Qatar’s Al-Kaabi Warns AI Power Demand Could Spark LNG Shortage by 2030
Qatari Energy Minister Saad al-Kaabi on Monday warned that rising power demand from artificial intelligence could wipe out the global LNG surplus and push markets into deficit by around 2030,…
U.S. Extends License Protecting Venezuela-Owned Citgo From Creditors
The United States has extended a Treasury license that shields Venezuela-owned refiner CITGO Petroleum Corp from creditor actions through March 20, a move that preserves the company’s legal status while…
Major LNG Players Skip Qatar Conference
Some of the liquefied natural gas industry’s biggest companies are skipping a key conference in Qatar due to fears that simmering US-Iran tensions could still erupt into a regional conflict.…
Equinor Exits Argentina’s Vaca Muerta Shale Play
Equinor will sell all its assets in Argentina’s Vaca Muerta basin to Vista Energy in a cash and stock deal worth $1.1 billion, the Norwegian energy major said on Monday…
Shell Sees LNG Sector Growing by 3% Per Year
The global LNG market is expanding by 3% every year, growing at a faster pace than the overall natural gas market, Wael Sawan, chief executive officer of the world’s top…
