Spanish power company Iberdrola (IBE.MC) said on Friday it had signed a 20-year liquefied natural gas (LNGLF) (LNG) sale and purchase agreement with Cheniere Energy Inc worth $5.6 billion.
LNG deliveries are due to begin in 2019, Iberdrola said in a statement, allowing the company to fulfill its long-term fuel needs for gas generation plants in Spain and Britain, where it is also a major operator.
Reporting by Tracy Rucinski
Malaysian palm futures rose on Thursday for the second time, following strength on the Dalian market as China switched to…
The launch of the Dangote Refinery near the Port of Lagos presents an exciting opportunity to transform the energy and shipping…
Astron Energy, an affiliate of the global commodity trader Glencore will invest up six billion rands ($328 million) in order to install new equipment…
Osaka Gas' president stated on Wednesday that the company does not need to purchase more liquefied gas from the United States…
The Dutch and British gas price fell on Wednesday morning, as the mild temperatures reduced gas demand. Meanwhile, the U.S.
The International Renewable Energy Agency's (IRENA) report on Wednesday showed that the global renewable energy capacity…
Tokyo Gas, Japan's largest city gas provider, said that it aims to double its net profits in 2026 and has plans to expand into the United States.
Tullow Oil, an oil and gas exploration company based in West Africa, reported on Tuesday that it returned to profitability last year.
Alaskan state officials, including the governor, and energy officials will visit South Korea Tuesday amid expectations that talks with U.S.
The European Commission gave Spain a win on Monday when it told the country that they would not be paying any compensation…
Three sources said that OPEC+ would likely stick with its plan to increase oil production for a second month in a row in May.
The Russian central bank warned Kremlin policymakers that the United States and OPEC could flood the oil markets and cause…
World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.
Subscribe to World Energy News Alerts.