LNG

April 16 (LNGJ) - One of the most authoritative annual  US energy conferences, IHS CERA Week, will take place in Houston, Texas, from April 20-24 . IHS Vice-Chairman and Pulitzer Prize-winning author Daniel Yergin said the event comes at a time when the energy world was facing turbulence and transition. "Along with the oil price collapse itself, key developments over the past year have overturned fundamental assumptions," said Yergin, who serves as conference chairman. Not long ago the expectation was that $100 per barrel oil would be the new norm and Saudi Arabia would dominate oil. "Events have proved otherwise, and so we have a time of recalibration and transition - an 'era of new realism' - for the energy industry," Yergin said.