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German energy group begins cost-cutting programme after expropriation of its Russian assets
Multilateral lender says commodity markets still reeling from Russia’s war in Ukraine
Mega-deals in the US make sense, but it’s not obvious why European groups should scale up too
US supermajors open a controversial fossil fuel frontier in one of Latin America’s poorest nations
Move would target oil and gas infrastructure as well as coal mining
The country is one of several that regarded LNG as a cleaner short-term alternative to coal, but prices have soared following Russia’s invasion of Ukraine
At Essar’s Stanlow refinery on Merseyside, efforts are focused on carbon capture and hydrogen
Also in this newsletter: US inflation measure hits two-year low, bad day for NatWest, science round-up
Norwegian energy group says Europe’s supplies ‘in a much better place’ than last year
Quarterly profits at oil group and rival Chevron miss Wall Street expectations
Also in today’s newsletter, EPA chief Michael Regan has billions to deploy
Those betting transactions by Chevron and ExxonMobil signal robust demand growth may want to think twice
Growth story that transformed North Dakota also featured boardroom battles and children’s toys
Environmental NGOs say special treatment of projects to upgrade existing gas pipelines favours fossil fuel majors
US supermajors are bulking up despite forecasts that demand will soon peak
Plus, Orcel strikes his first deal at UniCredit and the crisis at Atos begins to snowball
Risks stemming from over-investment in fossil fuels have ‘evolved’, says energy watchdog
Torbjörn Törnqvist says bumper profits have reduced rationale for seeking outside investor
The $53bn deal has sparked speculation that BP and Shell may feel forced to respond
UK judge’s decision in P&ID pipeline case puts spotlight on role of London’s arbitration courts
All-stock deal comes after ExxonMobil acquired Pioneer Natural Resources earlier this month
Chevron is banking on Hess’s output spiking ever upwards in coming years, as it is projected to do
Effort marks the first time so many businesses have urged states to phase out non-renewable energy
Oil and gas executive says he will defy critics to make a ‘real world’ case for fossil fuels
Middle East conflict and possible acts of sabotage could drive prices up again
International Edition