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...Some local activists in Louisiana and Texas are also protesting against LNG expansion....
...Dozens other LNG projects have been proposed, most of them for them around the Texas-Louisiana border....
...Sixteen red states including Texas, Louisiana and Florida also last month sued the federal government over its decision to freeze approvals for new export terminals for liquefied natural gas along the US...
...“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....
...“Our dependency on fossil fuels has been harming and killing and causing suffering for communities and people for decades,” said James Hiatt, an activist from south-west Louisiana....
...If it completes its Plaquemines and CP2 projects, also in Louisiana, Venture Global will have an export capacity of more than 65mn tonnes of gas a year, second only to the nation of Qatar, which can produce...
...We start with the oil and gas sector that is due to wrap up a bumper earnings season this week....
...For example, investors in 2023 filed shareholder proposals at the six biggest US banks to phase out new fossil fuel development....
...“[Guyana] was one of the most successful deepwater developments in the history of the industry....
...The US has already sanctioned Russia’s flagship Arctic LNG 2 project, but the country has other big projects, either planned or under development....
...Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation, which are asserting their right to pre-empt its purchase...
...South Africa’s Public Investment Corporation, a manager of government employee pension assets that is Anglo’s largest shareholder, said it would assess any offers presented to shareholders....
...Yet the mood in the Middle East, a critical global supplier of oil and gas, remains grim....
...Robb said electricity networks stretching down the centre of the country from Minnesota to Louisiana already faced “high risk” of outages, particularly during severe weather events....
...China has also stepped up its support of fusion research, creating a consortium in December, led by the China National Nuclear Corporation, to advance the development of fusion energy in the country....
...The group said it would continue to invest in Nigeria, focusing on its deepwater oil operations and integrated gas business....
...Last year, the US surpassed Australia to become the largest exporter of liquefied natural gas....
...The US Department of Energy said on Friday that it had chosen two “direct air capture” hub developments in Texas and Louisiana as recipients for the funding, one of which is being built by oil company Occidental...
...South Africa’s government employee pension fund is Sasol’s biggest shareholder, with a stake of more than 13 per cent, followed by more than 8 per cent held by a state development body....
...Natural Gas Services Group appointed Justin Jacobs as chief executive of the Midlands, Texas-based gas equipment provider, effective February 12, last week....
...The 65-year-old from the central state of Madhya Pradesh has a house, free monthly bags of rice and wheat, and cooking gas thanks to handouts from Narendra Modi’s government....
...Speaking in the weeks before Chevron agreed to buy US oil and gas producer Hess Corporation in a $53bn deal, Wirth said his company would seek to engage with critics “to be part of the solution”....
...Icahn bought a stake in Cheniere in 2015 and promptly put a stop to a development that he viewed as risky and expensive....
...Vanguard, the world’s second-largest asset manager, pulled out of the Net Zero Asset Managers initiative, a coalition of 301 investors committed to reducing greenhouse gas emissions....
...In Louisiana, the liquefied natural gas developer Venture Global committed to a big expansion to an export plant it is constructing....
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