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LNG Kingpin Pursues More Aggressive Strategy - Vimarsana News

LNG Kingpin Pursues More Aggressive Strategy

by Bloomberg |Thursday, May 20, 2021 The world's top exporter of LNG is ramping up production dramatically and undercutting competitors. (Bloomberg) -- The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market. Qatar is dropping prices and pushing ahead with a $29 billion project to boost its exports of the fuel by more than 50%, stymieing the prospects of new plants elsewhere. It’s also established a trading team to compete in the nascent spot market and pushing into Asia more aggressive...

Qatar invests billions, undercuts rivals to maintain LNG market dominance - Vimarsana News

Qatar invests billions, undercuts rivals to maintain LNG market dominance

The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market.

GE eyes 100% hydrogen-fuelled power plants by 2030 - Vimarsana News

GE eyes 100% hydrogen-fuelled power plants by 2030

While fossil gas is often seen as a transition fuel towards a fully decarbonised energy mix, GE Gas Power sees low-carbon gas as “a destination technology” with a potential to convert power plants to run 100% on clean hydrogen by 2030.

Former Westborough car dealership sells for $3M - Vimarsana News

Former Westborough car dealership sells for $3M

By Grant Welker A former Nissan automotive dealership on Route 9 in Westborough has sold for $3.3 million to the owner of a Nissan dealership in Brockton. The site at 273 Turnpike Road was a Glick Nissan and later a Nissan dealership for the Herb Chambers chain. The building has been vacant for more than three years, going out of business soon after the Westboro Toyota dealership next door was expanded. The buyer of the site is a limited liability corporation registered to Edward Kardon of Plymouth, the owner of Route 24 Nissan in Brockton, and Jonathan Stern of Armonk, N.Y. The...

Russia's Biggest LNG Producer Joins Race to Make Fuel Greener - Vimarsana News

Russia's Biggest LNG Producer Joins Race to Make Fuel Greener

Publishing date: Mar 11, 2021  •  March 11, 2021  •  2 minute read  •  Article content (Bloomberg) — Russia’s biggest liquefied natural gas producer joined the race to make sales of the fastest growing fossil fuel as clean as possible. Buyers from Singapore to Europe are increasingly demanding to know exactly how dirty the gas is and the scale of the emissions it produces on its journey from wells to the end user. There is also mounting pressure from investors concerned by a lack of progress among the biggest energy companies to curb pollution. We apologize, but this video h...