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Top News In Refi1 Today - Breaking & Trending Today

Exclusive: Shell pivots back to oil to win over investors -sources

Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said. ....

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Exclusive: LNG developer Venture Global spars with customers over cargoes

Venture Global LNG, which is building three multi-billion dollar U.S. liquefied natural gas processing plants, is sparring with two customers of its first project over mechanical failures that have prevented commercial deliveries a year after initial shipments began. ....

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Despite China heatwave, weak factory demand curbs coal prices, LNG imports

An ongoing heatwave in China is boosting power demand for cooling, but tepid industrial demand and record high coal inventories are keeping prices at two-year lows and limiting spot liquefied natural gas (LNG) imports. ....

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Saudi, Qatar bourses rise in early trade, oil weighs on other markets

Stock markets in Saudi Arabia and Qatar rose in early trade on Wednesday ahead of a widely expected interest rate hike pause by the U.S. Federal Reserve, although other major markets were subdued on falling oil prices. ....

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Exclusive: Trinidad to restart idled LNG unit by early 2027 amid restructuring -sources

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. ....

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