Page 13 - Shell Plc News Today

Industry insiders have started acknowledging that these technologies powering the fourth industrial revolution are indeed power hungry.

Shell Plc has been considering slowing the pace of its carbon-emissions cuts as it updates its energy-transition strategy, according to people familiar with the matter.

As Berry Corp. continues its aggressive hunt for growth opportunities outside of California, the E&P made a second bolt-on acquisition in Kern County in the fourth quarter.

The Nigeria Liquefied Natural Gas Limited, on Wednesday, announced that its annual production of Liquefied Petroleum Gas, popularly called cooking gas, has increased to over 1.5 million metric tonnes.

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BP Plc on Tuesday urged U.S. regulators to refuse Venture Global LNGs request for an extension of time to build its Calcasieu Pass export plant.

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The outlook is one of the most bullish in the industry, as energy companies and environmentalists debate the role of gas in the world’s transition to cleaner fuels.

Venture Global LNG on Monday told U.S. regulators it will not provide energy firms Repsol SA REP.MC and Galp Energia GALP.LS with confidential documents on a Louisiana export terminals operations unless ordered to do so.

Demand for LNG is forecast to rise more than 50 per cent by 2040