Wednesday, January 1, 2025

The Leading Source of Oil in 2035—It’s Not OPEC: BP

Non-OPEC unconventional sources expected to provide growth in supply through 2035 The continued growth of global economies will continue to drive demand for energy around the world, according to BP’s (ticker: BP, BP.com) 2016 Energy Outlook. According to the study’s base case scenario, global GDP will more than double in the next 20 years, with energy demand growing by about

LNG

Shell Expects $70 Billion Merger with BG to be Effective by February 15

The High Court of Justice of England and Wales Sanctions Shell and BG merger A press release from Royal Dutch Shell (ticker: RDSA, Shell.com) today announced that the company has received permission to complete its $70 billion purchase of BG Group. Shell’s offer for BG represented a 50% premium of BG’s closing share price on the day of the announcement,