A U.S. liquefied natural gas (LNG) export project, Commonwealth LNG, plans to announce a long-term deal to supply 1 million metric tons of LNG with a company involved in global trade in a day or two , Executive Chairman Paul Varello told Reuters. [Image: Commonwealth LNG]
Shell on Thursday posted first-quarter net profit of $9.65 billion, topping analysts forecasts, as strong earnings from fuel trading and higher liquefied natural gas (LNG) sales offset cooling energy prices. [image credit: Shell]
Shell, the world's top LNG trader, last week reported its second largest quarterly profit of $9.45 billion, but said it was impacted by weaker gas trading results