- Follow Us
Search
Europe
Earnings , Liquefied Natural Gas , Crude Oil , Energy Transition
Shell 2022 Profit More Than Doubles To Record $40 Billion
The British company's record earnings, which more than doubled from a year earlier, mirror those reported by U.S. rivals earlier this week and are certain to intensify pressure on governments to further raise taxes on the sector.
February 2, 2023
Policy & Regulations , Energy Transition
Activist Group Accuses Shell of Misleading Investors on Renewables
Like other leading European energy companies, Shell is aiming for rapid expansion of its low-carbon and renewables business as part of efforts to reduce greenhouse gas emissions over the coming decades.
February 1, 2023
Natural Gas , Crude Oil , International , Energy Transition
BP: Ukraine War Likely to Speed Decline in Fossil Fuel Use
The fallout from Russia’s invasion of Ukraine includes a global movement away from imported fossil fuels toward domestically produced renewables, BP said in its annual Energy Outlook.
February 1, 2023
Liquefied Natural Gas , Exports
Russia Boosts LNG Exports to Europe by 20% in 2022
According to Refinitiv data, Russian gas exports to Europe dropped to a new post-Soviet low in 2022, but its total LNG exports rose to approximately 33 million tonnes, with more than half of it going to Europe.
January 31, 2023
Investment , Energy Transition
UniCredit Sets Emission Goals for Carbon Intensive Sectors
UniCredit will strengthen its advisory services for companies in carbon-intensive sectors, as well as boost sustainable lending.
January 31, 2023
Deepwater , Subsea
Subsea Services Market Expected to Top $7 Billion in 2023
Rystad Energy sees increased brownfield activity driving a 20% increase in projected spend in the subsea services market in 2023.
January 31, 2023
Energy Transition , Technology
Transition in the Trilemma
Despite the energy trilemma, 45% of companies oil and gas sector are confident they can reach net zero by 2050, according to the Baker Hughes Energy Transition Pulse report.
January 30, 2023
Liquefied Natural Gas , Natural Gas , Policy & Regulations
EU Hires Firm to Launch Countries' Joint Gas Buying
The European Commission hopes joint gas buying will help Europe to refill depleted storage caverns before next winter and to negotiate lower prices by using EU countries' collective buying power.
January 30, 2023
Energy Transition
Baker Hughes, FFI to Collaborate on Green Hydrogen, Geothermal Opportunities
Baker Hughes will provide expertise and technology to help decarbonize hard-to-abate sectors through green hydrogen, green ammonia and geothermal.
January 30, 2023
Crude Oil , Trade , International
What's Affecting Oil Prices This Week? (Jan. 30, 2023)
Imposition of Russian oil exports is set to take effect on Feb. 5, which is expected to negatively affect Europe's diesel market due to the region's dependence on diesel fuel imported from Russia.
January 30, 2023