Puerto Rico has canceled a proposed $20-billion LNG supply deal with New Fortress Energy, raising questions about its energy transition and future reliance on fossil fuels.

The company’s shares fell as much as 4.8% Monday. Puerto Rico is a key source of revenue for New Fortress Energy, and company is deeply enmeshed in the island’s power infrastructure.

July 23 (Reuters) - Puerto Rico is ending talks to negotiate a $20 billion liquefied natural gas contract with New Fortress Energy (NFE.O), Bloomberg News reported on Wednesday, citing a negotiator.

The share price of New Fortress Energy Inc. (NASDAQ:NFE) fell by 17.16% between July 22 and July 29, 2025, putting it among ...

Crowley has announced leadership appointments that will continue to strengthen it as a leader in advanced energy ...

Crowley Shipping has announced new leadership appointments aimed at supporting its advanced energy transportation and ...

Three unfolding scandals expose a dangerous convergence of mismanagement, corruption, and financial instability in Puerto ...

The Puerto Rico government and New Fortress (NFE) have engaged in talks over renewing a 15-year deal worth an estimated $20B to supply the island with LNG, but the federally-appointed Financial ...

Crowley's American Energy carrier is set to transport domestically-produced LNG to Spanish multinational energy company Naturgy, according to an announcement made on March 18, 2025.

Crowley and Naturgy have entered into a multi-year agreement that provides for the regular delivery of the U.S. mainland-sourced LNG to Naturgy's operating facility in Penuelas, Puerto Rico.

Spanish energy company Naturgy joins a partnership for "regular delivery" of liquefied natural gas sourced from the U.S. mainland to an operating power plant on the Puerto Rico coast.

A divers’ inspection of the GDF Suez-owned, Hoegh LNG-managed Matthew (built 1979) has given the LNG carrier a clean bill of health after it grounded in Puerto Rico on Tuesday.The tide was out ...