ftoplog

FROM THE OIL PATCH

HEADLINES OF INTEREST

Shell CEO Says World ‘Desperately In Need’ Of Natural Gas

Shell Plc’s natural gas business can continue to grow after making record profits in 2022, as the global thirst for the fuel shows no signs of slowing, said Chief Executive Officer Wael Sawan. After years of questions over how oil and gas producers can deliver strong returns to shareholders while also cutting carbon emissions, Shell’s new boss gave an early insight into how he sees Russia’s invasion of Ukraine reshaping both global markets and the opportunities for his company. “Our natural gas business continues to grow in a world that is desperately in need of natural gas at the moment,

Read More »

Pipelines Gearing Up for Hydrogen-Powered Economy

From growing concerns for climate change and net-zero carbon emission commitments, to a focus on greenhouse gas reduction – hydrogen’s potential to help solve crucial energy issues, has gained plenty attention. Demand for hydrogen has soared, and there’s no signs it will slow down soon – ensuring pipelines and infrastructure is up to the challenge will need to be a top priority, sooner rather than later.    Integrating a hydrogen powered energy economy is no easy feat, and it will require reliance on modern technology to support how we store, transport and generate power in the future.   From its energy efficiency,

Read More »

Natural gas prices haven’t been this low since Russia went to war

Natural gas prices in Europe and the United States have tumbled to levels last seen before Russia sparked a global energy crisis by invading Ukraine. Wholesale European gas prices, as measured by the benchmark Dutch futures contract, have dropped almost 48% since mid-December to trade at €71 ($74) per megawatt hour on

Read More »

Norway expects jump in oil output and gas near record highs

OSLO, Jan 9 (Reuters) – Norway’s oil output is expected to rise by 6.9% this year as the huge Johan Sverdrup field ramps up production while gas volumes are predicted to remain unchanged near record highs, the Norwegian Petroleum Directorate (NPD) said on Monday. Production of crude oil and other

Read More »
WEEKLY UPDATE
ANALISIS & INSIGHTS
INDUSTRY GET TOGETHERS
No event found!
 
INDUSTRY STATISTICS
ECONOMIC MONTHLY SUMMARIES