LNG

Chesapeake Energy Corp., the US natural gas producer completing a merger with smaller peer Southwestern Energy to create American’s biggest natural gas company, reported declines in fourth-quarter and annual net income as it also advanced with various LNG deals.

Kinder Morgan Inc., the US pipeline and terminals company and whose earnings measure the wellbeing of the US and oil and gas industry and the growing LNG sector, posted a wider net loss in the second quarter versus the same period of 2020 because of South Texas natural gas issues.