July 29, 2026

PetroChina weighs LNG Canada stake sale to fund Phase 2 expansion

July 29, 2026

(World Oil) – PetroChina Co. is weighing options to sell part of its shares in LNG Canada Development Inc. to help fund a planned expansion, according to people familiar with the matter. The Chinese state-owned energy giant is working with an adviser to help gauge interest for its 15% stake, which could be worth a few billion dollars, the people said, who asked

World Nuclear Association: $6 trillion needed to hit 2050 capacity goals

July 29, 2026

(Oil Price) – As nuclear energy gains momentum amid energy security concerns and spiking power demand, global annual investment is seriously lagging the spending needed to reach the current capacity expansion goals, the nuclear industry’s main body, the World Nuclear Association, said in a report on Wednesday. A major nuclear revival is underway in Europe and the United States amid efforts to boost

PetroChina weighs LNG Canada stake sale to fund Phase 2 expansion

World Nuclear Association: $6 trillion needed to hit 2050 capacity goals

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