International Energy Agency predicts peak demand for fossil fuels, global energy prices welcome a downward cycle.
The International Energy Agency predicts in its annual long-term report that as the global energy consumer pattern changes, we are entering an era of lower energy prices.
Energy giants warn that Australia may face a shortage of henry hub natural gas before 2030.
Earlier this month, the Australian government released a long-term plan called the "Future Natural Gas Strategy," emphasizing the important role natural gas will play during the energy transition period. Woodside CEO warns that if the government does not take action, Australia's east coast will face natural gas shortages by 2028 and the west coast will face a shortage by 2030.
Australian energy giant: Global LNG demand will increase by 50% in the next 10 years
① Australian energy giant Woodside (Woodside) said that global liquefied natural gas (LNG) consumption is expected to increase by 50% in the next 10 years, and the company is considering further expanding its business; ② Australia is one of the world's largest LNG exporters, and Woodside is the country's largest LNG exporter.
The “merger plans” of Australia's two major LNG giants will allegedly not be finalized until at least February
① Australian energy giants Woodside and Santos confirmed last week that they have begun negotiations on a potential merger deal; ② A person with direct knowledge of the negotiations said that the merger agreement may not be finalized until at least February next year; ③ Currently, both companies are hiring banking groups as advisors.
Are changes in the LNG industry imminent? Australia's two giants discuss a consolidated valuation of up to 52 billion US dollars
① According to reports, Australia's two major oil and gas giants, Woodside and Santos, may merge at a price of 52 billion US dollars; ② the merger reflects the high scale requirements of the liquefied natural gas (LNG) industry; ③ Some analysts believe that this is a reasonable deal from the perspective of value and risk diversification.
J.P. Morgan: The energy supercycle may return! Chinese stocks are nearing the “buying zone”
J.P. Morgan expects that some companies that have benefited from rising prices in the past will face the biggest blow, while the return of the supercycle is expected to boost energy stocks. Next, investors may also find trading opportunities in the Chinese stock market...