When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
BP - Golar LNG: Force Majeure Will Cause Problems But Not The End Of The World
BP p.l.c.
On Tuesday, April 7, 2019, liquefied natural gas transportation and infrastructure company Golar LNG (GLNG) received a force majeure claim from oil giant BP plc (BP) with regard to its Gimi floating natural gas plant. As might be expected, the market did not respond very favorably to this news and sent the stock to a new 52-week low, although it did rebound a bit since then. This development is certainly bad news for the company and will hurt its growth story somewhat, but it may not be as bad as it