The LNG industry is encountering several challenges that may affect its future growth, including regulatory obstacles, supply chain disruptions, and price sensitivity. A key driver of the industry’s expansion, Asian demand for LNG, is showing signs of cooling as storage capacity approaches its limit.
Shell is facing a lawsuit in Nigeria, with communities from the Niger Delta demanding hundreds of millions of dollars in compensation for environmental damage caused by the company’s operations.
Crude oil prices continued their upward trend today, building on Thursday's gains, and are on track to break a three-week losing streak if the momentum holds.
Earlier this month, OPEC and its partners from Central Asia and Russia postponed the planned rollback of production cuts originally agreed upon in 2023 to counter falling oil prices.
An Indian company, Orga Bharat BTE Limited - Abu Dhabi, has been granted oil and gas production concessions in Ruwais, UAE, highlighting the strengthening cooperation between the two nations.
Namibia's largest solar power plant project has reached a significant milestone, boosting the country's clean electricity generation capacity and reducing its dependence on imported power.