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Future of UK North Sea at risk in upcoming election

Whoever is in power after the next election, policy uncertainty is a long-term problem for the UK North Sea oil and gas industry. ....

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From the editor: One 2024 election with a foregone conclusion

As Russia prepares for an election where Vladimir Putin is all but certain to win, the country’s natural gas industry grapples with significant challenges and risks. ....

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Shell recalibrates energy strategy [Gas in Transition]

What is driving Shell to recalibrate its energy strategy is not just its massive profits in 2022, but also a determination to increase value to underpin higher shareholder distributions and close the valuation gap with its US rivals, Chevron and ExxonMobil. [Gas in Transition, Volume 3, Issue 7] ....

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'War Windfall' Fades: BP Sees 70% Drop In Profits But Hikes Dividend

Supermajor joins its energy peers in posting markedly lower quarterly profits but hikes its dividend pay out by over 10%. ....

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World's Largest Wealth Fund Loses Record $170Bln in Single 'Unusual' Year

Norway s $1.3 trillion fund, established in the 1990s to manage the surplus revenues of the oil and gas sector, returned a substantial loss of 14.1 percent last year. ....

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