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Shell earnings top estimates as natural gas leads the way

A shell gas station in sham shui po, hong kong

Bloomberg Royal Dutch Shell Plc’s first-quarter earnings beat even the highest analyst estimate as its natural gas business led a strong companywide performance. Shares rose. Shell gives a positive ending to a mixed Big Oil earnings season, which showed companies mostly recovering from a worst-in-a-generation downturn but unable to fully insulate themselves against volatile markets. While BP Plc, Chevron Corp. ...

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Eni to focus on saving African forests to offset CO2 emissions

Eni earns

Bloomberg Eni SpA’s plan to offset emissions from its oil and gas operations will focus on working with African communities to prevent deforestation. The project is part of the Italian energy giant’s goal of removing the equivalent of 20 million tons a year of carbon dioxide from the atmosphere by 2030. On top of efforts to improve operational efficiency and ...

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TransCanada’s first quarter profit beats estimates

Transcanada gets a profit boost in q1 copy

Bloomberg TransCanada Corp. posted first-quarter profit that topped analysts’ estimates, giving the pipeline company momentum as it enters a period that’s likely to feature key legal decisions on some of its major projects. TransCanada is benefiting from increased energy production and a shortage of pipeline capacity that’s keeping its Keystone oil pipeline system and Columbia natural gas system running at ...

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