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...LNG plants are big consumers of shale gas produced in areas such as western Pennsylvania — and drillers were banking on a wave of new planned projects to buy more fuel in future....
...Troost had long claimed he had no management role in Paramount DMCC and that, as a separate legal entity incorporated in the UAE, its activities were not subject to western restrictions....
...China relies on Iran for about a tenth of its oil imports but processes the oil not through its state-owned oil and gas companies but through smaller, private, refineries....
...Western officials postponed a vote on renewing the expert panel last week after Russia and China made proposals to water down its mandate, the people said....
...Gas dependency has not proved to be the weapon Putin envisaged during the mid-2010s when he sought to control central and southern Europe by reconfiguring transit from the second Nord Stream pipeline under...
...A Russian liquefied natural gas project subject to US sanctions is close to exporting its first cargo after Chinese expertise filled the technical and logistical void left by western companies....
...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....
...“There was a big shift against natural gas, of course, when the price was very high, and it was seen as unreliable....
...Qatar plans to further increase its liquefied natural gas (LNG) production capacity following the discovery of vast new gas reserves, as it looks to tap surging demand from China and other Asian nations....
...Italy, still buying Russian pipeline gas in 2023, has declared it will finally “kick the habit” in 2024 as more Algerian piped gas and global liquefied natural gas become available....
...But it said Wood’s share price was struggling under the “UK mid-cap curse”. UK stocks have not kept up with the valuations of US peers, causing frustration among executives and investors....
...The bloc was plunged into an energy crisis in 2022, with natural gas prices rising to record highs over the summer as Moscow slashed supplies....
...Almost half of Mexico’s energy mix comes from natural gas, with about 70 per cent of that demand met by the US....
...imposed by western powers to try to crimp Moscow’s oil revenues....
...from western Europe”....
...“I have trouble believing that things would escalate to the point where Hormuz becomes a problem for global oil and [liquefied natural gas] flows.” Another force in the market is Opec+....
...However, the ESO frequently ends up buying electricity from other sources, such as gas-fired power plants, even when batteries are available....
...Diamondback Energy’s $26bn deal for rival Endeavor Energy this week brought to almost $180bn the value of an oil and gas dealmaking spree that has reverberated across the US shale patch since the beginning...
...Acer, the EU’s energy regulator, warned that the bloc still needed to import Russian liquefied natural gas to avoid an energy shock, even as Nordic and Baltic nations argued for an outright ban of purchases...
...The nation overtook Qatar to become the largest exporter of liquefied natural gas in the world last year....
...It follows another case in which a group of land owners in West Virginia alleged natural gas producer EQT had fraudulently transferred 700 ageing wells to Diversified Energy to avoid clean-up responsibilities...
...Total had contested the accuracy of estimates of greenhouse gas emissions....
...The liquefied natural gas industry is about to enter a boom....
...Saudi Arabia expects to free up a further 1mn b/d of oil for export by displacing liquid fuels used in the kingdom for power generation with gas, the person added....
...European natural gas prices jumped on Monday after Egypt, a supplier of liquefied natural gas to Europe, said over the weekend that its gas imports had halted, adding to fears over supply....
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