Molln

A Major Gas Find Could Upend European Energy Markets

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Thursday, March 14, 2024
CVX, Kurdistan Region, Mobil, Molln, Natural gas, The Washington Post, ExxonMobil, Risk, Chevron Corporation, Knowledge, Cubic, Acquisition, Transport, XOM, Carbon, Eye, MCF, Investment, OMV, Hydrocarbon, Retirement, TALO, The Wall Street Journal, UPDATE, Economics, ConocoPhillips, Petroleum

LONDON, March 14, 2024 /PRNewswire/ -- As Europe realizes the full risk of relying on foreign oil and gas, it could soon find relief coming from an unexpected source. That's because, after years of leaning on cheap Russian gas, geopolitical shifts have changed the equation. Both the war in Ukraine and simple economics have forced the EU to pivot from strict green energy policies.  Companies mentioned in this release include: Chevron Corporation (NYSE: CVX), ExxonMobil Corporation (NYSE: XOM), ConocoPhillips (NYSE: COP), Talos Energy Inc. (NYSE: TALO), Cheniere Energy, Inc. (NYSE: LNG).

Key Points: 
  • '  And The Washington Post announced recently, 'Amid energy crisis, EU says gas can sometimes be 'green.''
  • The message is clear: Europe is scrambling to diversify its energy sources and achieve true energy independence.
  • That's why one Canadian energy company, MCF Energy ( MCF .V; MCFNF .QX), is on a mission to help secure Europe's energy independence and explore these long-ignored assets.
  • ConocoPhillips (NYSE: COP) has adeptly balanced its energy portfolio between natural gas and oil, reflecting a nuanced understanding of the world's changing energy consumption trends.