New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the coming years, a senior Exxon Mobil Corp. executive said.
Japan's top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centres and AI, a senior executive told Reuters.
Japan’s JERA, a joint venture between Tokyo Electric Power Company (Tepco) and Chubu Electric Power Company, has signed a $450 million liquefied natural gas supply deal with the Adnoc Gas of the UAE.
Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually,
Venture Global, the second-largest exporter of liquefied natural gas in the United States, has raised $1.75 billion, marking the first
One of the president’s executive orders offers a new path for getting a gas development across the finish line.
Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could provide relief for gas importers and help pad profits for traders.
ADNOC Gas’ Das Island LNG facilities have been supplying LNG to Japanese energy companies for 48 years. This latest agreement, building upon a similar 2023 supply agreement, further cements the legacy of collaboration between the UAE and Japan, reflecting ADNOC Gas' role as a preferred LNG supplier to key global markets.
U-Ming Marine Transport has returned to Oshima Shipbuilding for a pair of ultramax bulk carrier newbuildings. The Taipei-based shipping company, which has not ordered ships from the Japanese shipyard since the end of 2019, has ordered signed up for two 64,000-dwt bulkers.
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To address the growing energy shortage in the country, the government has decided to carry out drilling, workover, exploration, and development of 34 gas wells across various regions this year, with the expectation of adding 320 million cubic feet per day (mmcfd) of natural gas to the national grid.