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...Rising shale supplies also helped keep the lights on in Europe following Moscow’s full-scale invasion of Ukraine in 2022, with shipments of US liquefied natural gas — previously labelled “molecules of US...
...The writer is professor of political economy at the University of Cambridge and author of ‘Disorder: Hard Times in the 21st Century’ The assumption that Europe could not forsake Russian natural gas did...
...The EU’s energy regulator has warned the bloc still needs to import Russian liquefied natural gas to avoid an energy shock, even as a group of member states seeks to ban purchases of the fuel from Moscow...
...The White House’s decision to pause approvals for new liquefied natural gas projects has angered the shale gas industry, a big employer in Pennsylvania....
...Europe’s energy crisis began in 2021 as the region exited a prolonged cold winter with low natural gas storage levels....
...Charif Souki, a pioneer of the US liquefied natural gas industry, has been ordered to repay $100mn to his lenders months after he was ousted from his latest venture....
...“As we enter the global era of natural gas, it is imperative for US natural gas companies to evolve their business models to compete on the global stage,” Rice said....
...From the 1970s until the 2000s, the Soviet Union and then Russia priced natural gas to displace the competitor — fuel oil in industry and heating oil in domestic heating....
...ExxonMobil in October announced a $60bn deal to buy Pioneer Natural Resources, the largest oil producer in Texas. Shortly afterwards, Chevron unveiled a $53bn acquisition of US oil company Hess....
...It has its own $60bn, all-stock deal for Pioneer Natural Resources in Texas. Acquiring the Hess portion of Stabroek would involve, among other things, paying off Hess’s capital gain taxes....
...“It’s split into this very natural dependency because Texas is so competitive with its natural gas, and it makes so much more sense for Mexico to import . . . than it does for it to actually harness its...
...Its own financials were not disclosed but Endeavor should contribute about 43 per cent of overall oil and gas production....
...Hello and welcome back to Energy Source — coming to you from Texas today....
...West Texas Intermediate crude settled at $78 a barrel on Tuesday....
...Last month, Chesapeake Energy agreed to buy Southwestern Energy for $7.4bn to create the country’s biggest natural gas producer....
...groups said the White House freeze on liquefied natural gas permits had “significantly” lowered their expectations for production five years from now....
...Scott Sheffield, chief executive of Pioneer Natural Resources, the biggest producer in Texas, said in a December interview that last year’s increases meant there was a “good chance” output would now reach...
..., referring to Saudi Aramco’s remarks earlier this week calling the phase out of oil and gas a “fantasy”....
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...Steve Hill, head of liquefied natural gas trading at Shell, will depart the company after eight years....
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