Petrobras PBR, the largest integrated energy company in Brazil, is eyeing an expansion of its investments in Bolivia’s natural gas sector. According to Magda Chambriard, CEO of Petrobras, this ambitious plan hinges on Bolivia’s ability to increase its gas exports to Brazil at competitive prices to meet the growing domestic demand from industry. Current State of…
Companies invest in downstream gas assets in Asia Japanese firms build gas markets to help sell excess LNG LNG seen as transitional fuel in move to renewables Activist investors raise alarm By Katya Golubkova and Yuka Obayashi TOKYO, July 12 (Reuters) – Japanese companies foreseeing a growing surplus in stocks of liquefied natural gas (LNG)…
DUBAI, July 1 (Reuters) – One of Egypt’s largest petrochemicals companies plans within a consortium to import U.S. shale gas to address a shortage in natural gas supplies that forced several chemicals factories to temporarily shut down twice in June. Sidi Kerir Petrochemicals Co SAE (Sidpec) < SKPC.CA> said in a bourse disclosure on Monday…
China es el país que más carbón consume del mundo, y en consecuencia el que más dióxido de carbono emite en la atmósfera. También es el mayor desarrollador de energías renovables. La eólica y la solar chinas han crecido tanto que el país ya no necesita gas natural para dejar el carbón. China y el…
GlobalData Wed, Jul 3, 2024, 5:16 AM GMT-5 TotalEnergies is planning to exit its gas-condensate finds off the South African coast, reported Bloomberg, citing sources familiar with the matter. Instead, the French oil and gas major plans to focus on exploration opportunities closer to Namibia. In 2019, TotalEnergies made a discovery at the Brulpadda field, braving…
Energy stocks have their ups and downs, just like every other sector, but natural gas stocks have proven more resilient than crude oil and other energy commodities. It’s a complicated business with a lot of different players, but there’s certainly money to be made with the right investments. Here’s what you need to know about investing…
Víctor Hugo Durán Tampico / 04.07.2024 07:17:40 La caída en el precio del gas natural afectó un proyecto de la empresa Iberoamericana de Hidrocarburos (ISHA) en la Cuenca de Burgos, al realizar modificaciones en su plan de desarrollo para extracción dentro un área ubicada entre Tamaulipas y Nuevo León, derivando en reducir la inversión programada para los siguientes años. El contrato CNH-R02-L03-BG-02/2017,…
There are common themes running through all the manifestos, and one of them is green energy. With the exception of Reform, which does not buy into the drive towards net zero greenhouse gas emissions, the others see renewable power as a big and ripe economic opportunity, with different approaches to tapping it. Labour makes a…
Key Takeaways The S&P 500 fell 0.3% on Monday, June 24, 2024, opening a week that will feature key economic reports including the Federal Reserve’s preferred gauge of inflation. Crude oil futures moved higher amid heightened tensions in the Middle East and signals of strong summer gasoline demand, helping lift stocks across the oil and…
Electric excavators and battery haul trucks, not hydrogen or hybrid options, are preferred to displace diesel in iron ore mining, BHP says. However, the diversified miner’s carbon footprint will get worse before it gets better as commodity production ramps up to meet global demand, investors were warned at a roundtable on Wednesday. “It’s not going…