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May’s Brexit tactics leave EU leaders alarmed, dismissive

Bloomberg Tensions over Britain’s divorce from the European Union ratcheted higher as PM Theresa May’s approach was described as “alarming” by one of her peers, and leaders said time was running out to avoid a catastrophic breakup. One EU premier, who heard May’s address on Brexit during the EU summit in Brussels, said he was shocked by the tone and ...

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Big oil touts gas as fossil fuel answer to global warming

Bloomberg To reduce emissions and provide affordable electricity, the world needs to burn more fossil fuels, not less. That’s the message being delivered by the world’s biggest energy companies at the World Gas Conference in Washington, where they championed natural gas as the fuel of the future, rather than one that simply bridges the gap towards renewables. The world is ...

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India hunting for shorter LNG deals

Bloomberg The good news for global natural gas exporters is that India’s largest utility is hunting for new supplies to import. The bad: It’s seeking shorter deals than have been traditional in the past. India now consumes almost 22 million metric tons a year of liquefied natural gas, but that demand could double within just four to five years, according ...

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