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...He said there would be “continued demand” for oil and gas, and advocated for a “continuum where in some places you will completely replace the combustion of oil and gas and coal, and other places you’ll...
...But, he warned, deals should “remain limited to matters of clear national security concern, so not to disrupt the efficient allocation of resources that markets can provide”....
...gas capital....
...The recent profit bonanza was driven in part by Russia’s full-scale invasion of Ukraine, which pushed up oil and gas prices....
...Ithaca could acquire all of Eni’s UK upstream oil and gas assets in exchange for new Ithaca stock. Eni would hold 38 to 39 per cent of the enlarged group under the limited details released so far....
...Venezuela has the world’s biggest oil reserves, as well as abundant natural gas....
...Labour has adopted a tougher approach to the oil and gas industry than the government....
...Sandhya Ganapathy, head of EDP Renewables North America, called the statements by oil and gas executives a “limited” view of the role renewables will play in the future....
...if global warming was to be limited to within internationally agreed levels....
...Other industry groups condemned Biden’s move — not only oil and gas producers but also the American Gas Association, a trade group for utilities that deliver fuel to end consumers....
...Saudi Arabia’s production cuts have also limited the availability of similar oil that could be a “typical replacement” for Russian crude, he added....
...Other options at the administration’s disposal are limited. But those in the know say they are keeping their options open....
...Progress is not limited to the supply side of energy markets....
...Climate litigation “is not coming up in conversations”, says Oswald Clint, an oil and gas analyst at research company Bernstein. Several factors might explain the lack of investor concern....
...It is the Dutch executive’s first corporate role since stepping down as head of the oil and gas major at the end of 2022....
..., referring to Saudi Aramco’s remarks earlier this week calling the phase out of oil and gas a “fantasy”....
...Some country delegations include oil and gas company representatives — such as TotalEnergies and EDF being guests of France, or Eni of Italy....
...and gas exploration licences....
...That pace of expansion won’t continue: even oil majors have limited appetite for new multi-decade assets given the uncertainties over fossil fuel demand....
...The US bank said efforts to cut back the use of coal, oil and gas had been hit by higher interest rates and inflation, as well as the wars in Ukraine and the Middle East....
...Oil prices dropped sharply on Monday as Saudi Arabia’s decision to cut its official selling price for oil exports in February overshadowed heightened tensions in the Middle East....
...“The transition is not limited to just wind, solar and EVs,” he said. Other energy companies are also looking to convert oil refineries for biofuels production....
...Universities also are facing pressure to include social imperatives in their decision making (Princeton, for example, no longer invests in publicly traded oil and gas companies)....
...Myles McCormickAnalysts’ take on it is that fundamentally, whoever the occupant of the Oval Office is has a limited impact on the profit that oil and gas companies make in the near term....
...The impact in terms of preserving jobs and tax receipts, and displacing “dirtier” imports of liquefied natural gas, is likely to be limited....
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