Global LNG outlook 2024-2028
Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according
Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according
Australia's government defended its scheme to cut carbon emissions on Friday, amid mining industry warnings that its carbon trading plan would cost 23,000 resource sector jobs as the country battles recession.
The European Union urged Australia on Monday to make deeper cuts to greenhouse gas emissions than it has committed to so far, saying the success of climate change talks this year depended on tougher action from rich nations.
Australia's government shook off on Friday coal industry warnings that 10,000 jobs would be lost and 16 coal mines forced to close unless a planned national carbon emissions trading scheme was dramatically overhauled.
On April 1, big announcements tend to be taken with a smidgen of salt. This, however, was no prank. On the east coast, in a small village called Gadimoga in Andhra Pradesh, an event that seems set to propel India into the big league in terms of energy security was beginning to play out. Mukesh Ambani
The Gorgon project off the coast of Western Australia, one of the world's largest gas developments, passed a milestone yesterday when an environmental regulator gave conditional approval to the site's expansion.
Pakistan is likely to bring Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) from Turkmenistan to meet its energy requirements besides offering Turkmenistan a facility at Gwadar Port for processing gas and export to other markets of the region.
Australia's planned emissions trading scheme might not be worth implementing without raising the upper limit of emissions cuts from 15 to 25 percent by 2020, the scheme's architect said on Thursday. The government's top climate adviser, Ross Garnaut, expressed doubts during a parliamentary inquiry into the planned scheme.
Australia's coal and gas producers, including miner Rio Tinto Ltd, said the government must give more assistance to major emitting export industries, and to increase the number of free carbon pollution permits.
Russia launched its $22bn liquefied natural gas project on the Pacific island of Sakhalin yesterday, opening a big new front to supply energy to Asia and on to North America as the Kremlin seeks to diversify energy markets from Europe.