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June 21, 2022
President Joe Biden’s pointed criticism of oil and gas companies for earning massive profits as families suffer from high gasoline prices challenges a pillar of American capitalism: that U.S. companies should make as much profit as they legally can, and direct that windfall back to investors. Biden told Shell Plc, Exxon Mobil Corp and Chevron ...
June 21, 2022
The country also sees a massive opportunity in green hydrogen.
June 20, 2022
The government announced in May that it will impose a 25 percent windfall tax on oil and gas companies.
June 20, 2022
Eni SpA became the second foreign firm to win a stake in a $29 billion project that will expand Qatar’s production of liquefied natural gas as the energy crisis in Europe escalates and prices climb.
June 20, 2022
After years of dabbling, major oil companies are finally planning the kind of large-scale investments that would make green hydrogen a serious business.They’re chasing a very particular vision of a low-carbon future — multibillion dollar developments that generate vast concentrations of renewable electricity and convert it into chemicals or clean fuels that can be shipped around the world to…
June 20, 2022
Nigeria's Supreme Court has upheld a lower court ruling that stopped Shell Plc from selling its assets in Nigeria until a dispute between the oil major and a Niger Delta community over a 2019 oil spill is resolved.
June 20, 2022
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
June 20, 2022
Russia’s Rosneft PJSC is proceeding with its flagship Vostok Oil project in the Arctic, Chief Executive Officer Igor Sechin said, just over a week after a key partner announced it’s exiting the development over the invasion of Ukraine.
June 19, 2022
Gas prices have surged globally in recent months after Russian sanctions. Russia is one of the world’s leading oil and gas exporters.
June 17, 2022
BNP Paribas has expressed interest in a potential acquisition of ABN Amro Bank, the Dutch consumer lender that’s been government-owned since the financial crisis, according to people with knowledge of the matter.