LNG

New Fortress Energy Completes Sale of Stake in Energos Infrastructure

Retrieved on: 
Thursday, February 15, 2024
Other Energy, Oil, Gas, Energy, Asset Management, Professional Services, Maritime, Logistics, Supply Chain Management, Transport, APO, Wes Edens, Sale, LNG, NFE

New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced that it has completed the sale of its 20% equity interest in Energos Infrastructure (“Energos”) to funds managed by Apollo (NYSE: APO) (the “Apollo Funds”).

Key Points: 
  • New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced that it has completed the sale of its 20% equity interest in Energos Infrastructure (“Energos”) to funds managed by Apollo (NYSE: APO) (the “Apollo Funds”).
  • Energos is a global maritime infrastructure company formed by NFE and Apollo Funds in August 2022 to provide LNG delivery, storage, and regasification services to a diverse customer base comprised of utilities and energy companies under long-term charters.
  • Energos owns and operates 13 LNG infrastructure vessels, consisting of 9 Floating Storage and Regasification Units, 2 Floating Storage Units, and 2 LNG carriers.
  • “We are pleased to have established Energos with Apollo Funds, our joint venture partner, and to have built it into a premier LNG maritime infrastructure company today.

Carnival Corporation Orders Fourth Excel-Class Ship for Carnival Cruise Line, 10th Excel-Class Ship Across Global Fleet

Retrieved on: 
Tuesday, February 13, 2024
Carnival Corporation & plc, Carnival Cruise Line, Partnership, Natural gas, Growth, Ship, LNG, Mardi Gras, CCL, Microsoft Excel, Cruise line

MIAMI, Feb. 13, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced it has signed an agreement with leading German shipbuilder Meyer Werft to build a fourth Excel-class cruise ship for its namesake Carnival Cruise Line brand. The ship, the 10th Excel-class ship in the corporation's fleet across four of its world-class brands, is expected to enter service in Spring 2027.

Key Points: 
  • MIAMI, Feb. 13, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced it has signed an agreement with leading German shipbuilder Meyer Werft to build a fourth Excel-class cruise ship for its namesake Carnival Cruise Line brand.
  • The ship, the 10th Excel-class ship in the corporation's fleet across four of its world-class brands, is expected to enter service in Spring 2027.
  • Joining current Carnival Cruise Line Excel-class ships Mardi Gras, Carnival Celebration and Carnival Jubilee, the new 180,000-ton ship will carry over 6,400 guests and be powered on a liquefied natural gas (LNG) technology platform.
  • "Our Excel-class ships have been a tremendous addition to the Carnival fleet and proven very popular with our guests," said Christine Duffy, president of Carnival Cruise Line.

Carnival Corporation Orders Fourth Excel-Class Ship for Carnival Cruise Line, 10th Excel-Class Ship Across Global Fleet

Retrieved on: 
Tuesday, February 13, 2024
Carnival Corporation & plc, Carnival Cruise Line, Partnership, Natural gas, Growth, Ship, LNG, Mardi Gras, CCL, Microsoft Excel, Cruise line

MIAMI, Feb. 13, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced it has signed an agreement with leading German shipbuilder Meyer Werft to build a fourth Excel-class cruise ship for its namesake Carnival Cruise Line brand. The ship, the 10th Excel-class ship in the corporation's fleet across four of its world-class brands, is expected to enter service in Spring 2027.

Key Points: 
  • MIAMI, Feb. 13, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced it has signed an agreement with leading German shipbuilder Meyer Werft to build a fourth Excel-class cruise ship for its namesake Carnival Cruise Line brand.
  • The ship, the 10th Excel-class ship in the corporation's fleet across four of its world-class brands, is expected to enter service in Spring 2027.
  • Joining current Carnival Cruise Line Excel-class ships Mardi Gras, Carnival Celebration and Carnival Jubilee, the new 180,000-ton ship will carry over 6,400 guests and be powered on a liquefied natural gas (LNG) technology platform.
  • "Our Excel-class ships have been a tremendous addition to the Carnival fleet and proven very popular with our guests," said Christine Duffy, president of Carnival Cruise Line.

