LNG

Golar LNG Ltd shares plunged almost 8 percent after Chief Executive Iain Ross resigned after nearly four years with the Norwegian-founded LNG shipping and projects company as it was completing the sell-off of assets to US LNG-for-power projects company New Fortress Energy.

Golar LNG Partners has entered into an agreement and plans to merge with New Fortress Energy Inc, the New York-based company with a growing LNG projects portfolio in Latin America and the Caribbean.