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Shell mulls LNG-hub network as use by ships, trucks expands

Bloomberg Royal Dutch Shell Plc, the oil company that spent more than $50bn to buy natural-gas producer BG Group Plc, is looking to expand demand for fuel in transport to ensure its output is consumed. Shell is studying developing a global network of liquefied natural gas supply hubs for vehicles including ships, Steve Hill, executive vice president for gas and ...

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Pemex hires Hogan Lovells to audit contracts

Bloomberg Petroleos Mexicanos has hired the same legal representation used by Brazilian utility Eletrobras to audit its contracts with Odebrecht SA and affiliate Braskem SA amid an ongoing investigation into those two companies by the US Department of Justice. Hogan Lovells US LLP, which for the past two years has been leading an internal audit of state-owned Eletrobras related to ...

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OPEC caps for Libya, Nigeria wouldn’t fix global glut

Bloomberg A proposal that Libya and Nigeria could have to accept limits on their crude production probably wouldn’t be enough to put OPEC’s faltering efforts to eliminate a global supply glut back on track. The two African nations — exempt from the supply curbs agreed last year due to internal strife — have added enough production in the last two ...

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