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Tuesday, August 18, 2026

February 23, 2023

California’s bill to penalize oil firms for excess profits has stalled- oil and gas 360

California’s bill to penalize oil firms for excess profits has stalled

February 23, 2023

Oil Price A proposed bill in California to introduce penalties on the excess profits of oil companies is not making advances in the state legislature and even some Democrats are questioning its implementation and the possible benefits for consumers.   Last year, as gasoline prices hit records in the United States, and were much higher in California than in other

U.S. LNG giant sees revenues more than double in 2022- oil and gas 360

U.S. LNG giant sees revenues more than double in 2022

February 23, 2023

Oil Price Cheniere Energy, the biggest U.S. LNG exporter, more than doubled its revenues in 2022 from a year earlier as Europe imported increased volumes and paid high prices for gas as it sought to replace Russian pipeline supply.   Cheniere (NYSEAMERICAN: LNG) reported today total revenues of $33.428 billion for 2022, up from $15.864 billion for 2021. Last year’s revenues beat

ADNOC Gas $2 billion IPO fully covered within hours of opening- oil and gas 360

ADNOC Gas $2 billion IPO fully covered within hours of opening

February 23, 2023

World Oil (Bloomberg) — Investors snapped up all available shares within hours of the start of ADNOC Gas’s $2 billion initial public offering, showing that demand for Middle Eastern stock sales remains strong.   Abu Dhabi National Oil Co. is selling a 4% stake in Adnoc Gas, with each of the 3.07 billion shares being offered at between 2.25 and

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