New Zealand plans to sign a contract for its first liquefied natural gas import facility before the November election, with the government betting cheaper global LNG prices in coming years will make the fuel an affordable and reliable backup for renewable electricity.
India’s state-owned Oil and Natural Gas Corp. approved an expansion of the country’s strategic oil reserves, highlighting a push to strengthen energy resilience following the shock of the Iran war.
ADNOC has signed a 15-year Sales and Purchase Agreement (SPA) with Japan’s largest exploration and production company, INPEX, for the supply of 1 million tonnes per annum (mtpa) of LNG from its Ruwais project
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