Tag Archives: REPI:GAS

Covering 2022 earnings greater than increases to videotape $40 bln

Fourth-quarter earnings of $10 bln defeats quotes Covering to buy $4 bln in shares Shares up 2.5% by 1002 GMT LONDON, Feb 2 (Reuters) – Covering (SHEL.L) supplied a document $40 billion earnings in 2022, the power titan stated on Thursday, topping a troubled year in which a rise in power rates after Russia’s intrusion of Ukraine permitted… Read More »

Column: Version say goodbye to? Turkey’s power shift turned around in 2022: Maguire

LITTLETON, Colo. Jan 20 (Reuters) – As Europe’s fastest-growing power customer because 2010, as well as a ratifier of the Paris arrangement to cap exhausts, Turkey is deemed a crucial power shift examination situation looking for to retool its power system while suffering financial development. With a populace of 85 million as well as a significant production base… Read More »

Indonesia’s 2022 oil training listed below target, yet financial investment increasing

2023 petroleum training target at 660,000 bpd 2023 LNG manufacturing seen at 204-206 freights 2022 upstream financial investment +13% y/y, targeted at $15.5 bln in 2023 IDD risk, operatorship offer anticipated in Q1 JAKARTA, Jan 18 (Reuters) – Indonesia’s oil and also gas training in 2015 was available in listed below target as a result of unexpected closures… Read More »

Coal, gas lead 2022 products rally; economic crisis concerns welcome New Year

Russia-Ukraine battle thrust coal, gas rates in 2022 More gains seen on solid power need, limited materials Markets eye China resuming, however economic crisis might top gains Restored worries over food rising cost of living to sustain grains, oilseeds http://tmsnrt.rs/2yaDPgn SINGAPORE, Dec 30 (Reuters) – Coal and also gas markets were positioned on Friday to finish 2022 with… Read More »

OPEC stays with 2022, 2023 oil need development projections after downgrades

Cuts Q4 need by 140,000 bpd, Q1 2023 by 410,000 bpd OPEC Nov outcome dropped by 744,000 bpd after OPEC+ reduced promise Claims leisure of China’s zero-COVID plan is prospective benefit LONDON, Dec 13 (Reuters) – OPEC on Tuesday adhered to its projections for international oil need development in 2022 and also 2023 after numerous downgrades, stating that… Read More »

Algeria and Spain agree revised 2022 fuel costs

ALGIERS, Oct 6 (Reuters) – Algeria’s Sonatrach and Spanish energy group Naturgy (NTGY.MC) have revised fuel costs for 2022 however delayed worth talks for subsequent yr and past amid surging demand and after a diplomatic spat between the international locations. Sonatrach provides round 5 billion cubic meters of fuel a yr to Spain by contracts signed greater than… Read More »