LNG

ExxonMobil Corp. the US major and prominent LNG market player has been become the latest oil and gas company to warn on expected adjustments in second-quarter earnings.

ExxonMobil Corp. and Chevron Corp. reported first-quarter declines in profits and revenues on lower natural gas prices while both are advancing with their major takeover transactions amid a pre-emption dispute over key assets in the new South American oil and gas hub of Guyana.