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.
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]
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.