Stay updated with breaking news from Nextdecade Corp. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Aramco and Ukraine are in negotiations for U.S. natural gas deals in the LNG market. Discover key details on supply agreements, sanctions on Russian projects, and the impact on European gas buyers.
LNG remains a major driver for the U.S. natural gas industry and will play an even larger role for incremental demand.
Abu Dhabi National Oil Co. (ADNOC) will purchase the stake in the Area 4 concession from Galp Energia SGPS SA, it said in a statement Wednesday. Galp will receive $650 million, and further contingent payments of as much as $500 million when two planned development phases go ahead, the Portugese company said in a separate statement.
UAE energy firm buys 11.7% in Texas based Rio Grande LNG export project
ADNOC has been looking for assets across the world as it seeks to expand its reach and access new markets.