Hints and tips:
Related Special Reports
...because of “the profound changes in both the US and global natural gas markets”....
...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....
...Rising shale supplies also helped keep the lights on in Europe following Moscow’s full-scale invasion of Ukraine in 2022, with shipments of US liquefied natural gas — previously labelled “molecules of US...
...But Equinor is still first and foremost an oil and gas company....
...At Total, he has maintained a strategy of pursuing profitable oil projects while shifting more into gas as the company’s core fossil fuel....
...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....
...existing natural gas infrastructure....
...Oil and gas executives were the most likely to share this view....
...While expanding oil and gas markets is an unequivocal reason of state for Putin, it is not in Washington....
...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....
...There is so much natural gas in west Texas that prices in March turned negative....
...Europe’s energy crisis began in 2021 as the region exited a prolonged cold winter with low natural gas storage levels....
...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....
...A surge in demand for electricity to feed data centres and to power an artificial intelligence revolution will usher in a golden era for natural gas, producers say....
...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....
...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....
...Of the 10bn barrels, not all will be oil; some will be less valuable natural gas. Even then, Galp will probably only extract a third of that available oil....
...Liquid natural gas prices rose 300 per cent, but they are now back down at pre-invasion levels. The S&P 500 fell 18 per cent in 2022 but recovered quickly in 2023....
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...“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....
...From the 1970s until the 2000s, the Soviet Union and then Russia priced natural gas to displace the competitor — fuel oil in industry and heating oil in domestic heating....
...US natural gas prices have plunged to a near-three-decade low as what is set to be the country’s warmest winter on record slashes demand for the heating fuel just as production surges to record levels....
...“Oil and natural gas are projected to remain essential parts of the energy supply mix in coming decades across a broad range of transition scenarios....
...“That points to one thing, which is we’re headed towards higher oil prices. It’s not a question of if, it’s a question of when.”...
...Since the Latin American country decided, in the 1970s, to reduce its dependence on imported oil and gas, ethanol has played a crucial role in Brazil’s energy mix....
International Edition