A surge in Texas power prices for August suggests another summer of heavy electricity demand — and potential grid strain — to meet air-conditioning needs.
Some Exxon Mobil Corp. trading staff protested outside the oil giant’s Brussels office Tuesday over a decision by the company to move the trading floor to London, which they say will result in job cuts if they don’t agree to the new assignments.
QatarEnergy has signed a deal for almost $6 billion with China State Shipbuilding Corporation (CSSC) to build 18 ultra-modern QC-Max size LNG vessels. The significant addition to the state company’s ongoing LNG fleet expansion programme will bring vessels with a capacity of 271,000 cubic meters each.
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