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...the shale gas industry is a major employer....
...In December, Swiss-headquartered Gunvor, majority owned by Swedish billionaire Torbjörn Törnqvist, agreed to buy a gas-fired energy plant in Spain from BP....
...But Equinor is still first and foremost an oil and gas company....
...The regulated gas networks of Great Britain — the companies that own and operate the gas assets which move gas around the country — function under a similar regulatory model to the water industry....
...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....
...European companies’ sheer ability to pay secured new contracts as well as spot purchases from the US and Qatar....
...What is striking is that shares in US-listed gas-focused exploration and production companies have performed surprisingly well year to date....
...The US accounts for about 20 per cent of global demand, driven by the country’s reliance on big, gas-guzzling vehicles....
...Last week Russia attacked an underground storage site, although “the situation will not critically impact” operations, according to Naftogaz, the state energy company....
...She added that Russia’s invasion of Ukraine, while delivering a huge boost to the liquefied natural gas market that drove record profits for the Australian company, had also stalled momentum for the development...
...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....
...The company pointed to Japan, where city gas utilities had set a target of using 90 per cent SNG by 2050....
...“Gas is the only cost-efficient energy generation capable of providing the type of 24/7 reliable power required by the big technology companies to power the AI boom,” said Doug Kimmelman, ECP founder and...
...“As we enter the global era of natural gas, it is imperative for US natural gas companies to evolve their business models to compete on the global stage,” Rice said....
...The writer is chief strategist global gas at S&P Global Commodity Insights Will Europe go back to Russian gas? The EU has vowed to give up once and for all its “addiction” to Russian gas, but will it?...
...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....
...Shell has weakened some of its climate targets to accommodate plans to keep growing its giant gas business, ditching a 2035 greenhouse gas emissions reduction target even as it maintained a net zero goal...
...Steve Hill, head of liquefied natural gas trading at Shell, will depart the company after eight years....
...The deal follows a wave of merger and acquisition activity in the US oil and gas sector, as companies seek to acquire dwindling drilling acreage....
...Sunnova appointed Paul Mathews as executive vice-president and chief operator officer of the residential solar company....
...A dozen of the world’s biggest oil and gas companies are expanding a satellite monitoring campaign to detect methane emissions in emerging economies following detection of 26 large leaks of the planet-warming...
...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....
...Scottish Secretary Alister Jack said it was “right” for some of the “huge” profits made by energy companies after the invasion of Ukraine to be returned to the Treasury to support better public services....
...Companies such as SSE and Czech billionaire Daniel Křetínský’s EPH already have plans for new gas plants — although it is suggested these could be decarbonised through technologies such as carbon capture...
...A Russian liquefied natural gas project subject to US sanctions is close to exporting its first cargo after Chinese expertise filled the technical and logistical void left by western companies....
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