bp records doubling in 2022 profits despite Q4 dip
Gas and low carbon energy contributed more than half to bp’s $27.6bn (£23bn) profits in 2022 as the energy giant capitalised on soaring energy prices.
Gas and low carbon energy contributed more than half to bp’s $27.6bn (£23bn) profits in 2022 as the energy giant capitalised on soaring energy prices.
An at-a-glance look at Air Products’ first quarter results for 2023.
Italian energy specialist Eni has announced that the Damietta liquefied natural gas (LNG) facility in Egypt has successfully produced and loaded its 500th LNG cargo from start-up of operations in 2005.
Air Products today reported a 6% growth in first quarter net income to $584m – and its cash contribution to NEOM will halve to $800m.
Shell’s adjusted Q4 2022 earnings of $9.8bn were mainly driven by the strong performance of its Integrated Gas business and the energy major recorded just under $40bn in annual earnings on the back of soaring...
Low carbon energy storage company GES and independent storage and logistics company GPS have merged to create a major force in the energy storage sector and develop a global network of terminals.
Oman LNG has signed binding term-sheet agreement with Turkish BOTAŞ Petroleum Pipeline Corporation (BOTAS) to supply 1Mtpa of LNG, starting in 2025.
Shell is to combine its Integrated Gas and Upstream businesses and reduce its Executive Committee to enhance planning and cooperation and speed up its Powering Progress strategy.
This year’s bp Energy Outlook forecasts reduced EU demand for natural gas across all scenarios, sharp increases in LNG imports – and one environmental silver lining arising from the Ukraine war and the Inflation Reduction...
The majority of energy and industrial companies are making or planning to make investments in natural gas or liquefied natural gas (LNG), according to the Baker Hughes Energy Transition Pulse 2023 report.