Endeavour Silver Provides Q4 2023 Construction Progress Update On the Terronera Mine

Retrieved on: 
Monday, February 12, 2024
La Luz, New Mexico, Project, Mining, News, TSX, Biophysical environment, LNG, EDR, Steel, Engineering, Mexican peso, TSF, Accident, Workforce

VANCOUVER, British Columbia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) provides a Q4 2023 construction progress update for its Terronera Project in Jalisco state, Mexico.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) provides a Q4 2023 construction progress update for its Terronera Project in Jalisco state, Mexico.
  • A photo gallery presentation accompanies this news release and can be found here or on the Company website at Terronera Project Progress Photos .
  • The Terronera project has made significant construction progress to date.
  • Endeavour remains focused on advancing the Terronera Project for initial production in Q4 2024, with a comprehensive schedule and plan under the 2024 Updated Scenario.

E.A. Gibson and SOGDC Sign MoU for the Joint Development of Oil and Gas Facilities Project at Sipitang Oil & Gas Industrial Park (SOGIP)

Retrieved on: 
Thursday, February 8, 2024
Maritime, Transport, Other Construction & Property, Oil, Gas, Energy, Construction & Property, Industrial, Memorandum of understanding, Entrepreneurship, LNG, Industrialisation, Multimedia, Lead

Gibson Shipbrokers Ltd (Gibson) and Sabah Oil & Gas Development Corporation Sdn Bhd (SOGDC) have signed a Memorandum of Understanding to collaborate in the development of the Oil and Gas facilities at the Sipitang Oil and Gas Industrial Park (SOGIP), Sabah, Malaysia.

Key Points: 
  • Gibson Shipbrokers Ltd (Gibson) and Sabah Oil & Gas Development Corporation Sdn Bhd (SOGDC) have signed a Memorandum of Understanding to collaborate in the development of the Oil and Gas facilities at the Sipitang Oil and Gas Industrial Park (SOGIP), Sabah, Malaysia.
  • Gibson).
  • Gibson are London-based shipbrokers with over 130 years of experience in advising international clients, primarily in the oil & gas sector.
  • SOGDC is a Sabah state government agency under the direct purview of the State Ministry of Industrial Development & Entrepreneurship.

CARNIVAL CRUISE LINE TO HONOR MUSIC ICON GWEN STEFANI AS GODMOTHER OF CARNIVAL JUBILEE

Retrieved on: 
Thursday, February 8, 2024
Carnival Cruise Line, MTV Video Music Awards, Port, Microsoft Excel, Brit, LNG, American Music Awards, Human voice, Stefani, No Doubt, NBC, Veteran, The Voice, Music, Natural gas

MIAMI, Feb. 8, 2024 /PRNewswire/ -- Carnival Cruise Line announced today that global music superstar Gwen Stefani will be honored as the godmother of Carnival's new flagship, Carnival Jubilee, at a naming ceremony and celebration in Galveston, Texas on Saturday, Feb. 24.

Key Points: 
  • Naming Ceremony Set for Port of Galveston on Feb. 24
    MIAMI, Feb. 8, 2024 /PRNewswire/ -- Carnival Cruise Line announced today that global music superstar Gwen Stefani will be honored as the godmother of Carnival's new flagship, Carnival Jubilee, at a naming ceremony and celebration in Galveston, Texas on Saturday, Feb. 24.
  • Throughout it all, Stefani has remained a trend-setting music and fashion icon with an impressive array of honors – four MTV Video Music Awards, two Billboard Awards, an American Music Award, and a Brit Award.
  • "We are absolutely thrilled to be welcoming Gwen Stefani onto Carnival Jubilee so we can honor her as the ship's godmother," said Christine Duffy, president of Carnival Cruise Line.
  • "I am honored to be the godmother of the new Carnival Jubilee," said Stefani.

ConocoPhillips reports fourth-quarter and full-year 2023 results, 123% preliminary reserve replacement ratio; announces 2024 guidance and planned return of capital of $9B; declares quarterly ordinary dividend and variable return of cash distribution

Retrieved on: 
Thursday, February 8, 2024
Oil, Gas, Energy, Permian, FID, CFO, Eagle Ford, Dallas, VROC, Contiguous United States, ConocoPhillips, LNG, GHG, Public expenditure, Annual report, Investment, Depreciation, Acquisition, Form

Full-year 2023 earnings were $11.0 billion, or $9.06 per share, compared with full-year 2022 earnings of $18.7 billion, or $14.57 per share.

