– Shell makes pre-tax loss in LNG trading -sources – Loss due to wrong bet on European and Asian prices London — Shell’s (SHEL.L) liquefied natural gas (LNG) trading... Read more
Oslo — Europe needs to act now to avoid a natural gas shortage next year given the loss of Russian supply and expectations Chinese demand will increase, the International Energy Agency... Read more
London — Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering – demand for natural gas and electricity both fel... Read more
Lagos — China is set to register the highest liquefied natural gas (LNG) regasification capacity additions in Asia between 2022 and 2026, accounting for a share of about 34% of the reg... Read more
Lagos — India is set to register the second highest liquified natural gas (LNG) regasification capacity additions in Asia between 2022 and 2026, accounting for about 21% of the region’... Read more
Lagos — Gas flaring is now recognized as a major contributor to the emission of harmful gases affecting climate change and society by creating increased incidences of cancer in communi... Read more
– Russia says UK navy personnel blew up pipelines – Russia says UK navy personnel helped attack Crimea – Russia does not give evidence for claim – Britain denies Russ... Read more
Cut energy costs by 74% Lagos – To achieve net zero carbon emissions by 2060, and cut energy costs by 74%, Nigeria would require an investment of $425 billion, a report released by the globa... Read more
Milan — Italy plans to double its national gas production to 6 billion cubic meters (bcm) per year from the current 3 bcm, its industry minister said, in a further effort to cut the co... Read more
Lisbon — Nigeria LNG (NLNG) has delayed a liquefied natural gas shipment to Portugal’s Galp due at the end of this month, the first disruption since the Nigerian company declared force... Read more
