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Warren Buffett-Backed Trading Giant's Warning: LNG Shortage Threatens Global Energy Shift
Wednesday, October 18, 2023 - 5:07am | 585Read More...Mitsui & Co.(OTC:MITSY), one of Japan’s leading trading houses, has warned that global demand for liquefied natural gas (LNG) will likely exceed supply expectations, and the current project pipeline will not suffice to meet this demand, especially in the context of the ongoing...
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Environmental Groups Appeal Permits For LNG Export Facility In New Jersey
Thursday, October 15, 2020 - 7:43am | 2231Read More...Environmental groups are appealing multiple permit approvals for a project that would include the transport of liquefied natural gas (LNG) via rail for export out of a New Jersey terminal. The organizations say the rail and truck transport of LNG needs more federal regulatory oversight given its...
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The Future Of Big Oil Isn't Necessarily Oil
Wednesday, July 20, 2016 - 10:51am | 361Read More...Royal Dutch Shell plc (ADR) (NYSE: RDS-A) is an oil company, right? If you ask the company's CEO Ben van Beurden this question the answer is a straight up no. According to a report by Bloomberg, Shell's CEO said the company that he oversees is more of a gas company than oil company. Near Australia'...
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Why Shares Of Golar LNG Partners Are Trading Higher
Wednesday, December 24, 2014 - 11:47am | 171Read More...Shares of Golar LNG Limited (NASDAQ: GLNG) were trading higher by more than 4 percent on Wednesday following the signing of a Heads of Agreement for the development of a floating liquefied natural gas (LNG) export project 20 kilometers off the coast of Cameroon. Golar LNG will provide the...
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Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596Read More...U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
