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Trinidad boosts LNG exports to Europe, rushes more gas output | Hellenic Shipping News Worldwide

Trinidad and Tobago’s sales of liquefied natural gas (LNG) to Europe have doubled so far this year to 40% of the total, Energy Minister Stuart Young said on Tuesday, as demand continues growing amid a reduction of Russian gas supplies. Trinidad’s LNG exports declined to 7.9 million tonnes last year after the country, the largest ...
United States Trinidad And Tobago Aurora Ellis Woodside Ruby Marianna Parraga Stuart Young

OPEC+ Ratifies August Supply Hike, Next Move Left Unresolved

The OPEC+ coalition ratified an oil-production increase that completes the return of supplies halted during the pandemic, while deferring discussions on its next move for another day. The 23-nation group led by Saudi Arabia rubber-stamped plans to add 648,000 barrels a day in August, restoring the final tranche of the…
Saudi Arabia Ar Riya United Arab Emirates City Of United Kingdom Ben Van Beurden

Shell Chief Paints Bleak Picture on Global Energy Supply

(Bloomberg)  The world is heading for a “turbulent period” as tightening supplies of liquefied natural gas and oil exacerbate a global energy crunch, Shell Plc Chief Executive Officer Ben van Beurden said. Speaking in Singapore, the CEO painted a bleak picture of an energy supply that will struggle to replace…
Ben Van Beurden Van Beurden Shell Plc Shell Plc Chief Executive Officer Ben

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