Most of the media coverage of Big Oil majors tends to draw comparisons between the European companies and their U.S. peers, almost invariably at the expense of the Europeans. Yet there is one sector where BP, Shell, TotalEnergies, and Eni are ahead: LNG trading. Now, Exxon and Chevron are trying to catch up. The Financial Times reported this week that both companies were eager to expand their LNG trading operations despite previously treating this business segment as too risky to be worth the effort. “I want to scale it now. I need all the…