Key facts: Shell to increase LNG production by 50% by 2030; CB&I acquires Petrofac’s North Sea ops — TradingView News
Shell plans to increase its global liquefied natural gas (LNG) production by 50% by 2030, amidst criticism from various sectors regarding the impact of renewable energy on the LNG market.1CB&I’s acquisition of Petrofac’s North Sea operations, which manages platforms for oil and gas companies including Shell, has resulted in the preservation of approximately 3,000 jobs in the UK.2