US LNG firm Tellurian, the developer of the Driftwood LNG project in Louisiana, said it had signed a deal to amend the terms of certain debt instruments in order to boost near-term liquidity and provide […]
Hudbay Minerals (TSX, NYSE: HBM) shares rose on Friday following the company’s announcement of record quarterly and annual revenue of $602.2 million and $1.69 billion, respectively. Cash flow (before changes in non-cash working capital) also […]
SM Bluebird at the Sabine Pass LNG terminal (Image: Cheniere Energy) US LNG exporting giant Cheniere reported a 39 percent drop in its 2023 revenue due to lower prices, while its net profit jumped compared […]
Russian LNG producer Novatek reported a net profit of about 463 billion rubles ($5.09 billion) in 2023. The company did not publish its financial results in 2022. In 2023, Novatek’s total revenues and normalized Ebitda, […]
Adnoc’s gas and LNG unit, Adnoc Gas, reported higher income and revenue in the fourth quarter of 2023 due to higher volumes and prices. UAE’s Adnoc Gas reported revenue of $6.3 billion in the fourth […]
Daily Standup Weekly Top Stories Orsted’s strategic shake-up has investors worried February 4, 2024 Stu Turley Wind firm Orsted will present its new strategy on Wednesday Company faces dilemma of cutting targets or raising capital Cutting […]
Daily Standup Top Stories TotalEnergies reports lower LNG earnings, sales February 7, 2024 Allen Santos France’s TotalEnergies said on Wednesday that the company’s integrated LNG business logged a decline in its adjusted net operating income in […]
France’s TotalEnergies said on Wednesday that the company’s integrated LNG business logged a decline in its adjusted net operating income in the fourth quarter of 2023 due to lower prices. The company’s integrated LNG adjusted […]
Daily Standup Top Stories Wind Farms Are Overstating Their Output — And Consumers Are Paying For It February 3, 2024 Stu Turley Dozens of British wind farms run by some of Europe’s largest energy companies have […]
Reported earnings of $2.3 billion; adjusted earnings of $6.5 billion Record $26.3 billion cash returned to shareholders in 2023 Record annual worldwide and U.S. production Announced an 8 percent increase in quarterly dividend to $1.63/share […]
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