While corporate sensitivity to projected returns in the transition is understandable, pulling back in transition spending now effectively negates the competitive advantage large energy companies claim over their smaller peers, and looks unlikely to deliver transition businesses of any material scale over a reasonable time frame. Such retreats further call into question whether most of the industry can — much less wants to — play a substantial role outside of core oil and gas operations... Learn more >> https://bit.ly/45ZpFj1 #OurTake #bigenergy #oilandgas #energytransition #corporatestrategy #competitiveintelligence
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What's New to TheStreet... ⚡ Shell Anticipates Higher LNG Output but Flags Ongoing Refining Weakness ⚡ Europe’s top energy company expects third-quarter LNG output to increase, keeping its core integrated gas unit in line with second-quarter performance. However, Shell continues to flag challenges in its refining sector, pointing to ongoing weaknesses that may impact future results. How do you think these shifts will impact the broader energy market? Share your thoughts below!👇🏻✨ 👉🏻Follow New To The Street for more! #shell #LNGoutput #energyupdate #refining#challenges #energysector #sustainable #energy #businessupdate #innovation #businessnews #business #news #newtothestreet
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Leading the Transformation in Petrochemicals | Advocate for Sustainable Energy | Lifelong Student of Progress |Driven by Growth and Nation First | Writer
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TotalEnergies acquires a gas-fired power plant in the United Kingdom To view article please click here: https://hubs.ly/Q02zXb9S0 Does your company have news to share with the industry? Please contact: marketing@storageterminalsmag.com and we will be happy to assist. #storageterminalsmagazine #tankstorage #oil #chemicals #gas #tankterminals #bulkliquids #tanks #storagetanks #storageterminals #liquids #storageterminalsmag #news
TotalEnergies acquires a gas-fired power plant in the United Kingdom
storageterminalsmag.com
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Recent developments in the oil and gas sector highlight both challenges and opportunities for oil and gas investment. A recent analysis by McKinsey offers a detailed review of the market, uncovering key insights that support investment prospects in this area. Read more: https://lnkd.in/gR3xKkAD #oil #gas #energy #oilandgas #investing #oilinvestments #oilndustry #oilwells
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While on a mission to boost #energysecurity and propel #decarbonization forward in a challenging environment marked by a steep fall in #oil and #gas prices, Eni has disclosed strong financial and operating results for the fourth quarter and full year 2023 on the back of its #naturalgas and #LNG portfolio, which has been bolstered further with the acquisition of Neptune Energy’s business. However, the European oil major still experienced a 38% fall in annual profit compared to the sum collected in 2022. #oilgas #energy #oilandgasnews #offshoreenergy #oilandgas #energytransition #lowcarbon #CCS
Eni reveals ‘excellent’ annual results as natural gas and LNG business cushions drop in profit
https://www.offshore-energy.biz
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