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...In 1973 and 1979 war in Israel and turmoil in Iran twice ruptured the oil market, triggering an inflationary surge that sapped western economies and unseated a US president....
...Energy markets have been volatile this year, amid concern about a possible escalation in Israel’s war with Hamas and confrontation with Iran, although to date increases in oil and gas prices have been relatively...
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...Souki was ousted from the company in December. Tellurian has warned of “substantial doubt” about its ability to continue as a going concern and has said it is exploring a sale....
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...We start with the oil and gas sector that is due to wrap up a bumper earnings season this week....
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...The multibillion-dollar investment programme had set the company apart from much of the industry, where spending on oil production is generally falling because of concerns about climate targets and future...
...What is striking is that shares in US-listed gas-focused exploration and production companies have performed surprisingly well year to date....
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
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...The US oil major told my FT colleagues in Brussels that “recent developments in Europe have not instilled confidence in long-term, predictable policies”....
...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....
...Halting the oil expansion plan, however, will provide Aramco with “increased flexibility” over capital expenditure, and the opportunity to increase domestic gas production and expand the company’s petrochemicals...
...The EU’s decision to increase imports of LNG and introduce gas-saving measures were “very important” for the EU, she added....
...methane emissions from oil and gas infrastructure....
...“The environment right now is very positive for the oil and gas industry,” Alan Armstrong, chief executive of Williams, the biggest US gas pipeline company, told the Financial Times....
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...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...
...The short-term swings on Friday showed the markets were in an “agitated” state, said Viktor Katona, head of oil analysis at Kpler, an energy data and research company....
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