A liquefied natural gas tanker is tugged towards a thermal power station in Futtsu, east of Tokyo. File/Reuters
Italian oil major Eni, China’s overseas energy unit PetroChina and two trading houses are vying to supply liquefied natural gas (LNG) to Pakistan in one of the largest tenders ever worth billions of dollars, two sources familiar with the matter said on Friday.
Construction delays and cost blowouts could hit the next wave of liquefied natural gas (LNG) projects as there are a limited number of contractors able to handle the huge projects, three developers said.
Total will take over Toshiba’s US liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal, the companies said on Saturday, weeks after attempts to sell it to a Chinese buyer fell through.
Liquefied natural gas (LNG) producers ConocoPhillips and Woodside Petroleum expect prices for the commodity to pick up in the short term, pulling away from three-year lows that were hit after a mild northern hemisphere winter.
United Arab Emirates (UAE) Minister of State for Foreign Trade Dr Thani Bin Ahmed Al Zeyoudi discussed expanding UAE-US trade and commercial activity during bilateral meetings
Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, on Thursday
Hub71, Abu Dhabi’s global tech ecosystem, and e& enterprise, part of e& (formerly known as Etisalat Group), on Thursday announced the launch of the region’s first AI Centre of Excellence (CoE).