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Golar LNG Ltd (GLNG.OQ)

GLNG.OQ on NASDAQ Stock Exchange Global Select Market

24.80USD
14 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Golar LNG Says Generated Net Loss Of $21 Mln In Q1
Thursday, 31 May 2018 07:53am EDT 

May 31 (Reuters) - Golar LNG Ltd ::GOLAR LNG LIMITED INTERIM RESULTS FOR THE PERIOD ENDED 31 MARCH 2018.GOLAR LNG LTD QTRLY TOTAL OPERATING REVENUES $66.2 MILLION VERSUS $57.6 MILLION IN 2017 OCT-DEC QUARTER.GOLAR LNG LTD - IN 1Q 2018, COMPANY GENERATED A NET LOSS OF $21.0 MILLION.GOLAR LNG LTD - LOOKING FURTHER AHEAD, A 9-MONTH DELAY TO START-UP OF 13.2MTPA FREEPORT LNG PLANT HAS BEEN CONFIRMED.GOLAR LNG - SEASONAL SOFTENING OF SHIPPING MARKET WAS ANTICIPATED AND WILL NEGATIVELY IMPACT 2Q 2018 TCE, EXPECTED TO BE AROUND HALF 1Q 2018 LEVELS.GOLAR LNG LTD - UNDERLYING THESIS OF A SUSTAINABLE RECOVERY IN SHIPPING MARKET FROM 3Q 2018 DOES REMAIN INTACT.GOLAR LNG LTD - GOLAR'S SHARE OF ANNUAL EBITDA FROM EFFECTIVE INTEREST IN POWER STATION AND FSRU IS EXPECTED TO BE AROUND $100 MILLION.  Full Article

Golar LNG & Golar LNG Partners Announce Organizational Changes
Monday, 19 Mar 2018 07:30am EDT 

March 19 (Reuters) - Golar Lng Ltd ::GOLAR LNG LIMITED & GOLAR LNG PARTNERS L.P. ANNOUNCE ORGANIZATIONAL CHANGES.GOLAR LNG LTD - GRAHAM ROBJOHNS WILL STEP DOWN AS CEO OF GOLAR PARTNERS AND TAKE UP ROLE OF CFO AND DEPUTY CEO OF GOLAR LNG.GOLAR LNG LTD - WITH IMMEDIATE EFFECT BRIAN TIENZO WILL STEP DOWN AS CFO OF GOLAR AND WILL TAKE UP POSITION OF CEO AND CFO OF GOLAR LNG PARTNERS.  Full Article

Golar LNG Is Investigating Options To Restructure Its Shipping Business
Wednesday, 28 Feb 2018 08:18am EST 

Feb 28 (Reuters) - Golar LNG Ltd ::GOLAR LNG LIMITED PRELIMINARY FOURTH QUARTER AND FINANCIAL YEAR 2017 RESULTS.GOLAR LNG LTD - QTRLY PRELIMINARY OPERATING INCOME AND EBITDA OF $2.8 MILLION AND $19.4 MILLION, RESPECTIVELY.GOLAR LNG LTD - SERGIPE PROJECT IS EXPECTED TO BE CASHFLOW GENERATIVE IN 2020, AHEAD OF FORTUNA.GOLAR LNG LTD - COMPANY IS INVESTIGATING OPTIONS TO RESTRUCTURE ITS SHIPPING BUSINESS.GOLAR LNG - PRELIM ‍TOTAL OPERATING REVENUE (INCLUDING REVENUE FROM COLLABORATIVE ARRANGEMENT) WAS $57.6 MILLION IN QUARTER VERSUS $32.4 MILLION IN JULY-SEP​T 2017 PERIOD.GOLAR LNG LTD - SHIPPING RETURNS ARE EXPECTED TO INCREASE OVER COURSE OF 2018.GOLAR LNG LTD - SHAREHOLDERS SHOULD NOT EXPECT A SIGNIFICANT IMPROVEMENT IN TCE RATES BEFORE 3Q 2018.GOLAR LNG LTD - OUTLOOK INCLUDES ‍TCE RATES ACHIEVED FOR 1Q 2018 ARE MARGINALLY UP ON 4Q 2017​.  Full Article

Barrow, Hanley, Mewhinney & Strauss Llc Report A Passive Stake Of 6.57 Pct In Golar LNG
Monday, 12 Feb 2018 09:29am EST 

