On March 30, 2020, Shell announced that it is pulling out of the Lake Charles liquefied natural gas (“LNG”) project. Just a few weeks ago, it was reported that Shell’s 50% share of the quantities from the 16.45 MTPA project...more
Amid current low oil prices, there may be one bright spot for U.S. producers. On Friday, March 13, President Trump announced he has directed the U.S. Department of Energy (the “DOE”) to begin purchasing oil for the Strategic...more