Big Oil Bets on LNG: No More Wind and Solar?
The global energy landscape is shifting as natural gas takes center stage, driving both sustainable energy solutions and reliable power supply. Industry giants Chevron and Exxon are scaling back their investments in renewable energy projects like wind and solar, turning their focus toward gas-fired power generation. This shift aligns with the rising demand for uninterrupted […]
India’s Gas Demand Climbs as Fertilizers Dominate
LNG Imports Rise as Domestic Gas Production Declines: Shifting Energy Trends in India India’s natural gas consumption reached 6019 million standard cubic meters (MMSCM) in October 2024, reflecting the growing energy demands of its industrial and urban sectors. The fertilizer sector emerged as the largest consumer, accounting for 29% of the total usage, followed by […]
Energy Majors Unite to Expand LPG and Clean Energy in Africa and Asia
Four of the world’s largest energy companies—bp, Equinor, Shell, and TotalEnergies—have pledged a joint investment of $500 million to enhance access to energy and clean cooking solutions across sub-Saharan Africa and South and Southeast Asia. The initiative, managed by a global private equity firm, focuses on impactful projects such as solar home systems, mini-grids, energy […]
