Tag:

LNG

Shell to buy 10% stake in ADNOC’s Ruwais LNG project in Abu Dhabi

Shell Overseas Holdings has signed an agreement to buy 10 percent stake in the Abu Dhabi National Oil Company’s (ADNOC) Ruwais liquefied natural gas...

Shell buys Pavilion Energy to bolster LNG business

Shell Eastern Trading, a subsidiary of Shell plc, has reached an agreement with Carne Investments, a subsidiary of Temasek, to acquire Pavilion Energy. Shell...

US Becomes Top LNG Exporter, Hits Record Highs in December

December marked a historic milestone for U.S. liquefied natural gas (LNG) exports, breaking both monthly and annual records, positioning the nation to potentially surpass...

Greenpeace Report Unveils Deceptive Practices in “Carbon Neutral” LNG Trade

An explosive report from Greenpeace has cast a shadow over the booming market for “carbon neutral” liquefied natural gas (LNG), exposing the deceptive use...

Gas Demand to Grow by 1.6% percent a Year Between 2022 and 2026: IEA

Global gas demand is on course to grow by an average on 1.6 percent a year between 2022 and 2026, down from an average...

LNG trade value doubled in 2022 to over $450 bn: IEA

The latest IEA report said the value of global LNG trade has doubled in 2022 to an all-time high of $450 billion despite rising...

Europe’s need for LNG to intensify competition: Shell report

Europe’s increased need for liquefied natural gas (LNG) looks set to intensify competition with Asia for limited new supply available over the next two...

Japanese firms sign agreements to buy LNG from Oman, U.S.

Japanese companies have signed several deals to receive liquefied natural gas (LNG) supplies, with an up to 10 years basic agreement reached with Oman...