Trinidad and Tobago aims to restart an idled liquefied natural gas (LNG) unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas supplies, according to three people with knowledge of the plans.
Austrian oil and gas company OMV is not planning on selling its majority stake in the petrochemicals subsidiary Borealis, OMV Chief Executive Alfred Stern said on Wednesday.
The war in Ukraine is deepening the climate crisis at time when global greenhouse gas emissions are already running at a record high, according to report by carbon accounting experts who have tallied the overall impact of the conflict.
Norway's Hammerfest liquefied natural gas (LNG) plant was shutting down on Wednesday due to a gas leak, a spokesperson for operator Equinor said, confirming an earlier police report.
Commonwealth LNG expects the U.S. Department of Energy (DOE) to approve a license as early as next month that would allow it to export liquefied natural gas (LNG), according to Executive Chairman Paul Varello.