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Oil and Gas

Harbour Energy suffers from lower gas prices

After lowering its natural gas price projections, Britain's largest oil and gas producer anticipates generating less free cashflow this year than expected. Harbour Energy's free cashflow will be "marginally" positive after cutting its…

Shell: World to increase demand for LNG

Shell forecasts that the global demand for liquefied gas will increase by over 50% by 2040, as people switch to cleaner energy sources. The oil major's latest energy outlook suggests that global demand will peak in 2040, with the growth…