Sunday, March 9, 2025
Former Cheniere executive now at helm of LNG export project in Mexico- oil and gas 360

Former Cheniere executive now at helm of LNG export project in Mexico

Houston Chronicle Former Cheniere Energy executive Doug Shanda is now at the helm of a Houston company seeking to build an liquefied natural gas export terminal along the Pacific Coast of Mexico. In a Monday morning statement, Houston liquefied natural gas company Mexico Pacific Limited announced that Shanda has been named as president and CEO. Shanda is taking the reins

Oil falls more than 2%, sinking to lowest level in more than 1 year- oil and gas 360

Oil falls more than 2%, sinking to lowest level in more than 1 year

CNBC Oil prices fell more than 2% on Monday, dragged down by concern over demand in China after the coronavirus breakout, though the possibility of deeper crude output cuts by OPEC and its allies offered some price support. U.S. West Texas Intermediate fell $1.42, or 2.8%, to trade at $50.13, its lowest level since Jan. 2019. Earlier in the session WTI

Papua New Guinea calls off talks with Exxon- oil and gas 360

Papua New Guinea calls off talks with Exxon

Houston Chronicle WASHINGTON — Papua New Guinea has called off negotiations with Exxon Mobil over developing a natural gas field there, as the two sides clashed over their financial split on the project. “The government has signaled it is willing to play hardball to secure a better fiscal take than it achieved with its first LNG project. The ball is