Saturday, July 25, 2026

Exxon Mobil Withdraws from Russian Arctic Citing Sanctions

From the Associated Press  MOSCOW (AP) — Exxon Mobil will end a joint venture with Russia’s state-controlled Rosneft due to U.S. and European sanctions against Moscow. Exxon revealed in a regulatory filing that it decided to end the partnership late last year after the U.S. expanded sanctions against Russia. The company plans to begin unwinding the joint venture this year.

LNG

Cheniere Energy’s Corpus Christi Terminal May Produce LNG in 2018

From Reuters SINGAPORE, March 1 (Reuters) – Cheniere Energy’s Corpus Christi export terminal in Texas could start producing its first liquefied natural gas (LNG) this year, a company executive said on Thursday. Construction of two 0.7 billion-cubic-feet-per-day (4.5-million tonnes per annum) units at Corpus Christi is over 80 percent complete, said Douglas Wharton, director origination of Cheniere Marketing in Singapore.