ATLANTA, July 22, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, announces that its Integrated Pre-Cooled Single Mixed Refrigerant (“IPSMR®”) process technology delivered First LNG at New Fortress Energy Inc.’s (NASDAQ: NFE) (“NFE”) initial Fast LNG (“FLNG”) asset located offshore Altamira, Mexico. With this significant milestone, FLNG establishes itself as the fastest large-scale LNG project ever develo ...

Stefan Dinse/iStock via Getty ImagesSummary Last week, the UP World LNG Shipping Index (UPI) declined by 0.63% to 165.53 points, marking its second consecutive week of decline amid low trading volumes and increased market volatility typical of the holiday season. New Fortress Energy led the gainers with over 20%, driven by the launch of its FLNG Altamira LNG project, while Excelerate Energy saw a 3.5% rise, forming a bullish hammer pattern despite seller pressure. Most decliners were from Asia again. UP ...

Cheniere Energy (LNG) and Whistler Pipeline-developed ADCC pipeline, which connects the latter’s Agua Dulce Header to the former’s Corpus Christi LNG facility, has begun operations. The pipeline has been developed for the transportation of liquefied natural gas.Whistler Pipeline owns a 70% stake in the ADCC pipeline, while the remaining 30% is held by a wholly-owned subsidiary of Cheniere.  Whistler Pipeline is a joint venture involving WhiteWater, MPLX and Enbridge, holding a 50.6%, 30.4% and 19% stake, re ...

CALGARY, Alberta, July 17, 2024 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX:CDR), a Canadian based energy transition company focused on providing stable and sustainable energy transition solutions, is pleased to announce the signing of its first LNG Framework Agreement (“Agreement”) for the utilization of liquefied natural gas (“LNG”) to fuel Kazakhstan’s rail locomotives. The Agreement was also signed by Kazakhstan Temir Zholy National Company JSC (“KTZ”), the national railway ...

AUSTIN, Texas, July 9, 2024 /PRNewswire/ -- Pennybacker Capital Management, LLC (Pennybacker), a leading real assets investment manager, has entered into a definitive agreement to acquire a small-scale LNG business (Miami Facility) based in Miami, Florida, from New Fortress Energy Inc. (Nasdaq: NFE). Financial terms were not disclosed. The transaction is expected to close in the third quarter of 2024 subject to customary terms and conditions.The Miami-based business includes a small-scale liquefaction facil ...

JHVEPhoto Shares of the Baker Hughes Company (NASDAQ:BKR) have been a disappointing performer over the past year, trading essentially flat despite a buoyant equity market, given concerns about the longevity of the LNG cycle and subdued drilling environment. Since recommending shares as a “buy” in January, BKR has returned 15%, essentially in-line with the market’s 14% gain. With updated financials and political activity on LNG, now is a good time to determine if BKR can outperform the market or if inves ...

Golar LNG's 2nd Quarter 2024 results will be released before the NASDAQ opens on Thursday, August 15, 2024. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Thursday August 15, 2024. The presentation will be available to download from the Investor Relations section at www.golarlng.com We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that wi ...

The global market for liquefied natural gas (“LNG”) is experiencing unprecedented growth. LNG, a critical component in the transition to cleaner energy, is seeing increased demand as countries strive for energy security and reduced carbon footprints. The United States has emerged as a major player in the LNG market, thanks to its abundant natural gas resources and advanced export infrastructure.However, recent developments have highlighted significant challenges that could impact the timing and cost-efficie ...

TORONTO, June 28, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced the launch of Abaxx Commodity Futures Exchange and Clearinghouse, with trading commen ...

ATHENS, June 27, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three months ended March 31, 2024. Quarter Highlights: Net Income and Earnings per common unit (basic and diluted) of $11.8 million and $0.23, respectively;Adjusted Net Income(1) of $12.4 million and Adjusted Earnings per common unit(1) (basic and diluted) of $0.25;Adjusted EBITDA(1)   $29.0 million;100% fl ...