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What 2024 Taught Us: From Offshore Discoveries to Net Zero Ambitions, What Mattered Most

Rextag

shale oil production surged to 10 million barrels daily , reinforcing Americas role as a cornerstone of global energy stability. LNG exports played a pivotal role in diversifying Europes energy sources, slashing dependence on Russian gas by 40% since 2022. Record U.S. Shale Output: U.S. LNG Export Dominance: U.S.

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Global companies eye more US investment as Trump touts energy dominance

Oil & Gas 360º

He has urged energy companies to boost fossil fuel production and promised to bring down prices for consumers. He said those investments would include the natural gas supply chain. Trump last month ended a license granted to Chevron since 2022 to operate in Venezuela and export oil. from the Paris climate agreement.

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