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...Speaking to the Financial Times, Jaber — who is also head of the Abu Dhabi National Oil Company, one of the world’s biggest oil and gas groups — said he is in talks with fossil fuel producers about an initiative...
...Top oil industry executives have hit out at US President Joe Biden’s decision to pause approvals for new liquefied natural gas export terminals, with Shell’s CEO warning it will “erode confidence” in an...
...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....
...“It is less clear that they are champions of the oil and gas sector.”...
...It comes amid a broader surge in merger and acquisition activity in the US oil and gas industry, as companies place bets on the future of the energy mix and appetite dwindles to build new pipelines amid...
...The economic benefit to Scotland’s maritime economy from salmon production is second only to oil and gas....
...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...
...Ambani’s long-running strategy is to diversify Reliance, one of India’s largest conglomerates, beyond its core assets in oil and gas refining into consumer-facing digital businesses....
...Global emissions, which continue to soar as oil and gas production hits a record, are estimated to rise another 2 per cent this year....
...In securities filings this week, US oil company Chevron disclosed a potential hang-up for its pending $53bn all-stock acquisition of smaller rival, Hess Corporation....
...The companies, which represent about a third of global oil and gas production, also pledged to stop routine flaring of excess gas and to eliminate almost all leaks of methane, a potent greenhouse gas, by...
...Access to some of Guyana’s 11bn barrels of offshore oil was a key rationale for Chevron’s acquisition of Hess announced last year....
...The cartel has become much more aggressive in opposing any threat to oil and gas production in the past year....
...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....
...The dispute between the two US oil supermajors has dominated discussions both on and offstage at CERAWeek, an annual gathering of the biggest names in the oil and gas industry....
...Shell, TotalEnergies and Portugal’s Galp have made a series of discoveries of oil (and some gas) off the coast of the south-west African country in the past two years....
...The potential tie-up comes as a wave of merger and acquisition activity sweeps across the US oil and gas sector as companies look to build scale and bulk up on dwindling prime drilling acreage....
...The party is targeting six more seats in north-east Scotland, where many oil and gas workers are worried about the energy transition, as well as the south....
...But an ill-timed move into oil ultimately led to its bankruptcy when the Covid-19 pandemic crushed fuel demand in 2020....
...COP28 is likely to host a fierce debate over emerging economies’ continued reliance on polluting fossil fuels, including coal, oil and gas....
...of a stake in a Guyana oil project that is central to the deal....
...Oxy says it can break even with oil at $40 a barrel. Without cost cuts this is a slightly pricey deal....
...Oil and gas companies in the US and Canada tend to attribute a far greater portion of executive pay packets to incentives than their European counterparts....
...The deal is the latest in a series of transactions in the oil and gas sector as large energy companies seek to capitalise on their strong balance sheets and equity value to buy smaller rival assets....
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