Shale Markets, LLC / Prices

As Florida Governor pledges to unleash ‘American energy dominance’ and slash gas prices to $2 by 2025, California hits out at fossil fuels industry

September 21, 2023

By Melisa Cavcic There is almost an insurmountable gap between the latest energy policies being advocated by Florida Governor and California’s governor. The post As Florida Governor pledges to unleash ‘American energy dominance’ and slash gas prices to $2 by 2025, California hits out at fossil fuels industry appeared first on Offshore Energy. Read Full…

Eni’s profit cut nearly in half but progress made on enlarging natural gas portion of global portfolio

July 28, 2023

By Melisa Cavcic Eni has revealed solid performance in 2Q and 1H 2023, despite its results being affected by a steep drop in oil and gas prices. The post Eni’s profit cut nearly in half but progress made on enlarging natural gas portion of global portfolio appeared first on Offshore Energy. Read Full Article Here…

TotalEnergies’ profit hit by downturn in oil & gas prices but multi-energy model saves the day

July 27, 2023

By Melisa Cavcic TotalEnergies has disclosed strong results for the second quarter and first half of 2023, thanks to its multi-energy strategy. The post TotalEnergies’ profit hit by downturn in oil & gas prices but multi-energy model saves the day appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World…

As oil & gas prices tumble down from 2022 highs, Shell’s profit follows suit

July 27, 2023

By Melisa Cavcic Shell’s profit has been cut in more than half year-on-year, compared to the record high levels reported last year. The post As oil & gas prices tumble down from 2022 highs, Shell’s profit follows suit appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore Energy Today

Lower oil & gas prices take a bite out of Norwegian energy giant’s profit

July 26, 2023

By Melisa Cavcic Equinor’s profit was cut in more than half from record-high figures seen last year due to significantly lower energy prices. The post Lower oil & gas prices take a bite out of Norwegian energy giant’s profit appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore Energy Today

Shell scores high against backdrop of lower oil & gas prices while ConocoPhillips’ earnings take a hit

May 5, 2023

By Melisa Cavcic Two oil majors, Shell and ConocoPhillips, have joined their peers in posting 1Q 2023 results, which were hampered by lower oil & gas prices. The post Shell scores high against backdrop of lower oil & gas prices while ConocoPhillips’ earnings take a hit appeared first on Offshore Energy. Read Full Article Here…

IEEFA warns of worsening inflation in power sector with carbon capture and storage in the mix

March 30, 2023

By Melisa Cavcic New report by IEEFA points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices. The post IEEFA warns of worsening inflation in power sector with carbon capture and storage in the mix appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore…

Saudi giant’s profit skyrockets to whopping $161.1 bln with oil & gas seen as ‘essential’ in energy arsenal

March 13, 2023

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…

WoodMac: High demand could pave the way for $100B of new LNG projects in US

February 23, 2023

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

IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions

February 21, 2023

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:…