Global LNG demand to surge 50% – Shell

The coal-to-gas pivot by industrial consumers across Asia is gathering pace, according to the energy giant Global demand for liquefied natural gas will increase more than 50% in less than two decades, according to the LNG Outlook 2024 released this week by British energy giant Shell.

779
Like
Save
Record loss reported by world’s largest sovereign wealth fund

Norway’s state pension fund recorded a loss of nearly 15% in the first half of 2022 Norway’s trillion-dollar state pension fund, NBIM, suffered the biggest loss in its history in the first half of the year, the Financial Times reported on Wednesday, citing an official statement.

779
Like
Save
US ‘directly’ involved in Ukraine conflict – Moscow

Washington should be on a “list of war criminals” for sharing military data with Kiev, the head of Russia’s Duma has said Washington should be added to a “list of war criminals” as it is now directly participating in “hostilities” in Ukraine, Chairman of Russia’s State Duma Vyacheslav Volodin claimed on Saturday, citing media reports…

779
Like
Save