Abu Dhabi takes $615 million stake in US LNG exporter
Abu Dhabi’s main sovereign wealth fund disclosed a 5.1% stake in Cheniere Energy Inc., the largest U.S. exporter of liquefied natural gas.
Cheniere Energy
Blackstone gains $5 Billion on Cheniere LNG stake
Blackstone Group Inc. will see a $5 billion gain from selling a stake in the largest liquefied natural gas export terminal in the U.S.
Cheniere warns that Asia could put a damper on soaring profits
Houston-based Cheniere Energy reported soaring profits Tuesday while warning of slowing demand in Asia amid warmer winters, the rise of nuclear power and concern that the coronavirus outbreak could drag down the global economy.
LNG cargoes cancelled as virus compounds US export glut
A buyer of LNG has cancelled two cargoes from Cheniere Energy, the biggest US exporter, as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.
US-China deal provides boost for energy exports
A deal by the US and China goes some way to ending the two-year trade war, with particular support in the agreement for agriculture and energy exports.
FERC approves four LNG export plans
The US’ Federal Energy Regulatory Commission (FERC) has approved four LNG export plans, three of which are located in Texas’ Brownsville Ship Channel.
EOG to access JKM pricing via Cheniere deal
Cheniere Energy has signed a deal to provide liquefaction services to EOG Resources, a US-based shale producer.
Freeport signs up Train 4 financing
Freeport LNG has reached a deal to raise $1.025 billion from Westbourne Capital and its partners. The cash will go to supporting a fourth train at the plant. A commissioning cargo from Freeport LNG’s Train 1 was exported on September 3. The announcement comes as Cheniere Energy Partners has increased the size of a notes offering to $1.5bn, from the proposed $1bn.
Cheniere loss grows by 78% in past year
Cheniere Energy has reported a net loss $291million for the three months ended December 31, 2015, compared to a net loss of $158.6million the previous year.
Former Cheniere chief exec resigns from board
The former chief executive of Cheniere Energy has resigned from the company’s board after being replaced at the end of last year.
Cheniere boss sells off more stock in company
The chief executive of Cheniere Energy plans to cash in on 50,000 shares in the company, according to a recent regulatory filing. The Securities and Exchange Commission (SEC) filing shows Charif Souki holds around 3.4million shares in the firm.