Shell CEO Wael Sawan confirmed on Thursday that the company and its LNG Canada partners expect to take a final investment decision on the second phase of the project by the end of this year.
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Egypt's Ministry of Petroleum and Mineral Resources said on Wednesday that no one was injured after a fire broke out aboard the 138,350-cbm Energos Winter in Damietta.
French LNG containment giant GTT expects approximately 550 orders for large LNG carriers over the next ten years, according to chief executive Francois Michel.
LNG giant Shell reported a jump in adjusted earnings in the second quarter of this year, while its LNG sales also increased compared to the same period in 2025.
Shell-led LNG Canada has signed an agreement with five northwestern B.C. First Nations, giving them the option to invest up to C$1 billion ($711 million) to acquire an LNG storage tank slated for construction as part of the expansion of its Kitimat LNG export facility on the west coast of Canada.
Canadian gas producer ARC Resources said that its shareholders have approved the previously announced acquisition by UK-based LNG giant Shell, valued at approximately $16.4 billion, including debt.