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BP Plc (BP.L), Exxon Mobil Corp (XOM.N), Royal Dutch Shell Plc (RDSa.L), Total SA (TOTF.PA) and Chevron Corp (CVX.N) have collectively increased natural gas output 15 percent in the past decade thanks to better technology and lower costs, according to data from Wood Mackenzie energy consultancy. Analysts expect all to post double-digit increases in second-quarter profit in coming days, according to Thomson Reuters I/B/E/S. “LNG is the growth commodity for these companies,” said Brian Youngberg, an energy industry analyst with Edward Jones, who expects the global LNG industry to grow at least 4 percent annually for the next five years.

(For a graphic on gas and oil production at energy majors, click on:, At Total, gas is actually 61 percent of output, up from 47 percent as recently as 10 years ago, according to WoodMac, Total is expected by analysts to post a 44 percent jump in second-quarter profit on Thursday to $3.56 billion, according to Thomson Reuters I/B/E/S, Even as gas production has risen, so too have reserves black minnie mouse silhouette cufflinks of natural gas, International energy companies saw gas reserves jump 16 percent last year to 35.33 billion cubic feet, according to a study by the EY consultancy..

“There are investments and capital expenditures being made to increase the level of gas reserves, and that should only continue,” said Herb Listen, an EY energy analyst. Exxon, for its part, sees natural gas usage growing at the fastest rate of any energy type out through 2040, reaching a quarter of global demand by that time. “Worries about energy supplies have faded away, erased in large part by natural gas,” Exxon Chief Executive Darren Woods told the World Gas Conference last month in Washington, D.C.

Exxon is expected by analysts to post a 62 percent increase in quarterly profit to $5.45 billion on Friday, according to Thomson Reuters I/B/E/S, Gas does have limitations, It’s harder to transport than crude oil, which can be black minnie mouse silhouette cufflinks stored indefinitely in tanks, and it must be processed right away, boosting costs, But greenhouse emissions from gas are far less than coal or oil when it is burned, boosting its appeal for a sector eager to combat allegations that it is the primary cause of anthropogenic climate change..

“I’m confident that natural gas will play a central role in meeting global energy needs for decades,” Mike Wirth, Chevron’s chief executive, said at the World Gas Conference. Chevron, which operates two major LNG facilities in Australia, is expected by analysts to post quarterly profit of $4 billion on Friday, more than double year-ago levels, according to Thomson Reuters I/B/E/S. Shell put natural gas at the heart of its long-term strategy with the $53 billion acquisition of BG Group in 2016. The Anglo-Dutch company, already the world’s largest LNG trader, is expected by analysts to post a 68 percent jump in quarterly profit to $6.08 billion on Thursday, according to Thomson Reuters I/B/E/S.

(Reuters) - French IT services company Atos (ATOS.PA) is boosting its black minnie mouse silhouette cufflinks North American operations with a $3.4 billion cash deal to buy Michigan-based IT services provider Syntel Inc SYNT.O, Atos’ shares traded 7 percent lower by 1020 GMT on Monday on disappointment at its results when the French company reported revenue growth of only 1.5 percent for the second quarter, Atos, which provides IT services to sectors ranging from aerospace to retail, said the deal to buy Syntel will strengthen its activities in banking, finance and insurance and allow it to provide complete IT solutions to its U.S, customers..

“[The deal] will significantly enhance [the Business & Platform Solutions Division’s] growth and profitability profile through an extended digital services offering, cutting-edge India-based delivery platforms, as well as revenue and cost synergies,” Atos Chief Executive Thierry Breton said in a statement. The acquisition of Syntel, a 38-year-old company with 23,000 employees, comes after last year’s unsuccessful attempt by Atos to buy Gemalto (GTO.AS). Syntel provides technology and IT services utilising a network of software development centres in India.

Atos will pay $41 per share, a premium of 4.78 percent to Syntel’s closing price of $39.13 on Friday, Including net debt, the transaction is valued at about $3.57 billion, Atos said it expects the deal to provide double digit earnings per share (EPS) growth from 2019, with Syntel bringing the group around $1 billion in revenue and an operating margin of around 24 percent, Analysts black minnie mouse silhouette cufflinks at Invest Securities said the price was “not excessive”, but a Paris-based trader pointed to the funding of the deal as a cause for concern..

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