20 September 2024
20 September 2024
The US will continue to supply natural gas to north-west Europe as the region continues its decarbonisation efforts.
The sale to Britain's Prax Group is now uncertain due to pending lawsuits and the need for regulatory approvals.
In June, both OPEC and OPEC+ agreed to maintain oil output reductions until 2025.
The company’s strategy in the US liquefied natural gas (LNG) market now involves sales and purchase agreements (SPAs) with LNG developers.
This partnership aims to expedite the development and implementation of generative AI (GenAI) foundation models across SLB's global platforms.
Under the agreement, Glencore will purchase two million tonnes per annum (mtpa) of liquefied natural gas (LNG) for 20 years from Commonwealth LNG.
The project is set to commission a total of 32 development wells and is expected to reach peak production by 2026.
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