LNG's solid long-term contract structure provides predictable cash flow and lowers market volatility risk.
E launches Nguya FLNG in China, doubling Congo's LNG capacity to 3 million tons per annum by 2025, signaling a boost to its global energy ambitions.
The third quarter of 2024 brought exciting news. Hili is committed to a 20-year contract with Pan American Energy, thus increasing the company's EBITDA backlog to $11 billion. Golar and BP resolved their dispute about Gimi's payments. Gimi's COD is scheduled for the first half of 2025. Despite stable revenue and gross profit, the company reported net loss mainly due to non-cash losses.
As natural gas must be cooled to shrink its volume so it can be stored and shipped worldwide, LNG, CVX & SHEL are well-positioned to gain.
The British oil giant approved plans to expand the facility in the troubled Indonesian province of West Papua at a meeting with President Prabowo Subianto.
Osaka Gas' settlement process for procuring liquefied natural gas (LNG) from the Sakhalin 2 project in Russia will not be impacted by the new U.S. sanctions on Russia's Gazprombank, the Japanese city gas provider's president said.
GLNG's third-quarter 2024 earnings and revenues decrease year over year.
Europe's worsening natural gas supply situation and rising spot prices suggest an impending LNG bidding war, making Shell an attractive investment due to its robust LNG segment. The Dutch TTF spot price recently shot past the Japanese/Korean JKM spot price after trading lower for most of the year, signaling that a potential start to the bidding war. Shell's valuation and diversified portfolio offer lower downside risk compared to Cheniere, while the latter is a pure LNG play with a higher potential upside.
Energy infrastructure company New Fortress Energy expects slightly lower liquefied natural gas (LNG) volumes in fourth quarter 2024 because of repairs it performed on a valve in October, CEO Wesley Edens said on Thursday.
Singapore's Energy Market Authority (EMA) has signed a preliminary agreement with PetroChina International Company Ltd to strengthen the Southeast Asian nation's expertise and knowledge on liquefied natural gas (LNG) supply and management.
ExxonMobil now expects a final investment decision for its Rovuma liquefied natural gas (LNG) project in Mozambique in 2026, the company said on Wednesday, pushing back the financial go-ahead by roughly a quarter.
LNG expects discounted cash flow in the range of $6-$6.3 billion and adjusted EBITDA in the band of $3.4-$3.7 billion for 2024.