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...In 2014, the company recruited Magid Shenouda, a former co-head of commodities at Goldman Sachs. Shenouda was previously tipped as a possible successor to Dunand and Jaeggi....
...China’s foreign ministry did not comment directly on the negotiations but said that natural gas is an important aspect of Sino-Russian energy co-operation....
...The changes reflect chief executive Wael Sawan’s plans to keep oil production flat and expand sales of liquefied natural gas while being more selective about the types of low-carbon energy products it sells...
...Steve Hill, head of liquefied natural gas trading at Shell, will depart the company after eight years....
...The Israeli gas producer said in a statement on Wednesday that the parties had halted talks “due to the uncertainty created by the external environment” but did not explicitly reference the conflict in Gaza...
...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...
...“There is no way the US rig count grows after the recent wave of consolidation,” Conrad Gibbins, co-head of the upstream Americas business at Jefferies, told me....
...Gas pipeline owners hope the UK will encourage the use of hydrogen, which does not produce carbon dioxide emissions when it is burnt, as a replacement for natural gas for home heating....
...Privately owned Mercuria has not outlined a succession plan for CEO and co-founder Dunand, who is 63 this year....
...Almost half of Mexico’s energy mix comes from natural gas, with about 70 per cent of that demand met by the US....
...Last month, Chesapeake Energy agreed to buy Southwestern Energy for $7.4bn to create the country’s biggest natural gas producer....
...The combined company, with an enterprise value of about $24bn, will be by far the largest player in upstream US gas supply as it seeks to feed the surging demand for liquefied natural gas exports along the...
...US natural gas companies Chesapeake Energy and Southwestern Energy are closing in on a merger deal that would create the biggest single producer in the country with a combined market value of about $17bn...
...The nation overtook Qatar to become the largest exporter of liquefied natural gas in the world last year....
...Climate campaigners rejoiced last week when US President Joe Biden froze approvals for new liquefied natural gas terminals that export the fuel....
...It said domestic boilers accounted for about 18 per cent of the country’s CO₂ emissions in 2021....
...Charif Souki, a pioneer of the US liquefied natural gas industry, will receive a payout of more than $8mn after being ousted from project developer Tellurian as the company struggles to get a costly gas...
...Chevron is standing by the performance of one of the world’s largest carbon capture and storage systems at its $54bn Gorgon natural gas project in Australia despite repeated failures to meet targets for...
...Many suppliers from Asia are taking a longer route via southern Africa....
...So is using electricity directly: wholesale prices in the UK are around £60/MWh, almost three times the cost of natural gas. That is now changing....
...In January, the German and Norwegian governments agreed to co-operate on development of clean hydrogen supplies and carbon capture technology, which is similarly unproven at commercial scale....
...Domestic boilers account for about 14 per cent of the country’s CO₂ emissions. “We’ve had people with very long service eager to learn new technologies,” Hansen said. “It’s been very impressive.”...
...gains,” said Zimbabwe’s Centre for Natural Resource Governance in a report on the gas exploration project this year....
...In addition, methane, which is the main component of natural gas, is a much more potent greenhouse gas than CO₂ when it leaks into the atmosphere....
...Given low gas prices, gas-fired power plants have edged out dirtier coal production. There is a cyclical element here too....
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