Tag / Flex

Subscribe

Flex

Flex, Golar and Teekay See Profits Rising as LNG Shipping Market Tightens

Flex, Golar and Teekay See Profits Rising as LNG Shipping Market Tightens

A trio of international liquefied natural gas (LNG) shippers saw improved financials in the first quarter as demand grew and prices strengthened. Flex LNG Ltd., Teekay LNG Partners LP and Golar LNG Ltd. reported stronger demand for time charters as spot prices in Asia shot up in January and the cooldown in February was short-lived,…

May 25, 2021
LNG Carriers See Tough Year Ahead on ‘Unprecedented Demand Destruction’

LNG Carriers See Tough Year Ahead on ‘Unprecedented Demand Destruction’

Liquefied natural gas (LNG) shipowners that recently capped off first quarter earnings season see a grim outlook for most of 2020 as global supplies teem, prices have cratered and demand wavers.

June 3, 2020

Equity Investor Putting $1.3B Into Freeport LNG

Freeport LNG Expansion LP has snagged a $1.3 billion equity investment from IFM Investors for its proposed liquefied natural gas (LNG) liquefaction and export facility on Quintana Island near Freeport, TX. Funds will support development of the facility’s second train.

December 16, 2013
Manufacturers Group Seeks Rulemaking on LNG Process

Manufacturers Group Seeks Rulemaking on LNG Process

A manufacturers’ trade association has filed out of time to comment and intervene in the next U.S. Department of Energy (DOE) liquefied natural gas (LNG) export license case, arguing that recent export approvals show a need for “more particularized and informative standards” in evaluating applications.

September 20, 2013

MIT: U.S. Should Back Expanded Shale Research

Researchers with the Massachusetts Institute of Technology Energy Initiative (MITEI) say natural gas has a bright future, but they said the government needs to be more involved and industry needs to remain vigilant over potential — but so far unrealized — environmental disasters.

June 13, 2011