Keywords: Natural gas
Venezuela has taken another step toward reshaping its energy industry after acting President Delcy Rodriguez signed the regulations needed to implement a sweeping reform of the country's Hydrocarbons Law, a move aimed at making the sector more attractive to investors. The newly enacted regulatory......
Egypt is intensifying coordination between its energy authorities to secure electricity supplies during the summer months, as officials prepare for a significant increase in power consumption driven by seasonal demand. The country's ministries responsible for electricity and petroleum have launched......
Global demand for liquefied natural gas (LNG) is on course for substantial long-term growth, with consumption expected to increase by approximately 65% by 2050 as Asian economies accelerate their energy transition and electricity demand continues to climb. According to Shell's latest annual LNG......
Energy giant Chevron and technology leader Microsoft have entered into a long-term agreement aimed at powering large-scale artificial intelligence data infrastructure using electricity generated from natural gas, highlighting the growing energy demands of the digital economy. Under the agreement, Chevron......
The rapid growth of artificial intelligence and cloud computing is driving an unprecedented surge in energy demand, leading to the fast-tracking of new power plants across the United States. Many of these facilities are being built specifically to supply large data centers, often with limited public......
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......
Cheniere Energy Partners has signed a major agreement with Bechtel Energy to move forward with the first phase of the expansion of its Sabine Pass LNG terminal in Louisiana, reinforcing the United States’ position as one of the world’s leading exporters of liquefied natural gas. The agreement......
Global energy trading activity reached a new milestone in May as Intercontinental Exchange (ICE) announced record levels of open interest across its natural gas and electricity markets. The development reflects growing uncertainty in global energy supplies and increasing demand for energy risk management......
Eni and its partners have approved a new development phase for the Baleine project in Ivory Coast, marking a major step forward in the expansion of one of the country’s most significant hydrocarbon discoveries. The project is being developed in partnership with Petroci and Vitol. The newly approved......
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