India Energy Week (IEW) 2025 has opened in New Delhi with exhibition space growing 65% to 28,000sqm and global delegates expected to exceed 70,000.
TotalEnergies’ LNG performance spurred 8% growth in Q4 but annual net income fell 21% to $18.3bn due to a sharp decline in refining margins.
The damaging first signs of an escalating trade war have emerged with China imposing a 15% tariff on US LNG and coal following the US 10% tariff on Chinese imports.
Monjasa has undertaken LNG bunkering in Dubai this month, claiming it is a first for the UAE and Middle East.
Baker Hughes has been awarded a major contract to provide a modularised liquefied natural gas (LNG) system and power island to support Venture Global (VG) LNG projects in the US.
Shell’s liquefaction and sales volumes fell to 7.1Mt and 15.5Mt respectively in the fourth quarter of 2024 as it posted overall earnings of $3.7bn – down from $6bn in the third quarter.
LNG prices are forecast to ease in 2025 – settling at $14-15 MMbtu – after recording new lows in 2024, according to Drewry Shipping Consultants’ research.
The Chinese New Year is underway and the festivities mark a slowdown in trade and disruptions to global supply chains until at least February 4.
Europe should do more to implement Russian sanctions, according to a leading European Commissioner speaking at the World Economic Forum annual meeting in Davos.
ADNOC Gas has awarded three contracts worth $2.1bn involving an LNG pre-conditioning plant (LPP), compression facilities and transmission pipelines to supply feedstock to the Ruwais LNG project.
