Equinor's Hammerfest LNG plant in Arctic northern Norway has suffered an unexpected outage due to a compressor failure, halting all output for one week, according to a regulatory statement on the Gassco web site on Thursday.
BKR strengthens ties with Bechtel and Woodside through a major LNG equipment order for Louisiana's Phase 1 development, aiming for FID readiness by early 2025.
Production begins at LNG's Corpus Christi Stage 3, with Train 1 ahead of schedule for substantial completion by first-quarter 2025.
With global LNG demand expected to remain tight until 2027, Cheniere Energy benefits from strong pricing power.
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Dan Yergin, S&P Global vice chairman and ‘The New Map' author, joins 'Squawk Box' to discuss a new study on the economic impacts of U.S. LNG exports, impact of Biden administration 's LNG export pause, and more.
Cheniere Energy (LNG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
GLNG's robust liquidity is boosting the company's prospects. A shareholder-friendly approach is encouraging.
Shell , BP , Aramco and Glencore are among nearly two dozen firms Bangladesh has approved as suppliers of spot liquefied natural gas (LNG) as it seeks to boost competition and cut costs, the country's top energy official told Reuters.
With colder weather on the horizon, U.S. LNG companies like Cheniere, ExxonMobil and Kinder Morgan may see strong tailwinds this winter.
Investors would be wise to focus on resilient natural stocks such as LNG, RRC and SHEL.
The LNG shipping sector faces challenges with declining UPI TCE rates and pressured spot rates, exacerbated by rising gas prices and market uncertainties. Tankers are being diverted to Europe and potentially used for floating storage, which may stabilize or reverse spot rate declines. Key players like Tsakos Energy Navigation and Flex LNG experienced significant losses, while New Fortress Energy and Awilco LNG saw gains, indicating a mixed industry outlook.