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...In 1973 and 1979 war in Israel and turmoil in Iran twice ruptured the oil market, triggering an inflationary surge that sapped western economies and unseated a US president....
...Last year, Eni paid $4.9bn for London-headquartered oil and gas producer Neptune Energy in what was the largest cash deal in almost a decade for the European energy sector....
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...Oil and gas executives were the most likely to share this view....
...Richard LowesResearch Fellow, University of Exeter and Senior Associate, Regulatory Assistance Project, Falmouth, Cornwall, UK...
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...What this misses is the fact that renewable projects carry far less risk than oil and gas projects, particularly once power prices and costs have been contracted for 20 years or more, and that they are able...
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...“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....
...But an influx of gas well into the next decade would be an unhelpful headwind for the energy transition — and a chill wind for the oil and gas majors trying to sell it....
...gas to Asia. — Jamie Santos’ Barossa gas project faces doubts despite legal win G’day from Sydney....
...The oil and gas windfall tax will be extended one year until 2029, Jeremy Hunt has announced....
...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...
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...The hedge fund argues that BP’s return on investment in renewable energy is far below what it can achieve from oil and gas....
...Flynn warned that an extension, which would impact Scotland’s oil and gas extraction industry, risked converting Scottish Tories into nationalists....
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