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Offshore Technology on MSNPuerto Rico ceases negotiations on $20bn LNG contract with New Fortress Energy
The decision came after New Fortress reportedly refused to consider amendments to the contract and failed to meet a crucial deadline.
Puerto Rico has canceled a proposed $20-billion LNG supply deal with New Fortress Energy, raising questions about its energy ...
New Fortress Energy (NASDAQ:NFE) -7.8% in Wednesday's trading after Bloomberg reported that Puerto Rico has ended attempts to negotiate a multi-billion dollar liquefied natural gas contract after the ...
The Trump Administration’s proposed trade rules would require U.S. LNG exports to be increasingly shipped on U.S.-built and U ...
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 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.
Three unfolding scandals expose a dangerous convergence of mismanagement, corruption, and financial instability in Puerto ...
The board has been in a fierce legal battle with bondholders who claim the territory's utility owes them $12 billion.
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.
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.
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 ...
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