Feb 12 (Reuters) - Golar LNG Ltd ::BARROW, HANLEY, MEWHINNEY & STRAUSS, LLC REPORT A PASSIVE STAKE OF 6.57 PERCENT IN GOLAR LNG LTD AS OF DEC 31, 2017 - SEC FILING.  Full Article

Golar LNG Reports Q3 Net Loss Of $43.9 Mln
Thursday, 30 Nov 2017 08:04am EST 

Nov 30 (Reuters) - Golar Lng Ltd ::INTERIM RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER 2017.GOLAR LNG LTD SAYS TOTAL OPERATING REVENUES IN JUL-SEPT QUARTER $32.4 MILLION VERSUS $28.4 MILLION IN APR-JUN QUARTER.GOLAR LNG LTD - ‍GOLAR REPORTS TODAY 3Q 2017 OPERATING LOSS OF $22.9 MILLION AS COMPARED TO 2Q 2017 LOSS OF $24.0 MILLION​.GOLAR LNG LTD - QTRLY NET LOSS OF $43.9 MILLION VERSUS $73.8 MILLION IN APR-JUN QUARTER.  Full Article

Golar LNG says Luxor Capital has 5.5 pct passive stake in co - SEC filing‍​
Friday, 6 Oct 2017 06:13am EDT 

Oct 6 (Reuters) - Golar LNG Ltd : :Luxor Capital Group LP reports 5.5 percent passive stake in Golar LNG Ltd as of September 25, 2017 - SEC filing‍​.  Full Article

Golar LNG has appointed Iain Ross to replace Oscar Spieler as CEO
Thursday, 21 Sep 2017 03:01am EDT 

Sept 21 (Reuters) - Golar Lng Ltd :Has appointed Iain Ross to replace Oscar Spieler as CEO.Oscar will remain with group, fulfil role of executive advisor & assist Ross until charterers Perenco and SNG accept FLNG Hilli Episeyo.  Full Article

Golar LNG Ltd says Fortuna FLNG offtake awarded to Gunvor
Monday, 21 Aug 2017 08:01am EDT 

Aug 21 (Reuters) - Golar Lng Ltd :Golar - ‍Ministry of Mines, hydrocarbons, ophir equatorial guinea, OneLNG SA, Gepetrol have nominated Gunvor as preferred LNG buyer for offtake from Fortuna FLNG project​.Golar - ‍Gunvor to take full contract capacity of Gandria FLNG vessel of 2.2 mmtpa, will be purchased on a brent-linked, fobbasis for 10 year term​.Golar LNG Ltd - ‍Final investment decision on Fortuna FLNG project is on track for 2017​.  Full Article

Golar LNG, Delfin Midstream to jointly develop Delfin LNG project in U.S. Gulf of Mexico
Wednesday, 21 Jun 2017 07:55am EDT 

June 21 (Reuters) - Golar Lng Ltd :Golar lng and delfin midstream sign agreement to jointly develop the delfin lng project in the us gulf of mexico.Golar lng ltd - joint development agreement will facilitate financing, marketing, construction, development and operation of delfin lng.Says it is expected that fid on delfin project will take place in 2018 with first lng to be delivered in 2021/22.Golar lng ltd - expects that fid on delfin project will take place in 2018 with first lng to be delivered in 2021/22.  Full Article

Golar LNG reports qtrly loss of $41.4 mln compared to a Q4 loss of $32.7 mln
Wednesday, 31 May 2017 07:58am EDT 

May 31 (Reuters) - Golar LNG Ltd :::Interim results for the period ended 31 march 2017.In quarter, reported a loss of $41.4 million compared to a 4q loss of $32.7 million.Golar LNG Ltd says despite showing some improvement over prior quarter, shipping market remained weak in 1q.Golar LNG Ltd says approximately 34 million tons of new lng is expected to come on line in 2017 representing 13% growth against 2016 global production.Golar LNG - total operating revenues (including revenue from collaborative arrangement) for jan-mar quarter $25.1 million versus $23.1 million for oct-dec 2016 quarter.  Full Article

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PetroChina, Qatar holding advanced talks on LNG supply deals: sources

BEIJING PetroChina Ltd is in advanced discussions with Qatar to purchase liquefied natural gas (LNG) under short- and long-term agreements, three sources with knowledge of the talks said on Wednesday.