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...the shale gas industry is a major employer....
...The US accounts for about 20 per cent of global demand, driven by the country’s reliance on big, gas-guzzling vehicles....
...“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....
...But even if costs come down and leaks can be avoided, will swapping in a synthetic version of natural gas lock us into existing energy systems, and their associated risks? Read on....
...Australia’s largest oil and gas developer has launched a staunch defence of its climate plan ahead of a potentially damaging vote on the issue at its annual meeting next week....
...Charif Souki, a pioneer of the US liquefied natural gas industry, has been ordered to repay $100mn to his lenders months after he was ousted from his latest venture....
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...The recent profit bonanza was driven in part by Russia’s full-scale invasion of Ukraine, which pushed up oil and gas prices....
...Bringing this oil to market will cost billions of dollars. It may well sell down its stake to an international oil company....
...While expanding oil and gas markets is an unequivocal reason of state for Putin, it is not in Washington....
...What is striking is that shares in US-listed gas-focused exploration and production companies have performed surprisingly well year to date....
...EU officials have been urging European companies to avoid buying Russian LNG now that gas storage levels are at record levels and prices have come down from the post-invasion peak....
...US companies investing in Venezuelan oil and gas not covered by existing licences will have until May 31 to wind down their operations....
...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....
...Lawyers from British firm Clifford Chance will argue that the ruling compelling the oil and gas company to slash its emissions by 45 per cent by 2030, relative to 2019, had no legal basis and overstepped...
...A report released last week by Carbon Tracker looked at the 25 largest public oil and gas companies and found that they were “way off” from the Paris climate agreement goals....
...Labour has adopted a tougher approach to the oil and gas industry than the government....
...Last week Russia attacked an underground storage site, although “the situation will not critically impact” operations, according to Naftogaz, the state energy company....
...methane emissions from oil and gas infrastructure....
...It is the Dutch executive’s first corporate role since stepping down as head of the oil and gas major at the end of 2022....
...There are currently only limited Ofgem plans to manage likely stranded gas assets and no plans for how to fund the multibillion-pound expected costs of decommissioning the gas grid....
...In 2022, the company turned a net profit of around $6bn for the first time in a decade thanks to higher oil prices and a reduced tax burden....
...A report released by Carbon Tracker yesterday found the largest oil and gas companies were “way off track” from their Paris climate targets....
...The White House’s decision to pause approvals for new liquefied natural gas projects has angered the shale gas industry, a big employer in Pennsylvania....
...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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