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Global tax would spoil investors' plastic party

The days of carefree plastic use may soon be over. Even though the world is suffocating in polluting waste, sales of fresh polymers are projected to rise 40% to $529 billion by 2031. This may change if supporters of taxes and other restrictive measures prevail at ongoing talks for a global treaty to end plastic pollution by 2040. Drastic action would shrink a promising market for Big Oil and cut packaging firmsโ€™ margins.
Saudi Arabia France General United Kingdom Pranav Kiran Inger Andersen Aimee Donnellan

PetroBangla Sign 15 Year Deal with QatarEnergy to Buy LNG

Bangladesh's state-owned gas company PetroBangla will sign a 15-year deal with QatarEnergy on Thursday to buy two million tons of liquefied natural gas (LNG) annually. PetroBangla chairman Zanendra Nath Sarker said on Tuesday, "Under the new deal with Qatar, the LNG will be supplied from January 2026," according to Reuters. Reuters reported on Tuesday that QatarEnergy would sign a long-term LNG supply deal with an Asian entity.
Saad Al Kaabi Zanendra Nath Sarker North Field North Field East
Source: aawsat.com

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Chinese NOCs enjoy bumper profits in 2022 [Gas in Transition]

After reporting some of the best annual earnings in their history, Chinaโ€™s big three state-owned energy companies are buoyant about prospects for this year as global oil prices and a post-pandemic recovery back home gather pace. [Gas in Transition, Volume 3, Issue 4]
International Energy Agency President Xi Jinping International Energy Gas Reserves Energy Markets Gas Production

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