News
U.K. navy intervenes after Iran tries to stop British oil tanker
The British navy intervened to stop Iran from blocking a commercial oil tanker leaving the Persian Gulf, heightening friction just as European nations scramble to salvage a landmark nuclear accord with the Islamic Republic. Source:...
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Tellurian, Total finalize big LNG deal
Tellurian Inc. is edging closer toward a final investment decision on its Louisiana liquefied natural gas terminal after finalizing a deal with Total SA this week to increase the French oil major’s investment in the...
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Oil prices spike near $60 on big crude inventories dip
Oil prices jumped to almost $60 per barrel Wednesday morning after federal data showed the nation’s stockpiles of commercial crude plunged last week. Source: FuelFix
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Cheniere, Bechtel hit milestone for Corpus Christi LNG project
Houston’s Cheniere Energy and engineering and construction firm Bechtel have completed the first commissioning cargo of liquefied natural gas at the second liquefaction plant in Corpus Christi as the project gets closer to starting up....
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Air Liquide to build $140M plant to supply Exxon-SABIC
French industrial gas supplier and service company Air Liquide is building a $140 million air separation project in Bay City and has struck a major long-term supply deal with Exxon Mobil and SABIC’s mega petrochemical...
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