Last year, Norway delivered 91.1 bcm of gas to the EU, up 15 percent from 2021, which represented 33.4 percent of the EU’s total imports. U.S. gas shipments increased by 139 percent over the same period, reaching 45.1 bcm, or 16.5 percent of the total. Other important partners last year included Algeria (39.2 bcm), Qatar (11.8 bcm), Azerbaijan (11.7 bcm) and the United Kingdom (11.7 bcm). Despite these shifts, overall EU gas imports in 2024 were still 61.4 bcm lower than in 2021.
The transaction is expected to increase the free float of ADNOC L&S shares to around 22%. In a pre-offering statement, ADNOC L&S indicated that it aims to increase the trading liquidity of its shares as a pathway to inclusion in the MSCI Emerging Market Index, which would help diversify the company’s shareholder base.
The U.S. shale patch is trimming capital expenditure budgets to preserve cash amid the lower oil prices. American producers could further cut back on spending and activity if the prevailing forecasts of a global oversupply materialize in the coming months.
The National Investment Corp., a unit of the Kazakh central bank that manages part of the country’s $60 billion oil fund, sees data centers and other AI architecture as a path to stronger returns in a challenging environment, CEO Serikzhan Rysbekov said in an interview at the firm’s headquarters in Astana.
Oil traders are focused on New Delhi’s buying after Washington doubled tariffs on many Indian imports to 50 percent to try to end the war in Ukraine. As part of the drive – which has not been matched by similar US action against China, another big importer – Treasury Secretary Scott Bessent accused the country’s wealthiest families of profiteering, and Navarro said the nation was fueling “the Russian war machine” and “nothing but a laundromat” for the Kremlin.
“Winning work in a new geography with a new client is an exciting development for our business. We’re proud to play a role in Malaysia’s latest exploration campaign, where reliable, high-quality seismic data is essential for guiding drilling and development decisions”, Charles Davidson Jr., CEO and Executive Chairman of PXGEO, said.
Ghana National Gas Limited Company (GNGLC) has dismissed reports circulating on social and traditional media suggesting that the planned maintenance shutdown of the Atuabo Gas Processing Plant was unsuccessful.
The meeting brought together key stakeholders, including the Minister for Energy and Green Transition, the Director-General of the State Interests and Governance Authority (SIGA), the Chief Executive Officer of the National Petroleum Authority, representatives from the Ministry of Finance, the Ghana Audit Service, the Board members of BOST and the management of BOST.
Transparency gives us a competitive edge in tenders. We have no outstanding debts, and our finances speak for themselves. We are known for being a boutique insurer. We don’t underprice or take on risk carelessly. Our rates reflect real value.
In the health segment, where we are a market benchmark, brokers often recommend us when competitors offer unsustainable quotes. Ultimately, the client’s choice prevails, but the broker’s role is to advise and protect.
“As co-chair of OEUK’s board, Phil’s guidance, passion, and generosity helped drive the North Sea Transition Deal and made sure the voice of our 200,000 people was heard by governments and politicians of all parties,” he added.