ADNOC’s XRG has expanded into Australian LNG with a $1.45-billion deal to acquire Shell’s stake in the North West Shelf project, per ogj.com.
Shell Australia will sell its 16.67% interest in the North West Shelf for the same amount, Bloomberg reports.
The acquisition marks a significant shift in Australia's energy landscape as ADNOC strengthens its global LNG presence, according to indexbox.io.
Fortescue’s recent ammonia-powered bulk carrier trial in Western Australia highlights the region's growing role in green energy innovation, miningweekly.com notes.
E14 places every story on a stack of fifteen floors, from the fields under everything to the planet acting as one. This one sits on E3, chemistry; the pressure it names: energy fuels. Its words also reach E10 institutions and E7 ecosystems.
Here it is a dynamic between institutions and ecosystems: $1.45-billion deal and LNG presence (E10 institutions), with green energy innovation (E7 ecosystems).
The floor of chemistry: what is in the air and ground.
The floor of money and rules. In this briefing: $1.45-billion deal, LNG presence.
The floor of weather and living systems. In this briefing: green energy innovation.