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...On Wednesday he vowed to keep US Steel in American ownership, and called for higher tariffs on Chinese steel and aluminium imports in a bid to shore up support with unions....
...What is striking is that shares in US-listed gas-focused exploration and production companies have performed surprisingly well year to date....
...Lying beneath the ice North of the Arctic Circle is the largest unexplored petroleum reserve left on Earth, holding an estimated 412bn barrels of oil and natural gas....
...The US accounts for about 20 per cent of global demand, driven by the country’s reliance on big, gas-guzzling vehicles....
...We are in Switzerland on the shores of Lake Geneva for the 13th FT Commodities Global Summit....
...New drilling techniques have opened up access to enormous oil and gas reserves in North America....
...This accounts for the bulk of its 19GW of generation capacity although it also has wind, gas, biomass and solar plants in the UK, Europe and elsewhere in the world....
...Why The top floor has a terrace with a wood-burning fireplace and an outdoor terrace off the kitchen has a built-in gas barbecue....
...“Gas is the only cost-efficient energy generation capable of providing the type of 24/7 reliable power required by the big technology companies to power the AI boom,” said Doug Kimmelman, ECP founder and...
...In his Budget on Wednesday, Hunt announced an extension of the Energy Profits Levy on oil and gas companies by 12 months despite opposition from Scottish Conservatives....
...At the upcoming general election, the Scottish Conservatives are seeking to retain and target seats in the north-east of Scotland, where the economy is dependent on the North Sea oil and gas industry....
...After Russia’s invasion of Ukraine, he encouraged the growth of US LNG to shore up European supplies....
...Steve Hill, head of liquefied natural gas trading at Shell, will depart the company after eight years....
...Cadent runs about half of the UK’s eight local gas distribution networks, providing gas to 11mn homes and businesses in North West and East England, the Midlands and north London....
...The price of liquefied natural gas delivered to north-east Asia, assessed by price reporting agency Argus, has dropped 23 per cent this year, and is trading at levels last seen in 2021....
...Malte Humpert, a reporter with publication High North News that specialises in Arctic coverage, said: “Western companies were forced to pull out but Chinese companies could step in....
...The group added that “strong growth in order intake, particularly in the former gas and power business areas, leads to a rising need of guarantees for long-term projects.”...
...The UK’s decision to slap oil and gas producers with a windfall tax in 2022 prompted warnings that the North Sea faced being taxed “to death”....
...The chief executive of Ithaca Energy has quit the North Sea oil and gas producer, exiting as the group tries to rebound from a lacklustre first year as a public company....
...and data company ICIS....
...Brent Berg, president and chief executive of Rare Element Resources, a minerals company, will join Uranium Energy Corp, a North American uranium company, as senior vice-president of US operations....
...He vowed to “rescue” the company and halted oilfield tenders....
...“From Narva [in Estonia] to Nuuk [in Greenland] east-west, and Kirkenes [in Norway] to Kraków [in Poland] north-south,” as Bildt defined....
...The short-term swings on Friday showed the markets were in an “agitated” state, said Viktor Katona, head of oil analysis at Kpler, an energy data and research company....
...Taking a step back: in its heyday about a decade ago, shale’s ability to rapidly increase output meant that as prices rose, a proliferation of drillers from Texas to North Dakota could open the taps to take...
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