LNG News Trends: Cheniere Energy, Inc. (LNG) VP Greg Rayford, Chevron Corporation (CVX)’s Premium Turbine Oil, Clean Energy Fuels Corp (CLNE)’s Commodity Pricing

Editor’s Note: Cheniere Energy, Inc. (NYSEMKT:LNG), Chevron Corporation (NYSE:CVX), Clean Energy Fuels Corp (NASDAQ:CLNE)

Chevron Launches Premium Turbine Oil (Machinery Lubrication Magaz)
Chevron Corporation (NYSE:CVX) recently introduced its new GST Premium 32 turbine oil to meet the requirements of non-geared gas and steam turbines. Specifically formulated for use in turbines where extreme temperatures are experienced, the new oil is well suited for power generation applications in markets like petrochemical production, utilities and heavy industry. The turbine oil combines highly refined Group II base stocks and a unique additive package to minimize the formation of deposits in reservoirs, high-temperature bearings and other hot areas of the turbine. It also offers oxidation and thermal stability for long service life at severe temperatures with excellent varnish control.

Clean Energy Fuels Corp (NASDAQ:CLNE)

Clean Energy Fuels Corp (CLNE) Highly Exposed to Natural Gas Commodity Pricing (The Wall Street Transcript)
Clean Energy Fuels Corp (NASDAQ:CLNE) has large exposure to the commodity pricing of natural gas in North America, as the company owns stations that distribute CNG and LNG, leading Pavel Molchanov, Analyst at Raymond James & Associates, to avoid the stock based on the company’s performance and outlook. “The company has negative EBITDA, burning cash, even without taking capital spending into account, and it’s trading at about four times revenue. For a commodity company with low barriers to entry that’s nowhere near profitability and trading at four times revenue, that’s a stock that I would definitely avoid,” Molchanov said.

ICEH to press ahead with study of port (Bangkok Post)
The Independent Commission on Environment and Health (ICEH) will proceed with consideration of the environmental and health impact assessment of Chevron Corporation (NYSE:CVX)’s controversial deep-sea port project in Nakhon Si Thammarat. Consideration will proceed even though the firm has decided to scrap the project. The ICEH, which looks into the environmental and health impact assessment (EHIA) reports of harmful projects, yesterday summoned representatives of the US-based oil giant to ask about the status of the port project in Tha Sala district. Chevron announced in December last year that it had cancelled the port and shore support facility as the project has suffered long delays and would take another five years to complete _ too late to meet Chevron Corporation (NYSE:CVX)’s needs. Rising construction costs were another factor.

Cheniere Energy VP Greg Rayford Sells 6,500 Shares (LNG) (Zolmax)
Cheniere Energy, Inc. (NYSEMKT:LNG) VP Greg Rayford unloaded 6,500 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $27.27, for a total value of $177,255.00. Following the completion of the transaction, the vice president now directly owns 1,065,730 shares in the company. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. LNG has been the subject of a number of recent research reports. Analysts at TheStreet reiterated a “hold” rating on shares of Cheniere Energy, Inc. (NYSEMKT:LNG) in a research note to investors on Tuesday, July 9th.

Ukraine region rejects initial draft of Chevron shale gas deal (Reuters)
Prospects of a new shale gas deal being concluded in Ukraine hit a setback on Tuesday when a local council voted against an initial draft production-sharing agreement with U.S. energy major Chevron Corporation (NYSE:CVX), an official said. The official, who did not wish to be named, told Reuters that deputies in Ivano-Frankivsk region, in the west of the country, had sent the draft back to the government pressing for guarantees which would address their concerns over the exploration plans.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!