LONDON / Reuters More than $200 billion of investment in liquefied natural gas is needed to meet a boom in demand by 2030, Royal Dutch Shell, the world’s top LNG trader, said. The LNG market is set to continue its rapid expansion into 2020 as facilities approved for construction in the first half of the decade come on line, in ...

TOKYO / Reuters The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country’s shale oil boom continues to upend global markets. IEA Executive Director Fatih Birol said at an event in Tokyo the United States would overtake Russia as the biggest crude ...

RIYADH / Reuters Marriott International expects to attract $2 billion of investment in Saudi Arabia in the next four years by almost doubling the number of hotel rooms it operates there, an executive said. The kingdom aims to boost domestic and international tourism in its drive to diversify the economy away from oil exports. It is has set a target ...