SINGAPORE / Reuters Global liquefied natural gas (LNG) markets will remain oversupplied into the 2020s due to a surge in production, although soaring demand especially from China may tighten the market earlier than expected, the International Energy Agency (IEA) said on Monday. “We will see massive amounts of new LNG capacity coming to the market … so we will probably ...

Bloomberg Saudi Arabia is working on a plan to allow non-resident foreign investors to own strategic stakes in listed companies as the kingdom overhauls its economy. The Capital Market Authority and the Saudi Arabian General Investment Authority signed a memorandum to set up a framework to allow foreigners to own 10 percent or more of publicly traded companies and to ...

SINGAPORE / Reuters US liquefied natural gas (LNG) project developer Tellurian Inc is offering billions of dollars in equity in its Driftwood project in Louisiana to make it more attractive for buyers, a senior company official said on Monday. Tellurian is offering 60 percent to 75 percent equity interest in Driftwood Holdings, which comprises Tellurian’s upstream company, its pipeline and ...