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business investment deal

Keywords: Liquefied natural gas


BP sells stake in Australian LNG project to South Korea's GS Energy

BP has announced the sale of a 5% stake in the Browse liquefied natural gas (LNG) project in Western Australia to South Korean energy company GS Energy, marking another step in the British group's ongoing portfolio optimization strategy. The transaction reflects BP’s objective of strengthening......

Japanese prime minister to discuss energy security with Australian counterpart

Japanese Prime Minister Sanae Takaichi is expected to hold talks with Australian Prime Minister Anthony Albanese during an official meeting focused on energy security and strategic cooperation, according to media reports. The discussions come as Japan continues to rely heavily on Australia as its main......

European gas prices surge nearly 50 percent after QatarEnergy halts LNG production

European gas prices jumped sharply on Monday, rising by nearly 50 percent after Qatar’s state-owned energy company announced a halt to its liquefied natural gas production following reported drone attacks. The surge adds to earlier gains recorded during the morning session, as markets were already......

Morocco turns to floating power ships to meet growing electricity demand

Morocco is exploring a flexible and rapid solution to its increasing electricity needs by considering the import of up to 6,000 megawatts of power via floating power ships from Turkey. These ships, equipped with mobile power plants, offer a timely alternative amid growing pressure on conventional energy......

Morocco launches tender for liquefied natural gas terminal to enhance energy security

Morocco has officially initiated a tender process, signaling its commitment to developing national gas infrastructure and establishing the country’s first liquefied natural gas (LNG) terminal at the Nador West Med Port. Energy Minister Leila Benali made the announcement during her participation......

Morocco's ambitious plans for natural gas terminal in Nador

Morocco is intensifying its efforts to diversify its gas resources, with plans to develop the first phase of a liquefied natural gas (LNG) terminal near Nador, a city in the east of the country. Energy Minister Leila Benali announced the government's commitment to initiating an action plan during......

Trump aims to shift Asia’s energy landscape with U.S. LNG

During a recent meeting between President Donald Trump and Japanese Prime Minister Shigeru Ishiba, the two leaders discussed the potential of a decades-old proposal to transport natural gas from Alaska to U.S. allies in Asia. Trump, alongside energy advisor Doug Burgum, presented the idea as a solution......

Morocco's natural gas production set to begin by late 2025

Morocco is on the cusp of entering the liquefied natural gas (LNG) market, marking a pivotal moment in its quest for energy independence. The Tendrara gas liquefaction facility, developed by British company Sound Energy, is nearing completion in eastern Morocco, with production trials slated to begin......

Global natural gas consumption hits record in 2024

Global natural gas consumption reached a historic high in 2024, according to the International Energy Agency (IEA), which anticipates a "tight" market in 2025. The world consumed 115 billion cubic meters more natural gas than in 2023, a 2.8% increase, well above the average growth rate of 2%......

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