Shell Plc agreed to buy liquefied natural gas trader Pavilion Energy Pte, the latest bet by the oil major that demand for the fuel will continue rising. The acquisition will consolidate more assets in the hands of what is already the world’s biggest LNG player, at a time when demand for LNG expands faster than other fossil fuels. Major energy producers, including Shell and Chevron Corp., assert that gas will play a long-term role in the transition away from dirtier coal. The transaction will involve Shell purchasing all of Pavilion’s shares from Singaporean state-owned investment firm Temasek Holdings Pte, according ... (full story)