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...produced by a working group that he chaired in 2022....
...But the industry still struggles to be commercially viable even there....
...Gas and power trading has overtaken oil as the biggest source of profits in the sector, contributing almost half of the industry’s gross earnings in 2022, according to Oliver Wyman....
...The FTC is permitting the deal to go ahead, to the huge relief of the industry — and the horror of progressives....
...It also reports the industry pushed gas, made mainly from methane, as a clean fuel while “internally acknowledging that there is significant scientific evidence that the lifecycle emissions from gas are...
...Chief executive Patrick Pouyanné will report in September whether he thinks the French oil major should shift its primary listing to New York....
...markets industry....
...The expansion speaks to the persistence of Canada’s oil industry, the world’s fourth largest by production volume....
...In reference to your front page article “Norway oil fund boss says Europe trails America on toil and risk” (Report, April 25), while I respect Nicolai Tangen, the chief executive of Norway’s oil fund, and...
...Datapoints Big Oil has boomed under Biden as company profits skyrocketed to unprecedented levels. So why does the oil industry hate him?...
...The UK government says it is “working closely with industry to maintain our ambitious timetable” and Britain is “well-positioned to be a world leader” in the emerging industry, with the North Sea potentially...
...“The [oil and gas] sector are looking at plastic as being the next opportunity for the industry . . ....
...In its latest annual report, Equinor stated the long-term oil price assumptions that it was using in its strategic planning....
...The OGCI report focuses on the group’s engagement with national oil companies and joint venture partners with extensive fossil fuel infrastructure and the use of satellite monitoring through its partnership...
...The government first proposed plans for pension dashboards in 2016, arguing the new online tool could benefit millions of savers who find it hard to keep track of multiple pension pots built up over a working...
...The IEA report played down longer term supply concerns, saying that while the 22 countries in the wider Opec+ group had been cutting production, removing close to 2mn b/d from the market since the end of...
...However, he said that Pemex would “keep working with private companies,” adding it would soon announce a private partner for a major deepwater gasfield in the Gulf of Mexico called Lakach....
...The industry is moving backwards, we need to push forward.”...
...Engineers working from home worsened the sweeping disruption that caused the UK’s air traffic control system to fail over the August bank holiday weekend, according to a review commissioned by the aviation...
...Among European oil majors, BP is second behind TotalEnergies in the value of its renewable energy assets, according to a February report from Goldman Sachs....
...And it’s not just that we want to be buying back at a $90 or $85 oil price, we need to also think about how we can be buying back shares at $50 [oil]....
...When the bank published its new climate policy in February, it cited the IEA report as it announced it would restrict financing specifically for non-diversified oil and gas companies that were investing...
...and gas industry....
...Curbing exports from Tehran will be difficult: the country is exporting more oil than at any time in six years, our energy editor Malcolm Moore reports....
...The US-led oil price cap on Russia’s oil sales — one of the key western economic sanctions against Moscow — “is obviously not really working terribly effectively”, Baldwin noted, adding more work was needed...
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