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Canada may have US to thank for its first-ever LNG exports

  Bloomberg Canada’s first exports of liquefied natural gas may soon be heading overseas — from a port in Louisiana. A year ago, Cheniere Energy Inc. built an LNG export terminal along Louisiana’s coast and became the only company shipping US shale gas by tanker. Now it’s looking for supplies to send abroad from as far off as the Montney ...

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Sasol $11bn US project on track for 2018 start

  Bloomberg Sasol Ltd., the world’s biggest producer of liquid fuels from coal, said the first units at its Lake Charles chemical project will start operating in 2018, as the company reported lower first-half profit because of currency losses and a strike. The Lake Charles project is 64 percent complete and still within its $11 billion budget, co-Chief Executive Officer ...

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Refiners gain as Trump denies change to biofuels rules

  Bloomberg Shares of US refiners pared gains after President Donald Trump’s administration denied that it was considering a proposal to change biofuel blending rules. Billionaire investor Carl Icahn and the leading US biofuel trade group struck a deal to revamp a law that mandates oil refiners to either blend petroleum-based fuels with ethanol and biodiesel, or buy blending credits ...

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