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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....
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...The country’s leadership in new oil and gas approvals comes as President Joe Biden faces pressure from environmentalists to take a harder stance on climate while the oil and gas industry accuses the administration...
...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....
...The oil and gas windfall tax will be extended one year until 2029, Jeremy Hunt has announced....
...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....
...Flynn warned that an extension, which would impact Scotland’s oil and gas extraction industry, risked converting Scottish Tories into nationalists....
...While expanding oil and gas markets is an unequivocal reason of state for Putin, it is not in Washington....
...In today’s newsletter: A $53bn takeover faces a test Shein considers listing in the UK Barclays turns to Blackstone Merger lawyers caught in a Chevron and Exxon oil slick Nobody except the maniacs who...
...Galp already has oil production in Brazil, with a new project starting up at Bacalhau. It has stakes in projects in Mozambique (gas) and offshore São Tomé (near Nigeria)....
...Three regions produce 61 per cent of the country’s natural gas: Appalachia, the Permian and the Haynesville (mostly east Texas and Louisiana)....
...The Scottish Conservative leader said he was “deeply disappointed” by the Budget’s one-year extension of the windfall tax on the oil and gas industry....
...The EU’s decision to increase imports of LNG and introduce gas-saving measures were “very important” for the EU, she added....
...Oil and gas executives were the most likely to share this view....
...Access to some of Guyana’s 11bn barrels of offshore oil was a key rationale for Chevron’s acquisition of Hess announced last year....
...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...
...Whereas Turn2X and Terraform are focused on supplanting natural gas, TES also aims to use synthetic natural gas as a “hydrogen carrier”....
...In 2020 he and his wife, who also works in the Pennsylvania gas industry, were laid off during the pandemic....
...It is expected to generate 110,000 barrels of oil per day for Hess and has 11bn barrels of recoverable deposits overall. The project is already enriching impoverished Guyana....
...New drilling techniques have opened up access to enormous oil and gas reserves in North America....
...American oil and gas lobby groups have hit back against Joe Biden’s freeze on new permits for LNG infrastructure, lodging a legal filing that urges the Department of Energy to reconsider the suspension....
...Oil is currently below the level seen before last week’s drone and missile attack on the Jewish state by Tehran....
...The US reimposed sanctions on oil and gas from Venezuela yesterday after finding President Nicolás Maduro’s revolutionary socialist government had “fallen short” of its commitments to hold a free and fair...
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