LNG

LNG Canada, the export project in British Columbia led by Royal Dutch Shell, is expected to announce a final investment decision to progress with the joint venture to turn the huge surplus Canadian natural gas into LNG and ship it to nations such as China and South Korea,

Malaysian energy company Petronas said second-quarter net profit more than doubled compared with the same quarter of 2017 because of higher oil and gas revenues and the absence of investment costs related to the Pacific Northwest LNG project in Canada that affected 2017 earnings.