Brazil's state-run oil firm Petrobras is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive said.
LNG secures FERC approval for the expansion of its Corpus Christi LNG plant, which will increase production and strengthen U.S. LNG export dominance.
Jack Fusco, Cheniere Energy CEO, joins 'The Exchange' to discuss how much tariffs on energy and metals will impact Cheniere, what'll happen with tariffs on oil and gas, and what questions clients are posing to Cheniere.
The UP World LNG Shipping Index gained 1.12% despite low spot rates, while the S&P 500 declined by 3.1%, highlighting the sector's resilience. Geopolitical uncertainties, particularly U.S. energy policies and interest in Nord Stream 2, significantly impacted LNG shipping stocks, overshadowing low spot rates. Awilco LNG and Cool Company reported quarterly results reflecting low rates, while Golar LNG saw a 14.7% drop without clear reasons.
Ukrainian oil and gas company Naftogaz and Polish energy group Orlen signed an agreement on Friday to cooperate in the liquefied natural gas (LNG) sector and help Kyiv to diversify its gas supplies, the companies said.
The U.S. Department of Energy grants an extension for XOM's Golden Pass LNG, giving more time to begin exports from the $10B Texas project.
Venture Global said on Thursday it expects the project cost for its Plaquemines LNG plant in Louisiana to be around $2 billion higher than its previous forecast due to inflation and other factors.
U.S. LNG firm New Fortress Energy posted a loss in the fourth quarter on Monday, hurt by weaker performance in its ships as well as terminals and infrastructure segments.
GLNG's fourth-quarter 2024 earnings and revenues decrease year over year.
Abu Dhabi National Oil Company said on Thursday it had signed a 15-year sales and purchase agreement to supply Japan's Osaka Gas with liquefied natural gas from its Ruwais project.
Cheniere Energy's success is underpinned by its long-term LNG supply agreements with major global energy players.
LNG beats Q4 estimates, driven by strong LNG shipments. Revenues hit $4.4B and guidance for 2025 remains strong.