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.
China's state oil and gas major Sinopec Corp said on Monday it has signed Heads of Agreement to buy from TotalEnergies two million metric tons of liquefied natural gas a year for 15 yrs starting 2028.
Cheniere Energy has surged 20% since my Strong Buy rating, backed by its position as a top U.S. LNG producer and a robust business model with long-term contracts. The company benefits from strong global LNG demand, driven by geopolitical factors, and is set for continued growth with ongoing expansion projects and favorable market conditions. LNG stock's commitment to dividends and buybacks enhances shareholder value, positioning it as a compelling investment for those seeking stability and growth.
Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana liquefied natural gas (LNG) export project, according to two people familiar with the discussions.