State-owned QatarEnergy (QATPE.UL) has signed a long-term sales and purchase agreement with oil and gas major Shell to supply it with liquefied natural gas (LNG) for delivery to China.
Major LNG exporters, including Cheniere Energy, Shell, and Chevron are poised to benefit significantly from Trump's focus on reviving the sector.
LNG secures FERC approval for its Corpus Christi Stage 3 LNG expansion project, boosting global natural gas supply.
On November 22, DLNG reported its 3Q24 figures. The company realized voyage revenue, EBITDA, and net income growth. In addition, DLNG announced the buyback and dividends of its common units. Earlier in 2024, DLNG restructured its debt schedule, resulting in the absence of maturities until 2029 and lower debt servicing costs.
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.