Shell Signs LNG Deal to Boost Supply to Southern Europe

Shell and Greek energy and metals firm Metlen have signed a cooperation deal for LNG supply and trading, which would boost deliveries to Greek import terminals and supply to southern…

Weak China Demand Pushes Australian Gas Exporters to Seek New Buyers

Asia’s weak LNG demand has prompted one of the biggest exporters, Australia, to ship a cargo of the fuel as far as East Canada on a 16,000-mile journey, vessel-tracking data…

EIA Sees USA Energy Demand Under 2025 Levels for Next 2 Years

In its latest short term energy outlook (STEO), which was released on February 10, the U.S. Energy Information Administration (EIA) projected that U.S. total energy consumption will remain below 2025…

Top Stories Of The Day: SECI to Invest ₹1050 Crore in FDs; Enerparc Launches Power Trading Arm in India and More…

Solar Energy Corporation of India (SECI) plans to invest ₹1050 crore in fixed deposits through scheduled commercial banks. The move reflects prudent treasury management, ensuring optimal utilization of surplus funds…

U.S. Crude Stockpile Surge Weighs on Oil Prices

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 11.4 million barrels in the week ending February 20, after falling by 609,000 barrels…