Texas Sues Shell Over Massive Fire at Houston Chemical Plant - The Wall Street Journal
Texas Sues Shell Over Massive Fire at Houston Chemical Plant - WSJ
Updated Aug. 13, 2023 10:15 am ET
The state of Texas sued British oil giant Shell and the other owner of a petrochemical and refinery complex near Houston that caught fire in May over alleged environmental damage.
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Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.