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US presidential election 2024
Josh Shapiro warns Joe Biden gas stance could hurt election hopes
...because of “the profound changes in both the US and global natural gas markets”....
April 7, 2024
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...of the US gas export industry....
March 21, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Opec
Global oil market likely to be ‘extremely tight’, says Citadel
...If Opec+ decides not to release supplies, “we will see a level of tightness in the market that will be very constraining to the market, and high prices will have to go and help destroy demand to solve that...
April 8, 2024
Moral Money
Equinor: A case study on the trouble with greening oil and gas companies Premium content
...But Equinor is still first and foremost an oil and gas company....
April 24, 2024
Shale Oil & Gas
How US shale keeps sheltering America from the next oil price surge
...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....
April 23, 2024
Energy sector
Commodity traders bet on big data and AI
...Richard Holtum, head of gas, power and renewables at Trafigura, said his team “uploads several billion discrete bits of data into the cloud” every day....
April 21, 2024
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
Budget 2024: As it happened
Oil and gas windfall tax extended
...The oil and gas windfall tax will be extended one year until 2029, Jeremy Hunt has announced....
March 6, 2024
Charif Souki
Gas pioneer Charif Souki ordered to repay $100mn after loan default
...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....
April 2, 2024
Budget 2024: As it happened
SNP criticises expected oil and gas windfall tax
...Flynn warned that an extension, which would impact Scotland’s oil and gas extraction industry, risked converting Scottish Tories into nationalists....
March 6, 2024
Energy Source
New oil and gas projects expected to grow despite IEA warning Premium content
...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...
March 28, 2024
LexGalp Energia SGPS SA
Galp will set off Big Oil dealmaking with its Namibian find Premium content
...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)....
April 23, 2024
Helen Thompson
Geopolitics lurks behind Europe’s gas storage success
...While expanding oil and gas markets is an unequivocal reason of state for Putin, it is not in Washington....
April 8, 2024
Climate change
Google joins satellite mission to scan globe for methane leaks
...The oil and gas industry has begun taking steps to tackle methane emissions, as the US and other nations move to implement financial and other penalties....
February 14, 2024
LexNatural gas
The worst of the gas glut is over for US drillers Premium content
...Three regions produce 61 per cent of the country’s natural gas: Appalachia, the Permian and the Haynesville (mostly east Texas and Louisiana)....
April 8, 2024
Budget 2024: As it happened
Scottish Conservatives criticise oil and gas windfall tax extension
...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....
March 6, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Energy Source
Oil and gas executives expect slower transition to net zero Premium content
...Oil and gas executives were the most likely to share this view....
March 14, 2024
EU energy
EU exits winter with gas storage at record levels
...The EU’s decision to increase imports of LNG and introduce gas-saving measures were “very important” for the EU, she added....
April 2, 2024
US presidential election 2024
Biden’s energy policies are fuelling Trump’s campaign in Pennsylvania
...In 2020 he and his wife, who also works in the Pennsylvania gas industry, were laid off during the pandemic....
April 21, 2024
Moral Money
Is synthetic natural gas any better than the real thing? Premium content
...Whereas Turn2X and Terraform are focused on supplanting natural gas, TES also aims to use synthetic natural gas as a “hydrogen carrier”....
April 3, 2024
Markets InsightRobert Buckland
On markets and geopolitics, it is a mistake to forget about shale
...New drilling techniques have opened up access to enormous oil and gas reserves in North America....
April 15, 2024
Markets
Oil market shrugs off Israeli strikes on Iran
...Oil is currently below the level seen before last week’s drone and missile attack on the Jewish state by Tehran....
April 19, 2024
News updates from February 27: McKinsey touted its advice to Chinese government, EU parliament bars Amazon lobbyists
US oil and gas lobby challenges Biden LNG pause
...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....
February 26, 2024
News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger
US oil and gas lobby challenges Biden LNG pause
...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....
February 26, 2024
News updates from March 18: Biden warns Rafah invasion would be ‘a mistake’; Nvidia unveils ‘superchip’
Saudi Aramco CEO says world should ‘abandon the fantasy’ of phasing out oil and gas
...“We should abandon the fantasy of phasing out oil and gas, and instead invest in them adequately, reflecting realistic demand assumptions,” he said....
March 18, 2024
Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...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....
April 23, 2024

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