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LNG Canada Doubles Capacity as Asia Looks Beyond the Gulf

Source: OilPrice.com ·
Trading floor of the New York Stock Exchange with banks of monitors
File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Last month, Shell (NYSE:SHEL), alongside Malaysia's PETRONAS, China's PetroChina, Mitsubishi Corporation and KOGAS, officially approved the Final Investment Decision (FID) for the LNG Canada Phase 2 expansion project, doubling the facility's capacity to 28 million tons per annum (mtpa) and reinforcing the country's potential as a significant long-term supplier to Asian markets. Together with Cedar

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Entrance of the Federal Reserve Bank of Cleveland with its arched windows and statues Markets

Japan core inflation in September surges to its highest this year at 2.1%

Core inflation, which strips out prices of fresh food, was in line with than the 2.1% forecast by economists polled by Reuters.

CNBC · Trading floor of the New York Stock Exchange with banks of monitors Markets

U.S. stock futures steady after Nasdaq posts worst day since June

Investing.com · Torn U.S. one-dollar bill on a white background Markets

Enova expects Q4 2026 adjusted EPS up 30% to 35% year-over-year as revenue growth holds around 25%

Seeking Alpha ·