Key Points: 
  • Full-year 2023 earnings were $11.0 billion, or $9.06 per share, compared with full-year 2022 earnings of $18.7 billion, or $14.57 per share.
  • “During 2023, ConocoPhillips continued to demonstrate strong financial and operational performance, executing on our returns-focused value proposition,” said Ryan Lance, chairman and chief executive officer.
  • “We achieved record production, reached several key milestones across our global operations and returned $11 billion to shareholders.
  • Distributed $11.0 billion to shareholders through a three-tier framework, including $5.6 billion through the ordinary dividend and variable return of cash (VROC) and $5.4 billion through share repurchases.

TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares

Retrieved on: 
Wednesday, February 7, 2024
LNG, TNP, Holding company

ATHENS, Greece, Feb. 07, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the “Series E Preferred Shares”; NYSE: TNPPRE).

Key Points: 
  • ATHENS, Greece, Feb. 07, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the “Series E Preferred Shares”; NYSE: TNPPRE).
  • The dividend on the Series E Preferred Shares is for the period from the most recent dividend payment date of November 28, 2023 through February 27, 2024.
  • The dividend on the Series E Preferred Shares will be paid on February 28, 2024 to all holders of record of Series E Preferred Shares as of February 23, 2024.
  • This is the 28th dividend on the Series E Preferred Shares since their commencement of trading on the New York Stock Exchange.

Carnival Corporation Announces Ambitious 2024 Greenhouse Gas Intensity Reduction Projections

Retrieved on: 
Tuesday, February 6, 2024
Particulates, CCL, Nitrogen, Sheepdog trial, Noise, Methanol, International Maritime Organization, Carnival Corporation & plc, HVAC, Friction, Biofuel, LNG, GHG, Carbon, Hydrogen, Ship, Fluid, Weather, Electricity, LED, ALS, Renewable energy

MIAMI, Feb. 6, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced it is on pace to achieve an overall 18% reduction in greenhouse gas (GHG) emission intensity on a lower berth capacity basis in 2024 (compared to 2019) – just a few points shy of its 20% reduction goal originally targeted for 2030. By year end, the company expects to have reduced its GHG emission intensity by an impressive 42% on a lower berth capacity basis since its first benchmark in 2008. The company also expects this performance to put it ahead of the International Maritime Organization's (IMO) 2030 carbon intensity reduction timeline.

Key Points: 
  • MIAMI, Feb. 6, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced it is on pace to achieve an overall 18% reduction in greenhouse gas (GHG) emission intensity on a lower berth capacity basis in 2024 (compared to 2019) – just a few points shy of its 20% reduction goal originally targeted for 2030.
  • The company also expects this performance to put it ahead of the International Maritime Organization's (IMO) 2030 carbon intensity reduction timeline.
  • Carnival Corporation is executing on two parallel paths to achieve these significant reductions.
  • Since cruise ships generate their electricity from fuel, Carnival Corporation set out to uncover every area where energy can be saved and cut the amount of fuel used.

Tellurian Explores Sale of Haynesville Upstream Assets

Retrieved on: 
Tuesday, February 6, 2024
Oil, Gas, Energy, Inc., Multimedia, Sale, Lazard, LNG, Natural gas, Tellurian Inc, Carbon

Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today it has asked its financial advisor, Lazard, to explore opportunities for the sale of Tellurian’s upstream business.

Key Points: 
  • Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today it has asked its financial advisor, Lazard, to explore opportunities for the sale of Tellurian’s upstream business.
  • We have concluded that there are alternative gas supply strategies available to us from various basins and our ownership of upstream assets is not necessary at this stage of Tellurian’s development.
  • Tellurian produced 19.5 billion cubic feet (Bcf) of natural gas for the quarter ended September 30, 2023.
  • Tellurian’s natural gas assets include 31,149 net acres, interests in 159 producing wells and over 400 drilling locations.