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LNG Sellers Seek Credit Letters as Gas Price Spike Stretches Credit Limits
2021-10-04 15:37:36| OGI
Sellers of LNG are asking for credit letters from companies they deal with to guarantee they can pay as the global spike in gas prices takes them beyond their credit limits, industry sources said on Oct. 4.
Tags: price
credit
sellers
gas
From Oil and Gas Investor Editor-in-Chief: Soukis Optimism
2021-10-04 11:00:00| OGI
Even at $5 per Mcf, natural gas prices are cheap, says Tellurian Inc.s co-founder Charif Souki. And the rest of the world is willing to take it off your hands for decades to come, he projectsdespite the noise that says otherwise.
Tags: gas
oil
investor
optimism
US Drillers Add Oil, Gas Rigs for Fourth Week in a Row
2021-10-01 19:53:21| OGI
The oil and gas rig count rose by seven to total 528 in the week of Oct. 1, its highest since April 2020, energy services firm Baker Hughes Co. said in its closely followed report.
Exxon Mobil Expects $1.5 Billion Boost to Earnings from Higher Oil, Gas Prices
2021-10-01 18:30:00| OGI
Natural gas prices should give Exxon Mobil the largest increase in operating profit in the quarter, the U.S.-based oil major signaled in a corporate filing.
Millions of households face 12% gas and electricity price rise
2021-10-01 01:02:13| BBC News | Business | UK Edition
Standard energy bills rise by 139 a year and prepayment meter bills see sharper rise under new price cap.
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