Energy Transfer LP, the owner of pipeline and other assets in the Permian Basin and Haynesville Shale as well as the Cushing crude oil delivery system, has signed an LNG sale and purchase agreement (SPA) with global commodities firm Gunvor and its third in the past two months for its…
Free ReadLithuanian fuel company Klaipedos Nafta has invited market participants to book regasification and cargo capacities for the first three months of the coming winter season from October to the end of December 2022. The Baltic nation’s operator of oil and gas and fuel storage at the Lithuanian port of Klaipeda…
NextDecade Corp., the developer of the Rio Grande LNG export project on the Brownsville Ship Channel in Texas, has signed a 15-year sale and purchase agreement with French utility Engie as the need for LNG supplies in Europe becomes more urgent.
TC Energy, the North American natural gas pipelines and energy transportation group, reported a first-quarter profit compared with a loss in the prior-year period as it boosted LNG feed-gas provisions.
Chart Industries Inc., the liquefied natural gas equipment-maker and industrial gas technology company, reported first-quarter 2022 all-time record orders of $636.8 million, its fourth record-order quarter out of the past five quarters.
Chevron Corp., the LNG operator in Australia and Africa, reported a more than four-fold jump in first-quarter earnings of $6.3 billion compared with $1.4Bln in the first three months of 2021 as more revenues came from LNG plants in Australia and Africa.
Free ReadExxonMobil Corp. posted first-quarter 2022 earnings of $5.58 billion compared with $2.73Bln in the prior-year quarter and $8.87Bln in the previous three months with a $3.4Bln hit taken on exiting Sakhalin-1 oil in the Russian Far East amid progress on Mozambican LNG and Permian Basin activities. Oil-equivalent production was 3.7…
European Union liquefied natural gas prices remained strong and attracted cargoes amid unprecedent summer demand underpinned by global oil prices, while Asian spot LNG cargo values settled lower as a rebound was awaited in imports by China and India.
Belgian shipping company Exmar reported modest earnings though expects company finances to improve after a charter deal for its LNG storage and regasification unit (FSRU) barge to be the new Dutch LNG import terminal at the port of Eemshaven.
Free ReadIntercontinental Exchange, the leading global provider of trading platforms and clearing, has posted record open interest in its futures and options markets of 46.7 million contracts and the surge was led by US natural gas and LNG hedging instruments. The ICE said the open interest record occurred on April 25…