Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favour of BP , prohibiting Kosmos from selling to third parties liquefied natural gas from the Greater Tortue (GTA) project offshore Senegal and Mauritania.
Norway's Equinor remains committed to a $42 billion liquefied natural gas (LNG) project in Tanzania that has stalled after proposed government changes to a financial agreement reached last year, a senior company executive said on Tuesday.
E strengthens its LNG ties with Japan, joining forces to promote decarbonization through the CLEAN Initiative and expand its Mozambique LNG projects.
News for fleet renewal, share buyback program or contract extensions would spark investors' interest in common shares. Preferred units offer high yields (Series A: 8.75%, Series B: 10.98%) with secure dividend payments backed by Dynagas' strong backlog and consistent free cash flow. Key risks include an aging fleet and potential sanctions on Russian entities, but current operations remain unaffected.
LNG's capital-intensive business has translated into a huge debt load for the company.
Italian energy company Eni is in talks with Japan on supplying the country with liquefied natural gas (LNG), Cristian Signoretto, Eni's director for global gas and LNG portfolio, told reporters on the sidelines of a conference on Sunday.
Natural gas distribution company Bulgargaz said on Friday that French oil major TotalEnergies ranked first in a tender offer to supply liquefied natural gas (LNG) in November and December to the Alexandroupolis terminal in Greece.
APD wraps up the divestment of the LNG heat exchanger technology and equipment business, which is consistent with its plan to expand its core industrial gas business.
The acquisition of Air Products' LNG technology and equipment business is likely to bolster HON's energy transition portfolio.
Fresh off a flight from Suriname, TotalEnergies' CEO is expected to tell investors in New York on Wednesday that the energy giant can maintain returns through 2030 despite falling prices, thanks to low-cost oil projects like its most recent in the South American country.
Dynagas LNG has significantly reduced its debt, improving its leverage ratio from 6.6x in 2018 to 2.9x by mid-2024. The company's deleveraging strategy and lower future debt repayments enhance its flexibility, making a dividend resumption more likely. Management's recent moves, including refinancing and removing restrictive covenants, indicate a potential shift towards returning capital to shareholders.
Cheniere Energy benefits from secular trends of rising LNG demand by direct ownership of the largest U.S. LNG terminals. Long-term contracts for 16 years in future on average and unique assets ensure predictable cash flows, with expected 75% cash flow per share growth in the next 3–4 years. Shares at $180 offer a 24% upside to the intrinsic value of $223, per the Discounted Cash Flow Model.