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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French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.
Egypt's Ministry of Petroleum and Mineral Resources said on Wednesday that no one was injured after a fire broke out aboard the 138,350-cbm Energos Winter in Damietta.
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.