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Ron Bousso

FILE PHOTO: A man walks past the logo of Spanish oil major Repsol outside its headquarters in Madrid, Spain, December 26, 2023. REUTERS/Susana Vera/File Photo
BusinessFinanceFuelInfrastructureLiquefied Natural GasNewsOilPoliticsRegulationsUtilities

Repsol in talks to merge UK North Sea operations with NEO, sources say

Spain's Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources...

FILE PHOTO: The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFinanceFuelLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOil

BP halts hiring, slows renewables roll-out to win over investors

BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects, places a renewed emphasis on oil and...

A woman walks next to the logo for Carlyle at the company’s offices in New York City, U.S., June 28, 2022. Picture taken June 28, 2022. REUTERS/Brendan McDermid/ File Photo
BusinessFinanceFuelLiquefied Natural GasLiquefied Petroleum GasNewsOil

Energean to sell Med oil and gas assets to Carlyle for up to $945 million

Energean has agreed to sell its assets in Egypt, Italy and Croatia to private equity fund Carlyle for up to $945m, the oil...

FILE PHOTO: ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceNewsOil

Shell, Exxon near deal to sell North Sea assets to Viaro, sources say

The sale of the Clipper and Leman Alpha field clusters would mark the latest step in a steady retreat of major oil and...

Climate protesters demonstrate outside Shell's annual general meeting in Greenwich, London, Britain, May 21, 2024. REUTERS/Ron Bousso
BusinessNewsOilPolitics

Shell shareholders reject investor climate resolution

Shell climate resolution overwhelmingly rejected by shareholders during meeting punctuated by protests.

FILE PHOTO: A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023. REUTERS/Brian Snyder/File Photo
BusinessNewsOil

Chevron prepares for North Sea exit after more than 55 years

Chevron is set to launch the sale of its remaining UK North Sea oil and gas assets, as it prepares for the $53bn...

FILE PHOTO: The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelLiquefied Natural GasNatural GasNewsOil

Eni eyes new oil and gas spin-offs in energy transition satellite strategy

Italian energy group Eni could spin off stakes in high-potential oil and gas projects, while focusing on low-carbon activities

FILE PHOTO: Shell logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Advisors suggest Shell investors oppose climate resolution at AGM

Climate resolution to be put before Shell shareholders pushes for Paris Agreement targets, but Glass Lewis doubts benefit.

FILE PHOTO: A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo
BusinessNewsOil

Shell earns $1 billion a year from US crude trading, court filing shows

In Texas court case brought by former employee, Shell earnings revealed for annual crude training in the United States.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
FuelLiquefied Natural GasNatural GasNews

Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan

Gas prices to come down as growth in output will boost efforts to transition industries away from coal, says report.

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