(bp, 6.Feb.2024) â bp delivered strong underlying financial performance in 2023, raising the dividend by 10% and buying back $7.9bn of shares, with net debt falling to its lowest level over the past decade
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FROM THE LATINPETROLEUM ARCHIVES: RELATED POSTS
Shell LNG 2023 Outlook [PDF Downloads]
(Shell, 16.Feb.2023) â Europeâs increased need for liquefied natural gas (LNG) looks set to intensify competition with Asia for limited new supply available over the next two years and may dominate LNG trade over the longer term, according to Shellâs LNG Outlook 2023. ____________________
Majors Capex Guidance Update
(Energy Analytics Institute, 23.Feb.2023) â “Despite bumper profits, the peer group is guiding towards $118bn in total investment in 2023, up just 4% on last year. This reflects the priorities of capital discipline, targeted investment in the best projects and shareholder returns – the group collectively returned $117bn to investors […]
UK Running Out of Options to Achieve a âJust and Fairâ Energy Transition by 2030
(RGU, 24.May.2024) â A new report by Robert Gordon University (RGU) has revealed that the UK will fail to achieve a âjust and fairâ transition by 2030 unless there is urgent alignment across the political spectrum to sustain UK offshore energy industry jobs, supply chain investments and the economic contribution […]