Friday, January 10, 2025
U.S. natgas futures edge up on soaring global gas prices- oil and gas 360

U.S. natgas futures edge up on soaring global gas prices

Nasdaq Dec 21 – U.S. natural gas futures edged up on Tuesday, shrugging off forecasts for milder weather and lower heating demand next week than previously expected, and focusing instead on a sharp rally in European gas futures that could keep U.S. liquefied natural gas exports near record highs. Front-month gas futures NGc1 rose 2.7 cents, or 0.7%, to $3.861 per million

Gazprom expects dividend on 2021 results at more than 45 rbls/share- oil and gas 360

Gazprom expects dividend on 2021 results at more than 45 rbls/share

Reuters MOSCOW, Dec 21 – Russian energy giant Gazprom GAZP.MM expects to pay dividend on 2021 results of more than 45 roubles ($0.6087) per share thanks to high oil and gas prices, Gazprom’s Deputy CEO Famil Sadygov said on Tuesday. State-controlled Gazprom enjoyed record-high quarterly earnings in the July – September quarter, raking in almost $8 billion in net income thanks

TotalEnergies partners with Oman on low-carbon natural gas projects- oil and gas 360

TotalEnergies partners with Oman on low-carbon natural gas projects

World Oil PARIS – TotalEnergies has signed with the Ministry of Energy and Minerals of the Sultanate of Oman a series of agreements for the sustainable development of the country’s natural gas resources. These agreements include: The establishment of Marsa LNG, an integrated company between TotalEnergies (80%) and Oman National Oil Company, OQ (20%). Marsa LNG will produce natural gas

Shell signs gas concession agreement for Block 10 in Oman’s Saih Rawl field- oil and gas 360

Shell signs gas concession agreement for Block 10 in Oman’s Saih Rawl field

World Oil Shell Integrated Gas Oman BV, a subsidiary of Royal Dutch Shell plc, along with its partners, OQ and Marsa Liquefied Natural Gas LLC, have signed a concession agreement with the Ministry of Energy and Minerals on behalf of the government of the Sultanate of Oman to develop and produce natural gas from block 10 of the Saih Rawl

Norway wealth fund will pressure, not divest from high gas emitters- oil and gas 360

Norway wealth fund will pressure, not divest from high gas emitters

Reuters OSLO, December 21  – Norway’s $1.4 trillion wealth fund, the world’s largest, will not deny firms that emit major greenhouse gases to meet plans to carbon-neutralize its investment portfolio by 2050. The deputy head of the central bank – which is the foundation’s director – announced on Tuesday that such companies will be “active shareholder” by encouraging them to

Maersk Drilling launches Horizon56 to drive offshore digitalization- oil and gas 360

Maersk Drilling launches Horizon56 to drive offshore digitalization

World Oil For the past two years, Maersk Drilling has spearheaded an innovative effort to develop a first-of-a-kind product to support digitalization of offshore drilling processes. The solution, known as RigFlow, has now been segregated into the digitally focused company named Horizon56 A/S to drive further development and commercialization. Horizon56 has been founded as a fully-owned Maersk Drilling subsidiary, with

UK says oil and gas projects can comply with new net-zero rules- oil and gas 360

UK says oil and gas projects can comply with new net-zero rules

World Oil (Bloomberg) –The UK proposed a series of climate change tests to determine whether new oil and gas fields can be built off its shores, but said its net-zero pledge doesn’t require the industry to be shut down. New projects could potentially still be allowed if they can show that their proposed emissions are less than those that come