The Great LNG Gamble: Why Energy Giants Are All In on Flexibility The recent flurry of high stakes deals in the energy sector has left many wondering what's behind this sudden rush to own floating liquefied natural gas (LNG) assets.
Abu Dhabi's ADNOC investment arm, XRG, is reportedly considering acquiring up to 50% of Energos Infrastructure, a company valued at around $3 billion.
Meanwhile, shipowners have ordered more Very Large Crude Carriers (VLCCs) than in any comparable period over the past quarter century.