Global shift to electricity may lower energy costs – IEA
The world is entering an era of cheaper energy as a surge in electricity use reduces reliance on fossil fuels,…
Browsing Tag
LNG
ADNOC, IndianOil sign 15-yr LNG agreement
ADNOC has signed a 15-year Heads of Agreement with IndianOil for the supply of 1 million metric tonnes per annum…
Qatar to sign 15-year LNG supply deal w/ Kuwait
Qatar is poised to sign a new deal to supply liquefied natural gas (LNG) to Kuwait for 15 years. This marks Qatar's…
Woodside buys Tellurian for $900m
Woodside Energy Group Ltd. is set to buy Tellurian Inc., a troubled US LNG export project developer, for…
Aramco, ADNOC eye Santos assets
Saudi Aramco and Abu Dhabi National Oil Co. (ADNOC) are considering bids for Santos Ltd., showing interest in the…
Asia’s LNG prices surge on summer demand
Asia's liquefied natural gas (LNG) prices surged to their highest level since late December, driven by robust…
ADNOC enters US gas market
The UAE's ADNOC has made its first investment in the United States by acquiring a share in NextDecade Corp.'s…
PetroChina forecasts record LNG imports in ’24
China's LNG imports are poised to hit unprecedented levels in 2024, according to a projection by a PetroChina…
Turkey, ExxonMobil pact to curb reliance on Russian energy
Turkey and US energy giant ExxonMobil are in talks to explore a significant deal aimed at purchasing liquefied…
LNG supplies pivoting back towards Asia following price decline
The dynamics of LNG supplies are pivoting back towards Asia following a decline in prices, triggering increased…
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