Tagged New York

New Fortress Energy terminates Centrica LNG deal

Rate this article By Adnan Bajic New York City-based New Fortress Energy has terminated its LNG supply agreement with Centrica. Courtesy of New Fortress Energy New Fortress Energy has decided against purchasing any additional LNG from Centrica for the remainder of 2020 in exchange for a payment of $105 million. As a result, New Fortress…

Glenfarne extends LNG footprint with Magnolia buy

Rate this article By Adnan Bajic New York-based private energy and infrastructure development company Glenfarne Group confirmed it stands behind the acquisition of the Magnolia LNG project in Louisiana. Courtesy of LNG limited Glenfarne noted the acquisition of the project was completed through its newly formed unit Magnolia LNG Holdings. Magnolia LNG is an 8…

GasLog CFO steps down

Rate this article By Adnan Bajic LNG shipper GasLog said that its chief financial officer (CFO) Alastair Maxwell has decided to step down from his position. Following the company’s decision to base its senior management in Greece, Maxwell decided not to relocate and will step down on June 30, 2020. GasLog and its New York-listed…

NYSE to delist Diamond shares after bankruptcy filing

Rate this article By Nermina Kulovic Following its filing for Chapter 11 bankruptcy protection, Diamond Offshore Drilling has received a delisting notice from the New York Stock Exchange (NYSE). The post NYSE to delist Diamond shares… … Read Full Article Here For more great articles: Offshore Energy Today

NYSE listing warning for Vaalco Energy

Rate this article By Nermina Kulovic Houston-based oil and gas company Vaalco Energy has received a continued listing warning from the New York Stock Exchange (NYSE). The post NYSE listing warning for Vaalco Energy appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today

Kosmos Energy gets delisting warning from NYSE

Rate this article By Bojan Lepic Kosmos Energy has been given a continued listing standard notice from the New York Stock Exchange (NYSE). The post Kosmos Energy gets delisting warning from NYSE appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Pacific Drilling’s NYSE listing at risk from suspension

Rate this article By Nermina Kulovic Pacific Drilling has received notice from the New York Stock Exchange (NYSE) stating that the company does not currently satisfy the minimum share price standard for continued listing of the… … Read Full Article Here For more great articles: Offshore Energy Today

Seadrill gets NYSE listing warning

Rate this article By Nermina Kulovic Offshore drilling contractor Seadrill Limited has been given a continued listing standard notice from the New York Stock Exchange (NYSE). According to the notice, received on 26 March 2020, the company is not in compliance with the NYSE continued listing standard with respect to the minimum average share price…