The first regular shipment of liquefied natural gas from the United States arrived in Germany on Tuesday, part of a wide-reaching effort to help the country replace energy supplies it Read more
Tag: Crude Oil/Natural Gas Downstream Operations
These 20 stocks were the biggest winners of 2022
Even during a year in which the S&P 500 index has declined 19%, with 70% of its stocks in the red, there are plenty of winners. Before showing you the Read more
Twitter spoof contributes to natural-gas price drop; Freeport LNG calls out fake letterhead and ‘false information’ on Twitter
A major liquefied natural gas exporter in Texas, Freeport LNG, said Friday that statements posted earlier in the day on Twitter and other social media using fake, Freeport-branded letterhead were Read more
‘Teflon’ Northrop Grumman’s stock jumps despite defense industry challenges
Despite missing Wall Street’s top and bottom-line third-quarter estimates and delivering a weak outlook this week, Northrop Grumman Corp.’s stock continues to live up to its ‘teflon’ reputation. As expected, Read more
Why have gas prices in the Northeast jumped in the past week?
The bad news is that gasoline prices have spiked in the U.S. Northeast in the past week. The good news is that prices probably won’t climb for long — and Read more
Northrop Grumman reports third-quarter top- and bottom-line misses, but space business is a highlight
Northrop Grumman Corp.’s stock fell before the opening bell on Thursday after the defense contractor reported third-quarter results that missed on the top and bottom lines and delivered a weak Read more
The first ‘truly global energy crisis’ is here, says International Energy Agency chief
“‘The world is in the middle of its first truly global energy crisis.’” — Fatih Birol, executive director, International Energy Agency That observation comes from Fatih Birol, executive director of Read more
European gas futures down to 3-month low as LNG imports gain traction
European gas prices dropped to a three-month low on Monday as EU countries rush to replace lost Russian pipeline gas supply with liquefied natural gas (LNG) imports. Dutch front month Read more
Biden official says ban on gasoline exports still on the table, as White House responds to OPEC+ supply cut
Top White House economic adviser Brian Deese said Thursday that a U.S. ban on exports of gasoline and other refined petroleum products still was under consideration, as Biden administration officials Read more
Icahn, other big-name investors clean up on Elon Musk’s Twitter reversal
Elon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Icahn quietly amassed a Twitter TWTR, +22.24% stake Read more