Tag: LNG
Asia’s US$350bil gas projects intensify the clean energy debate.
Asia is investing over US$350 billion in gas projects to reduce coal dependency, but experts warn this could potentially slow renewable energy adoption and lock in fossil fuel use for decades.
Ukraine war drives the US, EU deal to undercut Russian energy
President Biden and European Commission President Ursula von der Leyen discuss reducing Europe's 40% reliance on Russian gas, driven by the Ukraine conflict. The deal aims to swiftly cut economic ties with Moscow and reshape energy dynamics in response to the ongoing war.
Malaysia’s Petronas signs the first Canadian-indexed LNG deal.
Malaysia's Petronas, a leading petroleum corporation, has signed its inaugural LNG deal using Canadian pricing indicators, marking a significant milestone in international energy trading for the state-owned company.
