TotalEnergies SE (TTE) announced that it has signed a Heads of Agreement with Energia Natural Dominicana (“ENADOM”), a joint venture between AES Dominicana and Energas in the Dominican Republic, for the delivery of 400,000 tons of liquefied natural gas (“LNG”) per year.This 15-year agreement is set to start in mid-2027, subject to the finalization of the sale and purchase agreements. The price will be indexed to Henry Hub.Through this deal, ENADOM will be able to provide natural gas to the 470-megawatt (MW) ...

Group 1 - The UP World LNG Shipping Index increased by 4.54 points, representing a 3.03% gain, closing at 154.17 points [1] - The S&P 500 index also saw an increase, gaining 5.70% [1] - A chart illustrating the performance of both indices with weekly data is referenced [1]

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Cheniere Energy (LNG) , which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, could be a great candidate to consider.This natural gas company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarte ...

TORONTO, April 11, 2025 (GLOBE NEWSWIRE) -- LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) (the “Company” or “LNG Energy Group”) announced today that Jeff Agosta has resigned from the Board of Directors of the Company, effective immediately. “We thank Jeff for his contributions to the Company. He has resigned to pursue other endeavours and we wish him the best of luck going forward,” commented Pablo Navarro, Chief Executive Officer of LNG Energy Group. About LNG Energy Group T ...

Equinor ASA (EQNR) has provided a preliminary update regarding its first-quarter results. The company expects that liquids and LNG trading will report weak results in the first quarter of 2025. Additionally, the firm’s Marketing, Midstream & Processing segment is set to take on nearly $100 million in costs associated with drilling carbon capture and storage (CCS) appraisal wells.While talking about the factors affecting the Norwegian firm’s first-quarter results, the company mentioned that analysts should c ...

Company Overview - Cheniere Energy has achieved a significant milestone by loading its 4,000th LNG shipment at the Sabine Pass facility in Louisiana, becoming the fastest company to reach this number in just over nine years since starting LNG exports in 2016 [1][2] - The company has sent LNG to over 40 markets across five continents and handles about half of all LNG exports from the United States, making it the largest producer in the country and the second largest globally [3] Key Locations and Expansion - Cheniere Energy operates two major LNG plants: the Sabine Pass terminal in Louisiana and the Corpus Christi terminal in Texas, which has a processing capacity of 15 million tons of LNG per year [4] - The Corpus Christi plant is undergoing an expansion project called Stage 3, which began in 2022, aiming to increase its capacity to over 25 million tons per year with the addition of seven new trains [5] Global Growth and Future Plans - Cheniere Energy's rapid growth underscores its role in global energy supply, particularly as countries transition to cleaner energy sources, with LNG remaining a crucial resource [6] - The company is committed to maintaining safety and reliability for its customers while looking forward to future growth opportunities [6] Industry Developments - Golar LNG Limited is refinancing its FLNG vessel, Gimi, with a $1.2 billion sale-leaseback facility, expected to generate nearly $530 million in net proceeds, aiding its expansion in the LNG market [7] - Pembina Pipeline's Cedar LNG project has received C$200 million in government funding, aiming for operational status by 2028, featuring a FLNG unit powered by clean hydroelectricity [8][9] - Shell is focusing on LNG expansion, anticipating a 60% rise in LNG demand by 2040, particularly in Asia, while balancing sustainability concerns [10][11]

Group 1 - Goldman Sachs analyst John Mackay maintains a Buy rating on Kinder Morgan Inc (KMI) with a price target of $31.00, anticipating first-quarter EBITDA of $2.18 billion, slightly above consensus estimates of $2.14 billion and company guidance of $2.17 billion [1] - Analysts project EBITDA of $1.54 billion for the first quarter, an increase from $1.43 billion in the fourth quarter of FY24, driven by the Outrigger acquisition, higher natural gas prices, and seasonal marketing benefits [2] - Kinder Morgan expects the first quarter to benefit from higher commodity prices, marking a shift after four consecutive quarters of weaker-than-expected pricing in FY24, with improved gas and crude pricing potentially providing a $50 million tailwind [3] Group 2 - The company anticipates substantial natural gas demand growth from 2024 to 2030, primarily driven by LNG exports, with KMI holding a 45-50% market share in LNG exports and power plant connections, positioning it well for expansion in Texas, Louisiana, and the southern U.S. [4] - Kinder Morgan plans to shift focus from large-scale projects to smaller developments, with future announcements likely ranging from hundreds of millions to $500 million, while larger expansions remain possibilities with updates expected throughout 2025 [5]

Core Insights - Pembina Pipeline Corporation's Cedar LNG project has secured up to CAD 200 million in funding from the Canadian government through the Strategic Innovation Fund [1][6] - The project is valued at $4.17 billion and is expected to be the largest infrastructure development in Canada, with a positive final investment decision made in June 2024 [2][3] - Cedar LNG aims to produce ultra-low carbon LNG using clean hydroelectricity, contributing to both energy security and environmental goals [4][7] Project Overview - Cedar LNG will feature a floating liquefied natural gas (FLNG) processing facility and a marine export terminal in Kitimat, British Columbia, expected to come online by late 2028 [3][9] - The facility will utilize air-cooled process technology, marking it as the first FLNG project globally to implement this technology [5] Economic Impact - The project is anticipated to create approximately 300 full-time construction and trades jobs, along with opportunities for 100 highly skilled workers [8] - It is expected to contribute over $275 million to Canada's GDP during construction and nearly $85 million annually once operational [8] Operational Capacity - Upon commencing operations, Cedar LNG will have the capacity to process and liquefy around 400 million standard cubic feet of natural gas per day and produce 3.3 million tons of LNG per year for international markets [9] Construction Timeline - Construction of the marine terminal and associated pipelines is set to begin in Q2 2025, with the most intensive construction activities expected in 2026 [10]

Core Insights - Abaxx Technologies Inc. has announced the first over-the-counter trade of an LNG cargo indexed to its LNG futures, marking a significant milestone in the global LNG market [1][2] - The transaction involves two Asia-based counterparties trading an LNG cargo from the Gulf of Mexico, with the price indexed to Abaxx GOM LNG futures, which settled at $12.46/mmBtu for May delivery [2] - The use of Abaxx futures for pricing reflects the need for more precise LNG pricing amid geopolitical shifts affecting global commodities markets [3] Company Overview - Abaxx Technologies Inc. is focused on building Smarter Markets through enhanced financial technology and market infrastructure, addressing challenges such as the energy transition [4] - The company is the majority owner of Abaxx Exchange and Abaxx Clearing, which are recognized by the Monetary Authority of Singapore as a Recognized Market Operator (RMO) and an Approved Clearing House (ACH) respectively [5] - Abaxx Exchange and Abaxx Clearing aim to provide better price discovery and risk management tools for commodities critical to transitioning to a lower-carbon economy [5]

Group 1 - The investment group European Small Cap Ideas focuses on high-quality small-cap investment opportunities in Europe, emphasizing capital gains and dividend income for continuous cash flow [1] - The group offers two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content [1] - An active chat room is available for discussions on the latest developments of the portfolio holdings [1] Group 2 - The common units have recently become cheaper, leading to potential interest in going long on these units, although this action is unlikely to occur in the immediate future [2]