CDN and International News

Auto Added by WPeMatico

Shell Wants to Export Venezuelan Gas Through Trinidad, CEO Says

(Reuters) – Shell hopes to produce gas from Venezuela’s Dragon field in three years and have it processed in Trinidad and Tobago for export, CEO Wael Sawan told Bloomberg TV in an interview on Thursday. Shell and Trinidad have been trying to increase the supply of natural gas to Trinidad’s Atlantic LNG export facility and …

Shell Wants to Export Venezuelan Gas Through Trinidad, CEO Says Read More »

Shell Weighing Venezuela Offshore Investments Worth Billions of Dollars, CEO Tells CNBC

(Reuters) – Shell is weighing investments in certain offshore natural gas opportunities in Venezuela involving investments worth a few billion dollars with production expected in the next couple of years, CEO Wael Sawan said in an interview with CNBC on Thursday. “These are opportunities that could potentially be activated within months,” he told CNBC, adding …

Shell Weighing Venezuela Offshore Investments Worth Billions of Dollars, CEO Tells CNBC Read More »

Japan-Qatar Gas Tie-Up Highlights Global Push for Energy Security: Bousso

By Ron Bousso Qatar’s long-term deal to supply Japan’s power giant JERA with liquefied natural gas highlights two key themes in the red-hot market for this super-chilled fuel: the race to gain market share and the global push for energy security. Qatar’s national oil and gas company QatarEnergy on Tuesday signed a deal to supply …

Japan-Qatar Gas Tie-Up Highlights Global Push for Energy Security: Bousso Read More »

Venezuela Oil Won’t Top Others in Region for Years, Rystad Says

By Ella Feldman Argentina, Guyana and Brazil remain poised to drive oil production growth in South America for years to come despite the US push for investment in Venezuela, Rystad Energy says. The consulting firm estimates flagship projects in the three countries will add more than 700,000 barrels per day in oil production this year, …

Venezuela Oil Won’t Top Others in Region for Years, Rystad Says Read More »

Trafigura CEO Says LNG Projects Need New Financing Playbook

By Priscila Azevedo Rocha Richard Holtum Photographer: Aaron M. Sprecher/Bloomberg Trafigura Group Chief Executive Officer Richard Holtum said the liquefied natural gas industry needs a “bit of innovation” when it comes to financing projects. “I feel sorry for LNG projects in the US,” Holtum said on a panel at the LNG 2026 conference in Doha. …

Trafigura CEO Says LNG Projects Need New Financing Playbook Read More »

Alberta Premier Sees Several Options For New Oil Pipeline to Feed Asia

Smith’s criteria suggest Prince Rupert may be the top option, as the city is already home to Canada’s third-largest port By Thomas Seal Danielle Smith said last week she and B.C. Premier Eby share “so much common ground” on resource development, including the possibility of expanding Trans Mountain again. Photo by Blair Gable/Postmedia files Alberta …

Alberta Premier Sees Several Options For New Oil Pipeline to Feed Asia Read More »

Norway’s Socialist Party Backs Down From Threat to LNG Electricity Project

(Reuters) – Norway’s Socialist Party has withdrawn its support for a proposal to block Equinor’s Hammerfest liquefied natural gas plant from receiving a planned onshore power connection, clearing the way for the grid development to proceed. Parliament is due on Thursday to vote on an opposition proposal seeking to revoke the LNG plant’s planned link …

Norway’s Socialist Party Backs Down From Threat to LNG Electricity Project Read More »

Suncor to Lay Out Plans for Long-Term Bitumen Supply This Spring

(Reuters) – Canadian oil sands producer Suncor Energy will present the market this spring with options it is considering for securing long-term bitumen supply, the company’s chief executive said on Wednesday. The bitumen supply question will be one of the central themes of a new long-term vision the company plans to unveil at a March …

Suncor to Lay Out Plans for Long-Term Bitumen Supply This Spring Read More »

Malaysia’s Petronas Set to Sign LNG Supply Deal With QatarEnergy, Sources Say

By Emily Chow and Yousef Saba DOHA, Feb 3 (Reuters) – Malaysia’s state-owned firm Petronas is set to sign a liquefied natural gas supply deal with QatarEnergy as the southeast Asian nation seeks more supplies of the super-chilled fuel, two sources familiar with the matter told Reuters. Petroliam Nasional, or Petronas, will sign a contract …

Malaysia’s Petronas Set to Sign LNG Supply Deal With QatarEnergy, Sources Say Read More »

Ukrainian Energy Minister Says Kyiv Power Plant Badly Damaged

Feb 3 (Reuters) – Ukrainian Energy Minister Denys Shmyhal said on Tuesday that a power plant in Kyiv’s eastern suburbs had been seriously damaged in overnight Russian attacks, prompting officials to redirect resources to restoring heating to thousands of residents. Shmyhal, writing on Telegram after a meeting devoted to energy issues, said the plant in …

Ukrainian Energy Minister Says Kyiv Power Plant Badly Damaged Read More »