Techno Blender
Digitally Yours.
Browsing Tag

Cheniere Energy

CNBC Admits It Ran Oil-Happy Column With a Glaring Conflict of Interest

Sultan Ahmed al-Jaber speaks at the Atlantic Council’s Global Energy Forum last year.Photo: Ebrahim Noroozi (AP)The leader of one of Washington, DC’s most influential foreign policy think tanks got caught shilling for an oil CEO on a major news site—by a right-wing publication that runs hit pieces on renewable energy. This sounds like a Mad Lib, but it’s 2023, and anything is possible!On Saturday, CNBC posted an op-ed from Fred Kempe, the CEO of the Atlantic Council and a regular contributor to the site. Kempe has several

LNG Freight Rates Hit $450,000 a Day as Russia Disrupts Fuel Supplies

Daily freight rates to ship liquefied natural gas are at a record high, and prices are expected to climb further as winter approaches.Spot rates for ships commonly used to transport LNG are at $450,000 this week, a sixfold increase since the start of this year, according to the Baltic Exchange a London-based, freight-information provider. Brokers expect daily rates along main trade routes, including one from Texas to Northern Europe, to climb to $500,000 this month as the demand to charter ships remains high. In 2021,…

Government Officials Invest in Companies Their Agencies Oversee

Thousands of officials across the government’s executive branch reported owning or trading stocks that stood to rise or fall with decisions their agencies made, a Wall Street Journal investigation has found.More than 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican and Democratic administrations, disclosed stock investments in companies while those same companies were lobbying their agencies for favorable policies. That amounts to more than one in five senior…

Cheniere CFO Aims for Investment-Grade Credit Rating as Natural-Gas Prices Soar

Cheniere Energy Inc.’s finance chief is working toward landing an investment-grade credit rating in the coming year, as the largest U.S. exporter of liquefied natural gas pays down debt and benefits from the run-up in energy prices.Houston-based Cheniere this year amplified its capacity with a new production line completed ahead of schedule, while also managing to raise production at existing facilities, said Zach Davis, the chief financial officer. That…