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...A CO₂ storage adviser to BP and a director for CO₂ storage at the Norwegian Petroleum Directorate also contributed to the report....
...At Quest, CO₂ is removed during the process of making hydrogen gas, which is used in the energy-intensive process of turning the bitumen extracted from oil sands deposits into synthetic crude oil....
...AI is modelling the ideal molecular structures to absorb CO₂,” Jaber added....
...Wood Mackenzie added that many companies in the oil and gas industry had low levels of borrowing and would be relatively unaffected by higher rates....
...Commodity traders are anticipating huge increases in demand and volatility in gas and electricity markets as the global energy system transitions away from more polluting oil and coal....
...And, while this oil and gas issue is obviously a vulnerability for the Biden campaign when it comes to these blue-collar workers, they still believe that, quote unquote, Scranton Joe has an edge with the...
...Oil and gas executives were the most likely to share this view....
...Sarasin and its co-filers assert that Equinor must move more quickly away from oil and gas, to protect shareholder value in the face of an accelerating energy transition....
...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....
...synthetic natural gas Synthetic natural gas piques worldwide start-up interest Natural gas is a leading contributor to the climate crisis because of the CO₂ it releases when burnt and the leaks that can...
...and oil....
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...The Federal Trade Commission on Thursday alleged Scott Sheffield, the former head of Pioneer Natural Resources, had tried to co-ordinate production levels with the Opec cartel to “pad Pioneer’s bottom line...
...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....
...Most of the oil will flow from Alberta’s oil sands, whose energy-hungry methods of extraction make it the source of some of the planet’s most carbon-intensive crude....
...“If you talk to the oil people they are going to say the only way we can meet this energy demand is to use fossil fuels, but many of the customers of these data centres have made net zero CO₂ commitments...
...However, he added that the world would still need oil and gas beyond 2050, the target set by countries at last year’s COP28 meeting to reach net zero emissions....
...The changes reflect chief executive Wael Sawan’s plans to keep oil production flat and expand sales of liquefied natural gas while being more selective about the types of low-carbon energy products it sells...
...We start with the oil and gas sector that is due to wrap up a bumper earnings season this week....
...The process makes the tar sands the world’s most carbon-intensive source of oil....
...“There is no way the US rig count grows after the recent wave of consolidation,” Conrad Gibbins, co-head of the upstream Americas business at Jefferies, told me....
...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....
...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...
...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....
...oil and gas assets in the ageing basin....
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