Shell’s annual profit in 2023 took a tumble, dropping by 30% on a year-over-year basis, compared to its highest-ever annual profit, which came to almost $40 billion in 2022.
The post With $28 billion in the bag, Shell’s 2023 profit attests to oil &…
A coalition of seven NGOs has sent a letter, encouraging the European Commission to list fossil fuel phase-out dates within the roadmap for Europe’s 2040 target.
The post Seven NGOs urge Europe to set coal, oil, and gas phase-out dates appeared first o…
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As the global offshore energy industry takes steps to evolve in line with emerging […]
The post Tackling triple challenge of production, emissions, and net zero spurs North Sea’s technological innovation appeared first on Offshore Energy.
Eni’s CEO describes the UK as a top investment destination not just for natural gas but also for renewable energy, and carbon capture and storage (CCS).
The post Eni’s CEO portrays UK as ‘primary’ investment playground for gas, renewables, and CCS purs…
API has joined dozens of other industry groups in urging the Biden administration to reject calls to halt permits for U.S. LNG export facilities.
The post API: Derailing US gas exports and LNG infrastructure build-out could undermine global energy sec…