Hints and tips:
Related Special Reports
...to Italy’s Eni, which is also expanding its oil and gas production....
...because of “the profound changes in both the US and global natural gas markets”....
...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....
...fell and crude oil stabilised....
...oil and gas assets in the ageing basin....
...Ithaca could acquire all of Eni’s UK upstream oil and gas assets in exchange for new Ithaca stock. Eni would hold 38 to 39 per cent of the enlarged group under the limited details released so far....
...Ithaca has been granted a four-week exclusivity period to bid for the UK upstream assets of Italian major Eni, in what would be a major deal among North Sea oil and gas producers....
...The company cited a drop in gas and oil prices for a performance that it said was still “excellent” given a volatile environment....
...Eni decided to let Plenitude, its renewable power and energy retail business, ripen a bit. The Italian oil major had intended to list Plenitude in 2022 at a mooted valuation of up to €7.5bn....
...But Equinor is still first and foremost an oil and gas company....
...Oil and gas executives were the most likely to share this view....
...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....
...But sharp falls in natural gas prices and reduced oil refinery margins dented their earnings in the first three months of the year, causing both companies’ shares to dip in early trading....
...Profits for the biggest US oil and gas producers have almost tripled under President Joe Biden, even as the industry berates his administration’s “hostile” policies....
...award new oil and gas exploration licences....
...The growth was driven by gas and liquefied natural gas volumes, which grew by 19 per cent and 24 per cent respectively....
...Chevron’s first-quarter earnings beat analysts’ expectations but were lower than a year ago due to lower international natural gas prices and reduced margins in its refinery business....
...“It’s clear that in the energy and the oil and gas field, US shareholders are buying the shares and European shareholders are not buying in the same way,” Pouyanné said....
...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....
...Oil and natural gas bring in about 90 per cent of Azerbaijan’s export revenues and finance about 60 per cent of the government budget, according to International Energy Agency figures....
...Flynn warned that an extension, which would impact Scotland’s oil and gas extraction industry, risked converting Scottish Tories into nationalists....
...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...
...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)....
...While expanding oil and gas markets is an unequivocal reason of state for Putin, it is not in Washington....
International Edition