Tag: gas

Europe’s energy crisis could deliver a $400 million trading profit for Volkswagen from early hedges on natural gas, report says : stocks

https://www.bloomberg.com/news/articles/2022-09-14/ray-dalio-doing-the-math-rates-at-4-5-would-sink-stocks-by-20?srnd=premium&leadSource=uverify%20wallRay Dalio Does the Math: Rates at 4.5% Would Sink Stocks by 20%By Ye Xie on September 14, 2022 at 4:16 PM EDTRay Dalio came out with a gloomy prediction for stocks and...

Shell CEO stepping down after four decades, replaced by gas chief Sawan

(Bloomberg) — Shell Plc Chief Executive Officer Ben van Beurden will step down at the end of this year after almost 40 years at the company, to be replaced by the firm’s head...

Inflation report could show CPI moderating as gas and travel costs fall

A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas.Brandon Bell | Getty ImagesInflation is still sizzling hot but is expected to have moderated in August,...

EQT to buy Marcellus gas and pipeline assets in $5 billion deal

(Bloomberg) — EQT Corp., the largest U.S. natural gas producer, agreed to acquire a privately held competitor in a $5.2 billion deal to expand holdings in the prolific Marcellus shale. ...

INEOS renews offer to drill shale gas test well in the UK

INEOS is renewing its offer to the UK government and the new Prime Minister Liz Truss to drill a shale gas test well in the UK. ...

UK lifts shale gas fracing ban in hopes of boosting fuel supply

(Bloomberg) — New British Prime Minister Liz Truss removed a ban on drilling for shale gas, an effort to boost domestic energy supply that will have to overcome the same obstacles that stymied...

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