German utility RWE has inked a deal with Abu Dhabi National Oil Company (ADNOC) for delivery of liquefied natural gas (LNG), the company announced on Sunday. The deal so far covers only one tanker: a shipment amounting to 137,000 cubic meters of LNG to be delivered by Abu Dhabi National Oil company to RWE in…
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Eurozone economic growth has slumped and could soon wind down to zero, the European Central Bank (ECB) vice president said on Monday. “We are seeing that in the third and fourth quarters there is a significant slowdown and we may find ourselves with growth rates close to zero,” Luis de Guindos said at a conference,…
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Increased purchases of liquefied natural gas (LNG) by European nations are expected to help the crisis-hit region generate enough power this winter to offset gas supplies from Russia, Bloomberg reported on Tuesday.
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