From Nasdaq: 2024-11-22 14:45:00

Transitioning from coal to natural gas is key in combating climate change. Natural gas, considered a “transition fuel,” emits less CO2 than coal and complements renewable energy. With LNG enabling global transport, companies like Cheniere Energy, Chevron, and Shell are well-positioned. Global LNG demand is expected to increase by over 50% by 2040, with China and India driving growth. Shell, a key player in the LNG market, projects a surge in traded volumes worldwide.

Cheniere Energy is a major player in LNG production and export, with significant facilities in the US. Chevron holds interests in the Gorgon Project in Australia, focusing on long-term agreements in Asia. Shell has been a leader in the LNG industry for over 50 years, with operations in 10 countries and a sizable LNG shipping fleet. These companies are crucial to monitor for emerging opportunities in the evolving energy market.

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Read more at Nasdaq: Why is the Coal-to-Gas Transition a Boon for LNG, CVX & SHEL?