By Melisa Cavcic Aramco has posted its highest annual profit ever as a listed company, totalling $161.1 billion, amid high demand, tight supply and elevated oil and gas prices. The post Saudi giant’s profit skyrockets to whopping $161.1 bln with oil & gas seen as ‘essential’ in energy arsenal appeared first on Offshore Energy. Read…
By Ajsa Habibic Due to high prices and the demand for energy security, the US is poised […] The post WoodMac: High demand could pave the way for $100B of new LNG projects in US appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Melisa Cavcic Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA. The post IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions appeared first on Offshore Energy. Read Full Article Here For more great articles:…
By Melisa Cavcic Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand. The post While contributing to Europe’s energy security, Equinor rakes in all-time high profits appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Melisa Cavcic After BP more than doubled its annual profit in 2022 on the back of high oil and gas prices, the oil major is now caught in environmentalists’ crosshairs. The post ‘Performing while transforming’ pays off for BP as it joins other oil majors in profit bonanza appeared first on Offshore Energy. Read…
By Nadja Skopljak European energy ministers have reached a political agreement under which the price of natural […] The post European energy ministers agree to cap gas prices appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Ajsa Habibic UK and US have formed a new energy partnership to increase energy security and […] The post UK and US forge energy alliance to ‘bring down prices and help end dependence on Russian energy once and for all’ appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG…
By Melisa Cavcic BP has delivered high profits in the third quarter of 2022 on a year-on-year basis, driven by natural gas trading and elevated energy prices. The post While focusing on energy trilemma, BP more than doubles its profit appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World…
By Melisa Cavcic Chevron and ExxonMobil have revealed high profits in 3Q of 2022, driven by elevated energy prices and higher oil and gas production. The post U.S. oil and gas giants’ profits skyrocket appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Melisa Cavcic Equinor has recorded “strong financial results” in 3Q of 2022 thanks to increased output, primarily gas, and elevated energy prices. The post High oil & gas production and prices lift Equinor’s profit appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News