April

Texas Power Prices Signal Grid Stress in Another Long, Hot Summer
A surge in Texas power prices for August suggests another summer of heavy electricity demand — and potential grid strain — to meet air-conditioning needs.

Exxon Oil Traders in Belgium Protest Move to London
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 orders 18 of the world’s largest LNG vessels from China for $6 billion
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.