succeeding Greg Cameron....
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
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