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Enbridge ( NYSE: ENB ) said Friday it will partner will Pacific Energy Corp. to spend C$5.1B (US$3.98B) in the joint construction and operation of the Woodfibre LNG project in British Columbia. Enbridge ( ENB ) will invest in a 30% ownership stake in the liquefied na...
Tellurian (TELL) shares posted strong Q1 gains, as an emerging energy crisis in Europe put the company in poll position to sign LNG offtake agreements and commence construction of its flagship Driftwood LNG project. However, in March, Chairman Souki said he expected to reach final investment ...
The benchmark US crude oil grade WTI spiked by 11% in early afternoon futures trading to $106.75 a barrel, the highest since June 2014, before beginning to ease off just a tad. WTI is now up 20% from a month ago and 75% from a year ago. Now the industry is in no hurry to increase ...
The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund – Institutional Class gained 3.26% in 2021’s secon...
TebNad/iStock via Getty Images A consortium of U.S.-based McDermott (MDRIQ) and China's Sinopec (SNP) says it won a conditional award to build the upstream facilities for TotalEnergies' (TOT) huge Tilenga project in Uganda. McDermott says the contract - which is subject to the approval of Til...
Argan builds natural gas power plants and, currently, has a $3B project backlog. Prior operating history is concerning after the company burned through their backlog two years ago and revenues decreased over 50%. Given relatively cheap valuation, competitor exits, and current back...
"Vietnam has given the green light to AES Corp. (AES) to go forward" with a project to develop a local $2.8B LNG import terminal and power plant, U.S. Secretary of State Mike Pompeo said at a virtual Indo-Pacific Business Forum.Much of the LNG will be imported from the U.S., which wants to na...
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New York, New York--(Newsfile Corp. - July 21, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in McDermott International, Inc. ("McDermott" or the "Company") (OTC Pink: MDRIQ) of the September 16, 2020 deadline to seek the role of lead plaintiff in ...
NEW YORK, July 20, 2020 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in McDermott International, Inc. ("McDermott" or the "Company")(OTC:MDRIQ) of the September 16, 2020 deadline to seek the role of lead plaintiff in a federal secur...