Aramco and Sempra enhance global LNG supply with new agreement

Aramco and Sempra enhance global LNG supply with new agreement

Aramco, a global leader in integrated energy and chemicals, along with Sempra, a major North American energy infrastructure entity, have announced a preliminary Heads of Agreement (HoA) that signifies a profound advancement in liquefied natural gas (LNG) capabilities. This agreement is set to last for 20 years, entailing an offtake of 5.0 million tonnes per […]

Shell acquires Pavilion Energy in strategic move in global LNG market

Shell acquires Pavilion Energy in strategic move in global LNG market

Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has agreed to acquire Pavilion Energy Pte. Ltd. from Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek. The deal involves acquiring 100% of Pavilion Energy’s shares, significantly enhancing Shell’s position in the liquefied natural gas (LNG) market. Pavilion Energy is recognized for its […]