Australia’s energy giant Santos reported today record sales revenues for 2022 on the back of the energy crisis in Europe that spurred higher LNG exports from every producer country. Sales revenues rose 65% on the year in 2022, Santos said, adding its cash flow also benefited from the strong demand for gas, rising more than twofold from 2021. Unsurprisingly, annual gas production was also at a record level of 105.4 million barrels of oil equivalent. Santos is the largest liquefied natural gas producer in Australia but last year, before the…
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Citi: European Oil Majors Could Become Acquisition Targets
Merger and acquisition activity in the United States oil and gas industry last year slumped to the lowest in 17 years as buyers became pickier. But besides being picky, they were also willing to spend, Enverus reported earlier this week. Now, Citi anal...
Judge Blocks California’s COVID-19 Misinformation Law
Judge Blocks California’s COVID-19 Misinformation Law
Authored by Caden Pearson via The Epoch Times (emphasis ours),
A California judge on Wednesday halted the state’s so-called COVID-19 misinformation and disinformation law, which was ch...
Oilfield Firms See Highest Profit In Nearly A Decade
The world’s largest oilfield services providers saw last year their highest combined net profits since the shale boom of 2014, driven by a rebound in drilling activity amid soaring oil and gas prices. SLB – formerly Schlumberger – Halliburton, and Bake...
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Citi: European Oil Majors Could Become Acquisition Targets
Merger and acquisition activity in the United States oil and gas industry last year slumped to the lowest in 17 years as buyers became pickier. But besides being picky, they were also willing to spend, Enverus reported earlier this week. Now, Citi anal...
Judge Blocks California’s COVID-19 Misinformation Law
Judge Blocks California’s COVID-19 Misinformation Law
Authored by Caden Pearson via The Epoch Times (emphasis ours),
A California judge on Wednesday halted the state’s so-called COVID-19 misinformation and disinformation law, which was ch...
Oilfield Firms See Highest Profit In Nearly A Decade
The world’s largest oilfield services providers saw last year their highest combined net profits since the shale boom of 2014, driven by a rebound in drilling activity amid soaring oil and gas prices. SLB – formerly Schlumberger – Halliburton, and Bake...
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