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SHELL SEES LNG DEMAND JUMPING 60% BY 2040.
Shell forecasts a 60% rise in global LNG demand by 2040, driven by Asia’s economic growth, decarbonization efforts, and AI energy needs. Despite short-term uncertainties, LNG supply is set to expand, with the U.S. and Qatar leading production growth.
- 1 year, 3 months
BP SLASHES GREEN INVESTMENT.
BP plans to cut its renewable energy investments and increase oil and gas production due to investor pressure over low profits. This shift follows a broader industry trend, with major oil companies scaling back green energy commitments despite environmental concerns.
- 1 year, 3 months
SHARE OF RENEWABLE ENERGY IN MOROCCO'S ELECTRICITY MIX RISES TO 24%.
Morocco's electricity mix has experienced significant progress over the past year, with a notable increase in the share of renewable energy and a decline in coal's dominance.
- 1 year, 3 months
OIL RISES ON RUSSIA DISRUPTION WORRIES, US FUEL STOCKS DRAW.
Oil prices rose for the third consecutive day due to falling US fuel inventories and concerns over Russian supply disruptions. While US crude stockpiles increased, gasoline and distillate supplies declined, supporting price gains. Geopolitical tensions, including Russian attacks on Ukrainian gas infrastructure and disruptions in Kazakh oil exports, further fueled supply concerns. However, economic uncertainties, including potential trade tariffs and weakening global demand, could limit future price increases.
- 1 year, 3 months
TRUMP PUSHES JAPAN TO INVEST IN ALASKAN LNG TO STRENGTHEN US-ASIA ENERGY TIES.
Former President Trump pushed Japan to invest in the Alaskan LNG project to enhance US-Asia energy cooperation. The move aimed to strengthen economic ties, reduce reliance on Middle Eastern and Russian energy, and secure long-term LNG exports.
- 1 year, 3 months
CHINA’S TARIFFS HIT U.S. COAL, OIL, AND LNG EXPORTS.
China has imposed tariffs on U.S. coal, oil, and LNG exports, significantly impacting coal trade as China seeks alternative suppliers like Mongolia and Australia. In response, U.S. coal exporters are shifting their focus to India, reshaping global energy trade dynamics.
- 1 year, 3 months
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