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Top World Oil News

Bola Tinubu · NigeriaShell and its partner Sunlink Energies and Resources Limited have taken a final investment decision on the HI gas project offshore Nigeria, which will supply additional gas volumes to Nigeria LNG, the supermajor said on Tuesday. The HI project, expected to start up by the end of the decade, will supply 350 million standard cubic feet, or about 60,000 barrels of oil equivalent, of gas per day at peak production to Nigeria LNG (NLNG), in which S…See the Story
Shell Invests in Gas Project Offshore Nigeria
34% Center coverage: 3 sources

Oil and Gas Sector · Abu DhabiThe world’s next liquefied natural gas (LNG) boom is already priced in—but according to Adnoc Gas CEO Fatema Al Nuaimi, the coming wave of supply won’t crush the market. It will create it. Speaking this week, Al Nuaimi said falling prices from the surge in new projects—many set to come online by 2030—will spur structural demand growth that sticks. “When price-sensitive markets tap into the LNG market, they don’t go back,” she told Bloomberg. It’…See the Story
ADNOC Gas Sees LNG Glut as the Spark for Lasting Demand
Coverage: 2 sources