QatarEnergy and Exxon Mobil Corp. (NYSE:XOM) loaded the first liquefied natural gas (LNG) export cargo from the Golden Pass terminal in Sabine Pass, Texas, on Thursday, marking a key commissioning milestone for the $10 billion-plus joint venture amid escalating Middle East tensions.
Chevron has restarted production of liquefied natural gas at its Wheatstone project in Australia after repairs prompted by cyclone damage in March. The repairs took a while due to the severity of the damage.
Curious Minds Corner
Which 1901 Texas gusher spewed oil for nine days, kickstarting the U.S. oil boom?
Spindletop near Beaumont, which shot 100,000 barrels daily at its peak, transforming Texas into an oil powerhouse.