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Shell to expand global LNG position with ~$6.2B deal with Repsol S.A.

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Royal Dutch Shell plc has agreed to acquire part of Repsol S.A’s LNG (liquefied natural gas) portfolio outside of North America, including supply positions in Peru and Trinidad & Tobago, for $4.4 The acquisition will LNG capacity in the West Atlantic from Atlantic LNG (ALNG) in Trinidad & Tobago, and in the East Pacific from Peru LNG (PLNG).

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EIA: US LNG exports grew to record highs in the first half of 2021

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Rising global LNG demand once COVID-19 restrictions began to ease, as well as continuous unplanned outages at LNG export facilities in several countries (including Australia, Malaysia, Nigeria, Algeria, Norway, and Trinidad and Tobago), also contributed to increased US LNG exports.

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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

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trillion) through to 2050 and can help cut the world’s road transport energy use and CO 2 emissions by nearly half in that same time, by improving vehicle fuel economy, according to an opinion paper recently published by the Commonwealth Advisory Bureau (CAB) and sponsored by the Global Fuel Economy Initiative (GFEI).

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BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

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The all-stock merger will create a global top 10 independent energy company by production, and will also allow BHP to focus more intently on “future-facing commodities” that are most positively leveraged towards population growth, rising living standards, electrification and decarbonization, the company said. The project will deliver 4.35

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Canada Launches Heavy Oil Working Group to Promote Cleaner Fossil Fuels

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It will work in partnership with other global networks, heavy oil organizations and industry in participating countries, as well as with research groups, academia and environmental organizations. The group will facilitate the exchange of information and the sharing of expertise in the area of heavy oil extraction and development.

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BP takes delivery of 6 new LNG tankers

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BP is taking delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers to support its expanding global LNG portfolio, and to respond to growing demand for lower-carbon energy sources around the world. BP also participates in LNG projects in Australia, UAE, Indonesia, Trinidad and Angola.

Trinidad 150
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UPS makes largest purchase of renewable natural gas yet in the US: 170M gallon equivalents over 7 years

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and, Trinidad, Colo., Since 2009, UPS has invested more than $1 billion in alternative fuel and advanced technology vehicles and fueling stations globally. Orleans, La.; Oklahoma City, Okla.; Omaha, Neb.; Phoenix, Ariz.; Port Allen, La.; Salt Lake City, Utah; San Antonio, Texas; Shreveport, La.; Sparks, Nev.; Tifton, Ga.;

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