How natural gas blessing is turning into a curse | THE INDEPENDENT | When dozens of local and foreign citizens were killed in an assault by insurgents in the northern Mozambique town of Palma in Cabo Delgado province in the last week of March, security observers described it as a …
Read More »Natural gas drives record CO2 emissions in 2019
Paris, France | AFP | Global carbon emissions boosted by soaring natural gas use are set to hit record levels in 2019 despite a decline in coal consumption and a string of countries declaring a climate emergency, researchers said Wednesday. In its annual analysis of fossil fuel trends, the Global Carbon Project said CO2 emissions …
Read More »US natural gas emerging as rival to Russia in Europe
New York, United States | AFP | The growth of shale gas extraction is positioning the United States to be a bigger natural gas exporter, potentially challenging Russia’s hold on the European market. Russian exports to Europe remain a foundation of the continent’s economy, accounting for about 41 percent of …
Read More »Oil giant TOTAL’s annual net profits up 22% at $6.2 billion
Total confident despite volatile oil prices Paris, France | AFP | French oil major Total said Thursday it planned to increase its dividend to shareholders as it expressed confidence earnings could withstand the current volatility in oil prices. Total said in a statement that its headline net profit soared 22 …
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