LNG industry rebounds in 2021 amid supply constraints and volatile prices Feb 21, 2022 The global trade in liquefied natural gas (LNG) increased 6% to 380 million tonnes during 2021 as many countries rebounded from the economic impact of the COVID-19 pandemic, according to Shell’s latest ann...
Additionally, the station appeared unkempt and disorganized, with noticeably high prices for internal items.It felt as though customer care was not a priority; staff seemed indifferent, and the atmosphere was unwelcoming. Overall, the service quality has declined significantly, and I would expect ...
The gas field in Groningen must be completely closed this year, said the CEO of Shell Netherlands, Marjan van Loon. Currently, the gas field is still supplying minimal amounts of gas to keep the wells usable, but she doesn’t think that’s necessary. “It can and must be done, so the...
Shell, that paragon of environmental stewardship, has drawn criticism for its outrageous earnings “bonanza” resulting from the skyrocketing oil and gas prices following Russia’s invasion of Ukraine. read more Share this: Facebook Twitter Email Print Like this: Loading...This website and sisters...
Oil giant Royal Dutch Shellreported a sharp fall in full-year net profit on Thursday, citing challenging macroeconomic conditions and lower oil and gas prices. Net income attributable to shareholders on a current cost of supplies (CCS) basis and excluding identified items, which is used as a pr...
The job ahead is to convert all of these, or rebuild them, to facilities that don’t use coal, oil products or natural gas for energy. In our recently released Sky 2050 scenario, the near 80 years between now and the end of the century sees a world largely achieve this, but at a ...
In their latest act of cosmic irony, Shell has decided to close 1,000 gas stations. Yes, that’s right, the same company that’s been unapologetically fuelling climate change and decimating our planet’s future will now close a thousand of its pit stops in an effort to “reallocate resour...
Where DACCS has a major role to play is in the second half of the century. By 2100 this is an industry that has grown from nothing today to 6.6 billion tonnes of CO2per year. In gas volume terms that’s like 2.2 billion tonnes of natural gas, which means that the CO2gas handling in...
Supply challenges have led to unprecedented high prices for natural gas in some parts of the world. Do consumers in Europe need to get used to paying more for energy?The natural gas prices we are seeing today in north-west Europe are at the extreme of volatility. I hope market conditions ...
Shell and BP reported the combined profits, dividends and buybacks just as wholesale gas prices began to soar. The two firms have had £660 million in tax credits in the last five years The UK’s biggest oil and gas companies raked in £10.2billion in just three months last year, fi...