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...With the world transitioning away from oil and gas, offshore wind presents a big opportunity for the UK economy....
...Speaking to the FT from Abu Dhabi’s main hydrocarbon conference, Jaber also called for the oil and gas industry to scale up and commercialise carbon capture, utilisation and storage (CCUS), a technology...
...Jaren KerrI think the cancellation really sent a message to the oil and gas industry that if they wanted to basically get more money for their oil, it was really important that they complete another project...
...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....
...countries such as Russia, which now faces international sanctions and a price cap on its oil over its invasion of Ukraine....
...“It is less clear that they are champions of the oil and gas sector.”...
...The MSP for Skye, Lochaber and Badenoch said opportunities from the “just transition” — the shift away from Scotland’s legacy oil and gas industry into renewable energy — were “enormous”....
...The SNP counters that Scottish GDP performance would be bolstered if its share of North Sea oil and gas revenues were included; Scotland’s lack of control over them has been a historic nationalist grievance...
...agreement to buy the oil producer for $53bn could be disrupted by ExxonMobil and the China National Offshore Oil Corporation Shares of Constellation Energy jumped more than 16 per cent to a record high...
...Slater said the SNP had repeatedly let down the Green party’s attempts to introduce a “fairer, greener Scotland”, including in policies on oil and gas and the country’s 2030 emissions reduction targets....
...The economic benefit to Scotland’s maritime economy from salmon production is second only to oil and gas....
...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....
...We start with the oil and gas sector that is due to wrap up a bumper earnings season this week....
...In a report this month, oil and gas supermajor Shell forecast global demand for LNG would climb by more than 50 per cent to reach 625mn to 685mn tonnes by 2040, and would continue to grow during that decade...
...Global emissions, which continue to soar as oil and gas production hits a record, are estimated to rise another 2 per cent this year....
...Lawyers from British firm Clifford Chance will argue that the ruling compelling the oil and gas company to slash its emissions by 45 per cent by 2030, relative to 2019, had no legal basis and overstepped...
...In 2020 he and his wife, who also works in the Pennsylvania gas industry, were laid off during the pandemic....
...Oil and gas companies also committed to invest in renewable energy and low-carbon fuels, and to enhance their reporting of emissions....
...The cartel has become much more aggressive in opposing any threat to oil and gas production in the past year....
...“In terms of the construction . . . the sanctions, I don’t think have worked,” said Ben Seligman, a project specialist for Arctic oil and gas development....
...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....
...COP28 is likely to host a fierce debate over emerging economies’ continued reliance on polluting fossil fuels, including coal, oil and gas....
...All eligible assets from Glencore, as well as those from oil and gas companies Repsol, BP and Shell, were issued by their financial subsidiaries, effectively exempting them from the ECB’s proposed limit....
...“And the west from that perspective has a shorter time horizon, whether it’s corporations that have to deal with the psychology and emotions of shareholders or governments that have election cycles.”...
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