In the News

Shell projects a 60 percent rise in global LNG demand by 2040, driven by Asia’s expansion. The U.S. and Qatar are expected to lead supply growth.

A London court has ruled that Vitol and Glencore will receive $380 million from Nigeria LNG after a dispute over undelivered cargoes in 2020 and 2021.

Chevron announces leadership and structural changes to improve efficiency, cut costs, and optimize global operations amid industry challenges.

Coal India renewable energy efforts expand through a joint venture with EDF, focusing on hydropower and clean energy projects in India and South Asia

Russia and Myanmar sign an investment deal for a port and oil refinery in the Dawei Special Economic Zone, strengthening energy and trade ties.

The Leviathan gas field partners plan a $2.4 billion expansion to boost production and strengthen Israel’s energy security and exports.

Cheniere Energy plans LNG expansion under Trump’s energy policies despite financial challenges, betting on Corpus Christi growth and global demand.

U.S. crude stocks rose by 4.6 million barrels due to refinery maintenance, while gasoline and distillate inventories declined as fuel production slowed.

Exxon Mobil is launching a major gas expansion project in Guyana, boosting natural gas supply, LNG exports, and industrial production.

Trump’s steel tariffs face EU criticism as European steelmakers warn of export losses. Market uncertainty grows as steel prices begin to rise