ATLANTA, June 26, 2024 (GLOBE NEWSWIRE) -- Argent LNG, a leader in innovative energy solutions, announced its strategic decision to select Chart Industries' (NYSE: GTLS ) mid-scale modular liquefaction solution for its upcoming 20 MTPA LNG facility in Port Fourchon, Louisiana (USA). This move represents a significant departure from conventional large-scale LNG facilities, challenging the industry's traditional operational paradigm. Chart Industries' cutting-edge IPSMR® (Integrated Pre-Cooled Single Mixed Re ...

SHansche Summary The UP World LNG Shipping Index gained 1.17% last week, correcting the previous week's drop. Of the constituents, the most gained FLEX LNG, followed by Golar LNG. Awilco LNG and Japan companies led the drop. With the nearing end of the second quarter, the summer season is close, which will bring positive momentum for LNG shipping stocks. UPI and SPX Last week, UPI, which tracks listed LNG shipping companies, gained 1.83 points or 1.17%, closing at 157.27 points. In contrast, the S&P 500 ind ...

If everything goes according to plan, Tellurian's Driftwood LNG export facility will be processing LNG in five years.If you are looking at Tellurian (TELL -1.66%), you have to pay very close attention to the energy sector specialist's construction plans. That's because its only real asset is the Driftwood liquified natural gas (LNG) export terminal. Well, it will be the only real asset once it is built and processing LNG in 2028. Which means that the next four to five years are going to be all about executi ...

ATHENS, Greece, June 21, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it will release its financial results for the first quarter ended March 31, 2024 after market closes in New York on Thursday, June 27, 2024. On the next day, Friday, June 28, 2024 at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the earnings results. Conference Cal ...

The World Bank has warned that escalating tensions in the Middle East could push oil prices above $100 per barrel, reversing the recent downward trend in global inflation. Even before the recent conflicts, commodity prices were stabilizing, complicating interest rate decisions for central banks. This environment suggests that top strong buy oil and gas stocks stand to benefit significantly.If the crisis worsens, the Bank’s forecast of crude prices averaging $84 a barrel this year may be too optimistic. The ...

Cheniere Energy (LNG) , a leading U.S. exporter of liquefied natural gas (“LNG”), has announced a significant enhancement to its capital allocation strategy. The company has approved an additional $4 billion in share repurchase authorization through 2027 and plans to increase its quarterly dividend by 15% to an annualized rate of $2.00 per common share, starting in the third quarter of 2024.Progress on the “20/20 Vision” PlanCheniere’s 20/20 Vision capital allocation plan, introduced in 2022, has made subst ...

Ljupco/iStock via Getty Images Thesis Enlink Midstream (NYSE:ENLC) is a small cap, multi-basin midstream company that focuses on natural gas gathering, processing and fractionation. The company has assets in the Permian, Haynesville, Oklahoma STACK, and Barnett Shales. While in some cases, having a disconnected portfolio is an operational disadvantage, I believe the tables will turn in EnLink’s favor with the anticipated demand stemming from both LNG exports and data center power consumption. These two ...

alvarez Investment Thesis As technical evidence of bottoming commodity prices expands, Cheniere Energy (NYSE:LNG) may once again be headed in to a higher gas prices environment. Although the impact of higher gas prices on Cheniere Energy's financial statements is multifaceted and significant, influencing both its revenue and operational costs, the company can benefit if it manages to pass the costs onto its customers. As displayed on the graph below, the S&P GSCI index, reflecting commodity prices, compared ...

TORONTO, June 05, 2024 (GLOBE NEWSWIRE) -- LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) (the “Company” or “LNG Energy Group”) is pleased to announce the appointment of Mr. David Lawler to its Board of Directors, effective May 31, 2024. Mr. Lawler is a 30-year veteran of the energy industry and was the Chairman and President of BP America and served as BP plc’s Chief Representative in the United States until 2023. During his tenure, he led the company’s net zero strategy thro ...

  Green-growth initiative program in progress Fleet acquisition to generate in excess of $200 million of minimum gross revenues ATHENS, Greece, June 03, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (NYSE: TNP) (the “Company”) announces the completion of the Viken Crude AS acquisition with the delivery of a 2019-built scrubber fitted 1A Ice-Class Aframax tanker. Concurrently the Company has sold a 2008-built Aframax and a 2007-built Steam Turbine LNG carrier to third party interests. From these sales, the Company has ...