For illustration only (Image: New Fortress Energy)
US LNG player New Fortress Energy reported a net loss of $557 million in the second quarter of 2025, while it continues to negotiate a long-term gas sale agreement with PREPA to provide gas island-wide in Puerto Rico.
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Houston-based small-scale LNG player Stabilis Solutions has received a letter of recommendation (LOR) from the US Coast Guard for its planned Galveston liquefaction facility.
Russian liquefied natural gas (LNG) production rose 10.7 percent in the first six months of this year, according to the Russian statistics agency Rosstat.
US LNG player New Fortress Energy said it had received "strong indications" of support from its stakeholders for the previously announced $5.8 billion UK restructuring plan.
US LNG firm New Fortress Energy said on Tuesday that its Brazil platform has signed a long-term lease and capacity agreement for the FSRU-based LNG import terminal in Santa Catarina, Brazil.
US LNG player New Fortress Energy said it had entered into a restructuring support agreement with its creditors as part of a consensual UK restructuring plan, in what is expected to be one of the largest consensual UK RP restructuring transactions ever completed. NFE will also separate its Brazilian operations into an independent, standalone energy platform.