Berkshire Hathaway recently increased its stake in Mitsui & Co. as shares traded down to where they were during the August 2024 flash crash. Despite commodity price challenges, Mitsui's investments in iron ore and LNG, along with modest earnings growth, make it an attractive long-term investment. My forecast for Mitsui's FY 2026 profit shows 5.1% growth, driven by higher volumes in iron ore and LNG, higher LNG prices, and reduced pension plan costs.
Ukraine has bought 100 million cubic metres (mcm) of U.S. liquefied natural gas (LNG) in a deal between state energy firm Naftogaz and Poland's Orlen , Naftogaz said on Tuesday.
PBR is in talks with U.S. LNG suppliers for a long-term import deal to secure a stable energy supply and address Brazil's growing natural gas demand and energy needs.
Australian energy giant Woodside Energy said on Monday it had signed a long-term sale and purchase agreement with China Resources Gas International for the supply of liquefied natural gas (LNG) to China.
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.