LNG

Cheniere Energy, the largest US LNG export and owner and operator of the Sabine Pass plant in Louisiana and the Corpus Christi facility in Texas, posted first-quarter revenues of $7.48Bln compared with $3.09Bln in the prior-year quarter, though still posted a substantial net loss citing accounting reasons.

Occidental Petroleum Corp. recorded a fall in second-quarter profits as it advanced with its takeover of Anadarko Petroleum whose shareholders are scheduled to vote on the deal on August 8, deciding the final destination of a major stake in Mozambique LNG.