With the New Year in full swing, and as majors prepare to report Q4 23 and full year 2023 results in early Feb, Shell has revealed it is expecting LNG trading in Q4 to come in "significantly" higher than the previous quarter. However its results will take a hit of up to USD 4.5bn relating to its Singapore assets.
Elsewhere, the UK government pledged to invest USD 382.8 million into plans to launch a high-assay low enriched uranium (HALEU) programme which is needed to power the next generation of nuclear reactors.But the announcement faced scrutiny later in the week.
Finally, Energean CEO Mathios Rigas told Gas Matters Today the company had grappled with differing political and cultural views at the height of the geopolitical tensions between Israel and Hamas last year.
Here’s your weekly catch up service of the top issues that made the news this week:
Shell's Q4 set for 'significantly higher' LNG trading lift amid impairment flag
KN clinches German contract to commercially manage four LNG terminals
UK bets $383m on nuclear fuel push
TotalEnergies confirms FID into natural gas, CO2 separation for Brazil’s Mero field
Shell locks in 20-year SPA from 'lowest emitting' FLNG terminal
2024: Industry experts see LNG glut, heightened shipping risks and a bumper election year
UK's Offshore Petroleum Licensing Bill in limbo as vote delayed
Chevron Americas chief warns of investment pullback over California's green push
ADNOC takes 25% stake in US drilling tech firm via Alpha Dhabi JV
TotalEnergies bolsters stake in Namibian offshore field near Venus Discovery
EDF’s nuclear lifetime extensions set to impact UK gas demand
IEA reports strong solar PV growth in 2023 but flags hydrogen slowdown
Energean CEO Mathios Rigas grapples with internal culture conflict as Israel-Palestine war rages
South Africa names Vopak to develop Richards Bay LNG terminal
What Chesapeake’s $7.4bn Southwestern purchase signals for the sector
UK’s nuclear push under scrutiny as sceptics raise doubts over costs, lead times
VG accuses Shell of improper use of FERC complaints process in Calcasieu Pass row
ADNOC’s 10% Storegga stake set to cut emissions, ‘spread’ UAE’s geopolitical wings
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