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Tellurian tightens belt amid dim short-term outlook for LNG industry
https://www.chron.com/business/energy/article/Tellurian-tightens-belt-amid-dim-short-term-15098792.php
LNG’s Black Friday
LNG’s Black Friday: Endgame For TELL, Magnolia (LNG-ASX) Gets Taken Out For access please email us at [email protected] The Walls Close In Around TELL – Stock Down 72% This Week As Liquidity & Commercial Realities Finally Overlap. TELL has traded down 52%...
The Golar Clean Up Trade – Let’s Get Schwifty
Golar Q4 Earnings Preview - Reorg Pressure Ramps GLNG/GMLP Equity Thesis, SOTP Valuation: Pages 1-2, 6 Our Expected Golar Reorg Solution: Pages 2-4 GMLP: Risk around Eskimo/Jordan Contract? Pages 2, 7...
LNG Update: Coronavirus Force Majeure — Context, Data, and Exposure
Corona-Related Force Majeure: Highlights From Our Recent LNG Update Chinese LNG Contractual Exposure - SPA Breakdown By Counterparty Pages 2, 5-9 Historical Context - SARS, 6 Previous Global Health Emergencies ...
Webber R|A Barge Week- Part 2: The M&A Menu
Barge Week Continues at Webber R|A with our Barge M&A Menu, out yesterday. The Barge M&A Menu: Assessing 2020 Consolidation Options includes: • The Elephant In The Room – Inland Special Situations (Page 2-3) • High Profile Coastal Distress (Pages 4-5) •...
It’s Barge Week At Webber R|A!
KEX: Previewing Q419 Earnings & 2020 Guidance Inland & Coastal Color: Page 3-4 Inland Spot & Term Pricing Data (Current/Historical): Page 5 Inland Barge Orderbook & Delivery...
US-China deal eases trade tensions, but tariffs still cloud LNG, ethanol flows
https://www.spglobal.com/platts/en/market-insights/latest-news/petrochemicals/011520-us-china-deal-eases-trade-tensions-but-tariffs-still-cloud-lng-ethanol-flows
Highlights From Webber R|A Call Series
LNG Project Risks: Tellurian, Venture Global, LNG Canada, Golden Pass North American EPC Updates: Last week we brought back our Vertical LNG Conference Call Series with guest Eric Smith of EPC Risks to run though updates on construction timelines for a number of North...
Tankers: 2020 Starts With A Bang
IMO 2020 Update: Scrubber Premiums Widen. Scrubber fitted vessels continue to command significant premiums as the clock effectively rolls to 2020 and the new IMO 2020 fuel regulations officially kick-in. Scrubber installed VLCCs are earnings $17k/day (~15%) more than...
US LNG projects on the bubble face possible shakeout year in 2020
https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/122419-commodities-2020-us-lng-projects-on-the-bubble-face-possible-shakeout-year-in-2020
LNG Update: USG Pricing Color & Mubadala Builds Its NEXT Stake
Updated Pricing Color For U.S. Developers: Cheniere, Shell, Venture Global, Next Decade, Freeport, Annova, Commonwealth, Delfin & More. Over the past week we've had several conversations with LNG buyers, project developers, and downstream operators, with the more...
LNG Update: Frozen 3? Funding Hot Potato For Novatek’s Arctic 2
Keeping An Eye On Budgeting Process For Arctic 2 Who Picks Up The Check For Arctic 2? The timeline for Novatek’s high-profile Arctic LNG 2 (19.8mpta) may have hit a modest speedbump, as the ~$1.9BN request to help finance critical aspects of Arctic 2 [the Utrenneye...
GLNG: Tangled Structure Clouds Golar Power Growth
Golar Treading Water Post Q3 Earnings. GLNG traded up ~1% late last week after posting relatively tepid Q3 results, regaining some early lost-ground following a disappointing headline number (below). While we continue to think GLNG looks washed out here ( ~0.7x our...
Webber R|A: Vertical LNG Weekly
FERC Approves 4 Texas LNG Projects: On 11/21 The Federal Energy Regulatory Commission (FERC) voted in favor (2-1) of all three Brownsville LNG export terminals (below), along with Cheniere’s CC Stage - 3 expansion – granting all 4 projects final approval. Among those...
Webber Research: Global Shipping Weekly
Russia May Delay IMO 2020 Compliance: Russia, a large producer and exporter of high sulfur fuel oil, intends to delay full implementation of IMO 2020 regulations until 2024. This will only be in effect within local waters (including Belarus, Kazakhstan, Armenia and...