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Shell Overhauls Executive Team, Integrated Gas and Upstream Director to Leave

(Reuters) – Shell’s Director of Integrated Gas and Upstream, Zoe Yujnovich, will step down at the end of the month after more than a decade with the oil major, it said on Tuesday. In a move aimed at simplifying its leadership structure, Shell has appointed Cederic Cremers as President of Integrated Gas and Peter Costello …

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South Korea Expressed Interest in Alaska Gas Pipeline Project, Yonhap Says

South Korea, a leading fossil fuel importer, has expressed interest in participating in a $44 billion gas pipeline in Alaska in the form of a joint development between South Korea, the U.S. and Japan, Yonhap News Agency reported on Tuesday.   South Korean Industry Minister Ahn Duk-geun indicated interest in joining the Alaska gas project …

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OPEC+’s ‘Healthy’ Crude Oil Market is an Illusion, Trump Effect Isn’t: Russell

The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to “the healthy market fundamentals and the positive market outlook.” They must be looking at a completely different market to the rest of us. OPEC+, which includes the Organization of the Petroleum Exporting Countries, plus Russia and other allies, said …

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US Natgas Prices Jump 7% on Record LNG Flows, No German Interest in Nord Stream 2

(Reuters) – U.S. natural gas futures jumped about 7% on Monday on record flows to liquefied natural gas (LNG) export plants and forecasts for higher demand over the next two weeks than previously expected. Traders said that U.S. gas prices also gained support from reports that Germany was not in talks with Russia over a …

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Statement by U.S. Conference of Mayors on Impending U.S. Tariffs on Canada and Mexico

WASHINGTON, March 3, 2025 /PRNewswire/ — In advance of pending tariffs on Canadian and Mexican goods and the potential impact on the American economy, the U.S. Conference of Mayors’ (USCM) Executive Committee passed an emergency resolution today urging the Trump administration to protect and promote trade relations with both countries. Mayors stress that tariffs would inflict severe …

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