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" ... It’s all about execution for Exxon now. Woods has a terrible record as CEO—as measured by XOM share price, which is the only metric that really matters—but Wall Street is finding value in his giant. With huge recent discoveries in the Caribbean—offshore Guyana and Suriname—and a massive liquefied natural gas operation in Papua New Guinea (PNG,) Exxon is incredibly well-positioned to supply hydrocarbons to the world’s emerging economies without upsetting “woke’ anti-hydrocarbon/anti-progress “activist” governments in the West. This needs to show up in the bottom line, and, as Goldman correctly notes, it will begin to in 2021. ... "
" ... The Puerto Rico Electric Power Authority is the main utility that serves the island. Before Maria, it ran on oil and coal — and was moving toward natural gas, with plans to build three liquefied natural gas receiving facilities. That’s pretty much how most of the Caribbean islands service their populations. But now the Puerto Rican government wants to go totally green by 2050. To help it get there, the utility will divide the island into eight territories with each one served by a single microgrid — the mechanism by which to deliver the solar power. ... "
" ... To be clear, liquefied natural gas, or LNG, is best used with heavy-duty trucks while compressed natural gas, or CNG, is used to power passenger vehicles and corporate fleets. About 20% of public transit buses in this country now run on CNG, and trucks hold potential for greater LNG use. ... "
" ... Workers look at the LNG Sakura liquefied natural gas tanker berthed at Tokyo Gas Co.'s Negishi LNG... [+] terminal in Yokohama, Japan, on Monday, May 21, 2018. This was Japan's first LNG shipment from Dominion Energy's Cove Point facility. LNG exports in recent years have increased significantly, one of many new demand drivers in the natural gas markets. Photographer: Tomohiro Ohsumi/Bloomberg ... "