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Shell released a new study Wednesday in which it finds that global demand for liquefied natural gas (LNG) is likely to rise by 50 per cent by the year 2040. Shell projects total global demand for the precious commodity will rise to between 625-685 million metric tons per year over the next 16 years, with the biggest demand growth expected to come from China, South Asia and Southeast Asia.
(Bloomberg) -- The Biden administration on Tuesday outlined its plan for ensuring oil companies have enough money set aside to clean up old offshore platforms, as costs mount for decommissioning decades-old infrastructure in the Gulf of Mexico. Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSUBS Preparing to C
Exports of natural gas from Libya to Europe are expected to be significantly lower this month compared to normal levels, due to a three-week maintenance program at the Mellitah Industrial Complex in the North African oil and gas producer
As energy companies and governments invest heavily in natural gas, leading environmental experts question whether the ongoing funding of the fossil fuel industry can be justified,
Turkey's President Tayyip Erdogan has said that the country's Sakarya gas field in the Black Sea is on schedule to go online next year