Gas & LNG
Australian Gas Exporter Santos Streamlines Firm to Cut Costs
Santos Ltd. is restructuring the company’s oil and gas business in order to cut costs, according to an internal notice seen by Bloomberg, after a string of stymied takeover bids in recent years that have raised pressure to increase shareholder returns.
UK Plans to Move Wind Farms to New Subsidies to Cut Costs
The UK will seek to speed up efforts to cut the costs of green electricity by reducing exposure to more-expensive gas.
Trump Invokes Wartime Powers to Fund New Energy Projects
President Donald Trump invoked the Defense Production Act to provide federal funds for a wide range of energy projects, as his administration faces pressure to help curb rising oil, gasoline and electricity costs.
