Wednesday, July 16, 2025
Cheniere's adjusted profit, revenue more than double on soaring LNG demand- oil and gas 360

Cheniere’s adjusted profit, revenue more than double on soaring LNG demand

Yahoo Finance U.S. liquefied natural gas (LNG) company Cheniere Energy Inc on Thursday reported a third-quarter loss on derivative contracts while delivering revenue and adjusted profit that more than doubled on surging LNG demand.   The top U.S. exporter of LNG said it took a $5.49 billion loss on derivatives and foreign exchange from mark-to-market declines in the value of

Biden’s rocky relationship with big oil and OPEC- oil and gas 360

Biden’s rocky relationship with big oil and OPEC

Oil Price President Biden this week made a splash in the world of news as he once again pointed the finger at the oil industry, accusing companies of “war profiteering” and threatening what essentially comes down to a financial punishment unless they turn the taps on.   It’s a rhetoric that sounds familiar and takes one back to the summer