Exxon Mobil Corp. raised its forecast for future earnings and cash flow due to growth in key assets in the Permian Basin, Guyana and liquefied natural gas — and reduced low carbon investments.
As Europe moves away from Russian gas for good, Poland is aiming to become the main entry point for global LNG into Central and Eastern Europe — a shift that could reshape fuel flows across the region and give its neighbors a more stable alternative to pipeline imports.
The new head of Gunvor Group — the energy merchant which announced a staff buyout on Monday — said earnings have rebounded from a poor first half amid better trading opportunities and strong oil-refining margins.
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