Cheniere Energy, Inc. (LNG) has announced a significant development in its business strategy through a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Galp Trading S.A. (Galp), a subsidiary of Galp Energia, SGPS, S.A. (GLPEY) . This agreement marks a key step for both companies and highlights the growing importance of LNG in the global energy mix.Overview of the AgreementAccording to the SPA, GLPEY has committed to purchase approximately 0.5 million tons per annum (mtpa) of LNG ...

When investors think of the most common ways to profit from investing in stocks, they think of the classic "buy low and sell high" method, which creates a taxable event through capital gains. Some investors with larger amounts to invest would also look for a stock that pays them an income through dividends, which is, unfortunately, another taxable event.Investors will learn why there are better ways to compound their capital on a stock investment than income from dividends. However, before they jump into th ...

The market expects Cheniere Energy (LNG) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

ATHENS, Greece, July 29, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: DLNG), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced that its Board of Directors has declared a cash distribution of $0.714537806 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units (the “Series B Preferred Units”) (NYSE: DLNG PR B) for the period from and including May 22, 2024 to and including August 21, 2024 (the “Distribution Perio ...

TORONTO, July 26, 2024 (GLOBE NEWSWIRE) -- LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: 6MH) (the “Company” or “LNG Energy Group”) announced today the following shareholder alignment initiatives: Shareholder Alignment Initiatives The Company is pleased to announce that Oak Hill Financial Inc. (“Oak Hill”), an advisory firm to the Company, has agreed to settle certain advisory fees owed to them in common shares in the capital of the Company (“Common Shares”).  Oak Hill has agreed ...

ATHENS, Greece, July 22, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of LNG carriers, today announced that its Board of Directors has declared a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units (the “Series A Preferred Units”) (NYSE: DLNG PR A) for the period from May 12, 2024 to August 11, 2024. The cash distribution is payable on August 12, 2024 to all preferred unit holders of record as of ...

Core Insights - Chart Industries, Inc. has successfully delivered its Integrated Pre-Cooled Single Mixed Refrigerant (IPSMR®) process technology, marking the first LNG production at New Fortress Energy Inc.'s Fast LNG asset in Altamira, Mexico, establishing it as the fastest large-scale LNG project ever developed [1][2] - New Fortress Energy's Fast LNG design integrates Chart's modular liquefaction technology with offshore infrastructure, achieving a production capacity of 1.4 MTPA (approximately 70 TBtus), which is crucial for supplying low-cost, clean LNG to downstream terminal customers [1][2] Company Overview - Chart Industries is a global leader in designing, engineering, and manufacturing process technologies and equipment for gas and liquid molecule handling, focusing on clean power, water, food, and industrial applications [3] - The company offers a diverse product portfolio used throughout the liquid gas supply chain, including liquefied natural gas, hydrogen, biogas, and CO2 capture technologies, with a commitment to environmental, social, and corporate governance (ESG) [3] - Chart operates 64 global manufacturing locations and over 50 service centers across multiple continents, ensuring accountability and transparency to stakeholders [3]

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 ...