Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27mn tonnes to 319mn tonnes, according to Shell’s latest annual LNG Outlook
Gas
ECO announces appointment of joint corporate brokers
Eco (Atlantic) Oil and Gas Ltd has announced that it had appointed Stifel and Berenberg as its joint corporate brokers with immediate effect
Shell to spend US$54.6bn on oil, gas upstream projects by 2025
Total new-build capital expenditure (capex) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025
L&T Hydrocarbon Engineering to build gas plants in Algeria
Indian multi-national Larsen & Toubro (L&T), through its subsidiary Larsen & Toubro Hydrocarbon Engineering Limited (LTHE), said it has won a mega order from Sonatrach-Algeria
BP starts off production at Egypt’s West Nile Delta project
Oil and gas firm BP has announced the first gas production from the second stage of its West Nile Delta development offshore Egypt