Top oil and gas and LNG operator ExxonMobil indicates possible 25 percent fall in first-quarter profits
ExxonMobil Corp., the leading global oil and gas company and LNG market operator, indicated that first-quarter earnings could fall by up to 25 percent from the previous quarter because of falling prices and other factors.
Leading oil and gas and LNG executives gather for start of CERAWeek conference in Houston
One of the world’s leading annual energy conferences, CERAWeek, was scheduled to begin in Houston on March 6 and will continue through March 10 with thousands of industry executives and politicians attending to consider the current turbulent global market.
LNG and gas market players mull derivative gains and losses after spikes and report looks at US shale
Energy majors, natural gas production companies, investment banks and commodities firms are all looking closely at potential losses or gains in 2022 from derivatives positions after the surge in benchmark gas prices linked to the LNG sector.
US well placed to export LNG and other fuels as per capital domestic use is lowest since 1967
The United States is well placed to export liquefied natural gas and other energy products to countries around the world from its growing surplus as Americans used an average of 61 million British thermal units (Btu) of energy per capita in the residential sector, a 2 percent fall from the previous year and the lowest since 1967.
