The momentum for U.S. LNG right now is powerful. With Europe’s efforts to wean itself off Russian natural gas boosting long-term LNG demand and Asian consumption expected to grow even further, there has been a […]
LONDON, Aug 24 (Reuters) – Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and to a record quarterly high, data showed […]
The ESG investment trend in private equity remains strong in 2022. PE Investors are concerned about the long term profitability of oil and gas portfolios. As oil and gas prices soared over the past year, […]
Leaders of a powerful US congressional committee asked the heads of four large cryptocurrency mining companies to share data on their energy usage and what resources meet their electricity demand amid concerns that the energy-intensive […]
Unions at Shell Plc’s Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year […]
Underinvestment in oil and natural gas supply could threaten global energy security and decarbonization efforts over the coming years, according to the CEO of Saudi Arabia’s state-owned oil behemoth. Saudi Arabian Oil Co. (Aramco) CEO […]
NEW YORK, Aug 17 (Reuters) – U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with […]
Ordinance would prohibit new oil and gas extraction and phase out existing extraction operations Last week the Los Angeles City Planning Department released a draft ordinance that would prohibit new oil and gas extraction, phase […]
US shale oil producers are in line to suffer more than $10 billion in derivative hedging losses this year if oil prices remain around $100 per barrel, Rystad Energy research shows. Many shale operators offset […]
Shale stocks aren’t plunging along with crude oil benchmarks Capex and production discipline among U.S. shale producers have kept investors content The effects of this selloff will likely soon disappear as the panic subsides with […]
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