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Shell reportedly targets new Venezuelan gas areas to boost LNG supply

Shell plc SHEL is reportedly advancing negotiations with Venezuela’s government to expand its presence in the country’s most promising offshore natural gas fields. The London-based integrated oil and ...
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Shell sees strong LNG demand growth through 2040 outlook

Shell plc SHEL has reaffirmed its confidence in the long-term growth of liquefied natural gas (LNG), projecting a significant rise in global demand through 2040 and beyond. The company expects LNG ...
New Orleans City Business

Shell challenges arbitration loss against Venture Global

Shell’s challenge to its arbitration defeat to liquefied natural gas producer Venture Global centres on potential communications between the U.S. firm and independent engineer Lummus Consultants, a ...
Rigzone

Shell Commits to Long-Term Purchase from Ruwais LNG

'The deal marks ADNOC's first long-term LNG sales agreement with Shell and the eighth long-term offtake agreement secured for the Ruwais LNG project'. Image by AlbertPego via iStock Abu Dhabi National ...
Reuters

Exclusive: Shell-led LNG Canada faces problems as it ramps up production, sources say

LONDON/HOUSTON/CALGARY, July 29 (Reuters) - Shell-led (SHEL.L), opens new tab LNG Canada is experiencing technical problems as it ramps up production at its liquefied natural gas plant at Kitimat, ...
Seeking Alpha

Shell sees LNG driving more than half of global gas demand by 2040

Shell (SHEL) said Monday it expects strong demand growth for liquefied natural gas in the coming years, likely accounting for more than half of global natural gas demand growth by 2040. Shell (SHEL), ...
Crude Oil Prices

Shell Weighs $24 Billion Stake Sale in Australian LNG Project

Shell is in talks with ADNOC and Midocean Energy on the potential sale of its minority stake in the Australian North West Shelf LNG project, Bloomberg has reported, citing unnamed sources. The ...
Reuters

Shell says global LNG demand to rise at least 54% by 2040

LONDON, March 16 (Reuters) - Global demand for liquefied natural gas is estimated to rise by 54-68% by 2040 and 45-85% by 2050 from 422 million metric tons in 2025, boosted by growing Asian appetite ...
Crude Oil Prices

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 LNG trader, Shell, said at an ...
Seeking Alpha

Egypt to buy LNG from Shell, Saudi Aramco and others - Reuters

Egypt has reached agreements with several energy firms and trading houses to buy 150-160 cargoes of liquefied natural gas costing more than $8B to cover power demand through the end of 2026, Reuters ...
Upstream

Shell on 'listening tour' over shareholder LNG concerns

Shell has embarked on a “listening tour” following a shareholder resolution at this year’s annual general meeting that called on the supermajor to justify its liquefied natural gas strategy, multiple ...