China’s transition to greener fuels and a sluggish economy have led to slower oil demand growth, according to experts at the APPEC conference.
LNG
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Saudi Aramco, the world’s top oil exporter, is in talks with US LNG firms Tellurian and NextDecade to acquire a stake in a Louisiana plant and secure long-term gas supplies, signaling its growing ambitions in the liquefied natural gas market.
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The European Union wrestles with imposing new sanctions on Russia, including a potential first-ever ban on liquefied natural gas (LNG) exports. The bloc seeks to cripple the Russian economy but worries about the impact on its own energy security. Negotiations continue as the EU races to finalize the package before Hungary takes over the presidency.
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Canada is charting a new course for its liquefied natural gas (LNG) industry, prioritizing clean energy and emissions reduction. The government is encouraging private sector investment in clean electricity solutions for LNG production, aiming to achieve net-zero emissions by 2030 for new LNG facilities.
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The US pause on new LNG export permits has raised questions about meeting future global demand. Industry leader Baker Hughes says the gap will be filled by other countries like Qatar, Argentina, and African producers.
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Tanzania’s liquefied natural gas (LNG) project is experiencing significant delays, raising concerns about Africa’s potential to capitalize on the global gas export boom. The slow progress of some of sub-Saharan…
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Qatar, the world’s top exporter of liquefied natural gas (LNG), has unveiled a new plan to boost its output from the massive North Field, the largest natural gas field on…
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The US government has sought to calm the concerns of its allies over the future of liquefied natural gas (LNG) exports, amid a pause on new approvals by President Joe…
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QatarEnergy, the state-owned energy company of Qatar, has signed a long-term deal to supply Japan’s Mitsui & Co with 11 million barrels of condensate per year for 10 years starting…
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The US president, Joe Biden, has announced a pause on approvals for new liquefied natural gas (LNG) export terminals, a move that has been welcomed by climate activists but criticized…