In a rapidly evolving energy landscape, major oil companies are shedding weight to stay competitive amid fluctuating crude prices, mergers and acquisitions, and technological disruptions. As highlighted in a recent Wall Street Journal piece, giants […]
In recent years, the environmental, social, and governance (ESG) movement has reshaped the investment landscape for the oil and gas industry. While ESG criteria often cast fossil fuels in a negative light, making them nearly […]
In a move signaling a strategic pivot amid rising debt and fluctuating energy markets, TotalEnergies has announced significant reductions in its capital expenditure (CapEx), with cuts exceeding $1 billion annually starting in 2026, and earlier […]
Global oil and gas majors are increasingly focusing on frontier regions and technically challenging areas to find new conventional oil and gas, driven by shrinking reserves and rising demand. Companies like ExxonMobil, TotalEnergies, Chevron, BP, […]
In the wake of geopolitical shifts and Europe’s ongoing quest for energy security, U.S. oil supermajors are ramping up their presence in the liquefied natural gas (LNG) market. Companies like ExxonMobil and Chevron are expanding […]
According to a statement issued last week, Carney included LNG Canada Phase 2 in Kitimat on his list of the first five “major projects” his government would help fast-track. The statement noted that this project […]
Hungary’s foreign minister Peter Szijjarto announced the signing of the deal last week during the Gastech exhibition and conference in Milan, Italy. The agreement is for two billion cubic meters of natural gas for ten […]
Turkey’s Energy Minister Alparslan Bayraktar said via his social media channels that the deals were signed on Tuesday during the Gastech exhibition and conference, currently being held in Milan, Italy. Under the agreement with BP, […]
Under the deal with Shell International Trading Middle East, Edison will receive around 0.7 mtpa of LNG from the US, starting in 2028 and continuing for up to 15 years, according to a statement by […]
In a stunning blow to global climate finance efforts, the Net-Zero Banking Alliance (NZBA)—the world’s largest climate coalition for financial institutions—has suspended its operations and is now polling remaining members on whether to dismantle its […]
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