Archives for May 2019
Sempra Energy's Cameron LNG starts production
Sempra Energy’s Cameron LNG in Hackberry, Louisiana has started producing liquefied natural gas for export, the company announced Tuesday.Cameron LNG began commissioning and the start-up process after completing construction on its first liquefaction plant Train...
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ConocoPhillips touts growth and stability; not aiming for big acquisitions
ConocoPhillips Chief Executive Ryan Lance touted its rising profits and stable growth at its annual meeting on Tuesday, so don’t look for the Houston firm to make big waves like Occidental Petroleum did in winning...
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Methanol, polymers hit by latest round of Chinese tariffs
Several key U.S.-made chemicals will be hit by Chinese latest round of tariffs in the escalating trade war, including polymers, methanol and aromatics.Starting June 1, China will hike tariffs on 5,000 U.S. goods. According to...
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Oil is already trade war's collateral damage even without duties
U.S. oil shipments are likely to be a casualty of the trade war with China, even though crude was spared from the latest list of American goods targeted with retaliatory tariffs. Source: FuelFix
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Saudis halt oil pipe on attack claimed by Iran-backed rebels
Saudi Arabia halted its main cross-country oil pipeline temporarily after a drone attack damaged pumping stations along the link, a strike claimed by Iran-backed rebels in neighboring Yemeni. Oil prices rose. Source: FuelFix
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