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Global LNG Demand Seen Rising in 2024 From China, Europe – TotalEnergies Exec Says

CDN and International News, Conventional Energy, Latest, LNG / By

Global liquefied natural gas (LNG) demand will grow in 2024 with top buyer China back in the market and consumption in Europe rising, a TotalEnergies executive said on Wednesday. “LNG has continued to grow, with China being back in the market but not yet at the level of 2021,” Senior Vice President Asia Pacific Exploration & …

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Managing Land Data with Integrated Software Allows Energy Companies to Work Smarter, Not Harder

Featured Articles, Latest / By

Integrated Land Management & GIS Software Achieves More Accurate Asset Analysis Your energy company strives for more accurate land asset analysis using overlapping manual and digital processes. Land departments juggle data in many forms: legacy or homegrown systems, spreadsheets, maps, photos, and lots of paper. Poor data management directly affects your team’s time and drives …

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Kathairos Solutions and Doig River First Nation Embark on Strategic Environmental Initiative to Reduce Methane Emissions

Company Announcements, Latest / By

[Calgary, 27/02/2024] – Kathairos Solutions, a leader in the field of clean technology for methane emission reduction, is excited to announce a strategic partnership with Doig River First Nation (DRFN) and its economic arm, Úújǫ Developments LP. This collaboration is set to pioneer sustainable environmental practices while fostering economic growth and cultural preservation within DRFN …

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Devon Energy Reports Lower Profit, Sees Production Hit from Winter Storm

Latest, US News / By

(Reuters) – U.S. shale producer Devon Energy  reported a fall in fourth-quarter profit on Tuesday, hurt by lower oil and gas prices and forecast a 2% impact in first-quarter production due to severe winter weather. Concerns over global demand weighed on commodity prices throughout the reported quarter, with U.S. natural gas prices declining by more than …

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Ovintiv reports fourth quarter and year-end 2023 financial and operating results

Latest, Press Releases / By

Strong 2023 Operational Execution; Enhanced Capital Efficiency Expected in 2024 Highlights:                                                                         Full Year 2023 Generated net earnings of $2.1 billion, cash from operating activities of $4.2 billion, Non-GAAP Cash Flow of $3.9 billion and Non-GAAP Free Cash Flow of $1.2 billion after capital expenditures of $2.7 billion Exceeded high end of full year production guidance …

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The Latest Digital Bludgeon With Which To Beat Up Oil and Gas – Geoffrey Cann

Latest, US News / By

By Geoffrey Cann A brand new digital bludgeon whose nearly sole purpose is to beat up on the oil and gas industry, is about to be launched. As usual, this is both bad and good news. The Methane Problem For years, human produced industrial methane was overlooked as a meaningful contributor to climate change. Far more attention was paid …

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A MUST WATCH: How Much Energy Will the World Need? – Let’s Compare Political “Dream” to Energy “Reality” – Mark Mills

Conventional Energy, Latest, LNG, Natural Gas, Oil, Renewable Energy, Solar, US News, Wind / By

Are we heading toward an all-renewable energy future, spearheaded by wind and solar? Or are those energy sources wholly inadequate for the task? Mark Mills, Senior Fellow at the Manhattan Institute and author of The Cloud Revolution, compares the energy dream to the energy reality.    

Oil and Gas Upstream M&A Deal Value Hits Highest Q1 Levels Since 2017

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, Oil, US News / By

An ongoing consolidation in the U.S. shale industry has driven up global M&A deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said. Deals worth more than $55 billion have been announced in the first two months of 2024, according to analytics firm Enverus, as …

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Oil and Gas Upstream M&A Deal Value Hits Highest Q1 Levels Since 2017

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, Oil / By

An ongoing consolidation in the U.S. shale industry has driven up global M&A deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said. Deals worth more than $55 billion have been announced in the first two months of 2024, according to analytics firm Enverus, as …

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Commentary: Buffett Could Simply Say He’s Betting Oil Prices Go Up

Conventional Energy, Latest, Oil, US News / By

Praising Occidental’s voluminous production and contribution to energy security simply reminds investors of the industry’s decade of excess. By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. Not to say Warren Buffett’s …

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