The European Union has reached a preliminary agreement on a landmark plan to tax imports of carbon-intensive goods like aluminum, cement, electricity, fertilizers and hydrogen. It does not include commodities like natural gas.
Petronas on Wednesday reported a fire on its Sabah-Sarawak natural gas pipeline in Malaysia. The system feeds the 30 million metric tons/year Bintulu LNG export terminal.
BP plc CFO Murray Auchincloss told Reuters Tuesday that Freeport LNG Development LP told the company it expects to restart cargo deliveries at its export terminal on the Upper Texas Coast this month.