Tag: hydrocarbon
Saudi Arabia is backing its transition to clean energy with hydrocarbon revenues
Engineers from the Aramco oil group, in June 2021, at the Al-Hawiyah liquefied natural gas plant, in Saudi Arabia. AMR NABIL / AP From the stated ambition to achieve “zero…
TotalEnergies: sharp increase in hydrocarbon production in the fourth quarter
(Boursier.com) — Like every beginning of the quarter, TotalEnergies publishes its main indicators for the previous three months. In the fourth quarter of 2022, with Brent at $88.8 per barrel…
hydrocarbon transport will be able to circulate on All Saints’ Day
A Total employee refuels a gas station from a tank, in February 2011, in Lille. PHILIPPE HUGUEN / AFP In order to supply service stations, some of which are still…
Since the invasion of Ukraine, Russia has earned 158 billion euros from its hydrocarbon exports
Oil tanks of pipeline operator Transneft, at the Kozmino crude oil terminal on the shore of Nakhodka Bay, Russia, August 12, 2022. TATIANA MEEL / REUTERS One hundred fifty-eight billion…
The climate objectives of hydrocarbon giants “incompatible” with the Paris agreement
The Polar Pioneer, a Shell Oil drilling and exploration platform, on May 14, 2015 in Seattle, Washington (GETTY IMAGES NORTH AMERICA/AFP/Archives/Karen Ducey) The decarbonization scenarios projected by several oil and…
soaring hydrocarbon prices propel tanker profits
TotalEnergies saw profits soar to $5.7 billion in the second quarter, while Shell on Thursday posted a whopping $18 billion net profit for the same period. Quarterly profit more than…
Climate: the commitments of hydrocarbon gloves are struggling to convince
Paris (awp/afp) – The climate commitments of the hydrocarbon giants still often lack credibility and are based on expensive technologies whose effectiveness has not been demonstrated on a large scale,…
Germany: Banks fear recession if Russian hydrocarbon imports stop
FRANKFURT (Reuters) – Germany’s economy risks suffering a severe recession if Russian oil and gas imports are halted under sanctions over Moscow’s offensive against Ukraine, a senior official warned on…
“The scenario of a carbon-free global economy should strongly impact the revenues of the hydrocarbon producing States”
Tribune. The current surge in energy prices comes in a context where the climate is viewed as a priority. Paradoxically, while the priority would be the climate, consuming countries are…