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bp Energy Outlook 2022: gas for transition - April 03, 2022

The bp Energy Outlook 2022, released in March, looks at three possible scenarios for changing energy use between now and 2050, with natural gas as a transition fuel to low-carbon energy and gas demand based on the speed of the transition. (See story in March 20 issue of Petroleum News on the Outlook...
Kristen Nelson Energy Outlook Petroleum News Gas Pipeline Liquefied Natural Gas Natural Gas

Berenberg Bank Analysts Give JCDecaux (EPA:DEC) a €26.50 Price Target

JCDecaux (EPA:DEC – Get Rating) has been given a €26.50 ($29.12) price target by equities researchers at Berenberg Bank in a note issued to investors on Monday, Borsen Zeitung reports. Berenberg Bank’s price target points to a potential upside of 13.34% from the stock’s previous close. Several other analysts have also commented on DEC. JPMorgan […]
Borsen Zeitung Jpmorgan Chase Co Jcdecaux Company Profile Get Rating Berenberg Bank Goldman Sachs Group Get Rating

Insider Selling: Diversified Energy Company PLC (LON:DEC) Insider Sells £197,035.22 in Stock

Diversified Energy Company PLC (LON:DEC – Get Rating) insider Bradley Grafton Gray sold 166,979 shares of the company’s stock in a transaction dated Tuesday, March 22nd. The shares were sold at an average price of GBX 118 ($1.55), for a total transaction of £197,035.22 ($259,393.39). DEC opened at GBX 118.80 ($1.56) on Friday. The company […]
Bradley Grafton Gray Energy Company Energy Company Profile Get Rating Diversified Energy Company Get Rating Peel Hunt

Battle brewing, pt 2: Oil Search, Conoco still at odds on road use - March 27, 2022

Despite a 10-fold difference between what Oil Search (Alaska) is willing to pay ($60 million) and what ConocoPhillips Alaska Inc. wants ($600 million), ConocoPhillips thinks the two companies will be able to reach an agreement allowing Oil Search access to roads in the Kuparuk River unit, which will...
Kuparuk River United States Kay Cashman Oil Search Alaska Petroleum News Conocophillips Alaska Inc

Arctic sea ice extent reaches maximum - March 27, 2022

On Feb. 25 the Arctic sea ice cover likely reached its maximum extent for the year, the National Snow and Ice Data Center has reported. At 5.75 million square miles this extent is the 10th lowest recorded since satellite observations began in the 1970s and was 297,000 square miles below the 1981 to...
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Nuclear microreactors in Alaska? - March 20, 2022

Two bills, House Bill 299 and Senate Bill 177, introduced to the Alaska Legislature by Gov. Mike Dunleavy, would simplify the legal requirements for the implementation of nuclear microreactors in Alaska, thus potentially encouraging the use of these devices in the state. A microreactor is a small, s...
United States Eielson Air Force Base University Of Alaska Fairbanks Mike Dunleavy Jess Gehin Alan Bailey

Gas line closer than ever under Dunleavy; Persily says unviable - March 20, 2022

When Gov. Mike Dunleavy took office in 2018, the State of Alaska had spent more than $250 million on the Alaska LNG project with nothing having been built to show for it. The project did not have its federal permits, its cost of supply was uneconomic, and the now state-owned Alaska Gasline Developme...
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