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Energy › LNG

Shell To Hike Dividend After Another Very Strong Quarter

OilPrice.com | Oct 27, 2022 at 6:30 AM

Intends to lift its dividend and is launching a new share buyback program after reporting its second-highest quarterly earnings for Q3, second only to the record profit for the previous quarter.

World Bank: Energy Prices Set To Decline In 2023 After Sharp Rise In 2022

OilPrice.com | Oct 26, 2022 at 2:00 PM

The World Bank has predicted that energy prices will decline by 11% in 2023 after having surged 60% in the current year following Russia’s invasion of Ukraine.

The Green Brief: Beware the zombie Energy Charter Treaty

Euractiv | Oct 26, 2022 at 10:55 AM

For some, France’s decision to withdraw was the final nail in the coffin of the treaty.

Portuguese government confident despite foundering Nigerian gas supplies

Euractiv | Oct 26, 2022 at 8:32 AM

Nigerian gas supply issues will not significantly impact energy bills and supplies as the energy company Galp will buy gas elsewhere to meet its contractual obligations, the government promised on Tuesday.

West Texas gas price falls below zero as pipeline outages trap supply

Financial Times | Oct 25, 2022 at 7:53 PM

…the price differences underlined the regional segmentation of gas markets. The Freeport LNG terminal on the coast of Texas, one of the country’s biggest…

Are Europe’s falling gas prices here to stay?

Financial Times | Oct 25, 2022 at 1:00 PM

…an offshore wind boom in the US. China needs to invest $14tn in power and transport to be net zero by 2060, says World Bank ….

ExxonMobil’s Big Plan for a Small South American Country

Shale Magazine | Oct 25, 2022 at 11:48 AM

A small, largely overlooked country in South America has become the center of the world’s oil future, offering low-carbon and low-cost oil production with the potential for an output of 1 million bpd.

World is in its ‘first truly global energy crisis’, says IEA’s Birol

Euractiv | Oct 25, 2022 at 10:45 AM

Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of “the first truly global energy crisis”, the head of the International Energy Agency (IEA) said on Tuesday (25 October).

China Imports Record Levels Of LNG And Coking Coal From Russia

OilPrice.com | Oct 25, 2022 at 9:17 AM

Combined imports of thermal coal and coking coal from Russia jumped by 20% year over year in Sept to nearly 7 million tons.

European gas slumps below €100 for first time since Russia cut supplies

Financial Times | Oct 24, 2022 at 5:50 PM

…James Waddell at Energy Aspects said that prices were falling in the short-term because of “limited storage capacity remaining, low gas demand because of mild weather, and congestion in bringing in LNG and…

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