Shell Exits Haynesville, U.S. LNG Exports: Your Daily Energy News

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

LNG
U.S. LNG Exports Soar in 2019 - U.S. exporters of liquefied natural gas (LNG) head into 2020 after a record year that saw exports soar by more than 60%, but growing concerns about weakened demand and heavy competition could act as headwinds in the coming year. Four new liquefaction trains entered service this year in the United States. The U.S. is on track to become the biggest global LNG exporter by 2024. (Reuters)

CRUDE OIL
Oil Rises to Three-Month Highs - Oil prices rose on Monday to three-month highs, lifted by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following U.S. air strikes in Iraq and Syria. (Reuters)

CORPORATE
Shell Exits Haynesville Shale with Asset Sale - Royal Dutch Shell (NSYE:RDS-A) is officially moving out of the Haynesville Shale after selling its last package of acreage to a private Houston firm, Castleton Resources. The companies are not revealing the sale price. (Houston Chronicle)

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About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.