Utilities

Glencore secures binding agreement for Commonwealth LNG offtake
Commodities giant Glencore has finalised binding agreements with Commonwealth LNG and Kimmeridge Texas Gas (KTG) to form a strategic natural gas and liquefied natural gas (LNG) partnership, according to an official announcement.

XRG secures major gas partnership with Petronas in Turkmenistan
XRG has significantly expanded its Central Asian presence by acquiring a 38% stake in Turkmenistan's offshore "Block I" gas and condensate fields, the company announced yesterday.

Millions of Americans at Risk of Summer Power Shortfall, Regulator Says
Millions of Americans from the upper Midwest to the Gulf Coast are facing the biggest threat of power supply shortfalls in the US this summer.