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...Before then gas was largely considered an unwanted byproduct of oil production and was usually flared on site. The LNG industry has been built on “reliability [and] long-term security” Sawan added....
...North America at Air Liquide, the French industrial gas company....
...This follows discussions with other oil and gas company chief executives, including BP’s Bernard Looney, about climate change plans, as they scale back earlier plans to reduce the amount of oil and gas produced...
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
...In its most recent financial results, BP said it expected oil production to increase and production from natural gas and low-carbon energy “to be slightly lower”....
...At the COP28 climate conference in December, companies representing about a third of global oil and gas production including ExxonMobil, TotalEnergies, BP and Shell pledged to stop routine flaring of excess...
...US oil and gas production have smashed fresh records in recent months and the country now pumps more than any other nation in history....
...(Christine Murray) Power Points Activist investor Bluebell Capital Partners has called on BP to ditch its commitment to cut oil and gas output. Read this FT scoop for the full details....
...Oil majors Shell and BP offer scholarships and apprenticeship programmes to lure more young people to the sector....
...Ethylene is produced from hydrocarbons derived from oil and natural gas and is a feedstock for the most widely used plastic, polyethylene....
...Yet the mood in the Middle East, a critical global supplier of oil and gas, remains grim....
...oil and gas production....
...Both companies count LNG as their main product but also produce crude oil and pipeline gas from their operations....
...Surging petrochemical production in the US and China is making new plastic cheaper than recycled material....
...“It is fair to assume that virtually every company focused on oil and gas exploration, production and refining is continuously looking to expand its oil and gas activities,” said Hortense Bioy, global director...
...and gas deal now.”...
...The company is betting that its expertise in drilling, pumping and processing oil and gas will give it a competitive advantage in lithium produced from salty brines....
...A flurry of big M&A deals in the late 1990s and early 2000s condensed control of US oil and gas production into the hands of fewer players as BP absorbed Amoco and Arco, Chevron swallowed Texaco and Exxon...
...Lithium is in the company’s ‘wheelhouse’ Unlike its European rivals such as Shell or BP, Exxon has long resisted calls to diversify into wind and solar....
...Its rise comes as the world plots a move away from fossil fuels, climate campaigners object to the very principle of further oil and gas development, and opponents worry about oil companies’ chequered history...
...Saudi Aramco, ExxonMobil and BP were among 50 of the world’s top fossil fuel producers to sign the “oil and gas decarbonisation charter”, a voluntary agreement to stop routine flaring of excess gas by 2030...
...Farming and forestry account for almost a quarter of global greenhouse gas emissions and a hefty chunk of the scope 3 emissions of food manufacturers and retailers originate on farms....
...oil and gas....
...The phrase was a clear reference to fossil gas. Investors in Exxon and other major oil and gas companies have had a fine time of late....
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