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CoolCo sees buoyant market and Q3 profit

Cool Company Ltd, the Bermudian-based liquefied natural gas carrier owner, has reported third quarter operating income of $36.4 million and net income of $36.8 million. CoolCo achieved average daily t.

Flex LNG CEO upbeat after a strong third quarter

Bermudian-based Flex LNG Ltd, the liquefied natural gas shipping company, has reported net income of $46.6 million for the third quarter of the year. That compares with net income of $44.3 million for.

Flex LNG CEO upbeat after strong Q3

Bermudian-based Flex LNG Ltd, the liquefied natural gas shipping company, has reported net income of $46.6 million for the third quarter of the year. That compares to net income of $44.3 million for t.

Biden vows consequences for Saudi Arabia after OPEC+ decision

By Steve Holland WASHINGTON (Reuters) -President Joe Biden pledged on Tuesday there will be consequences for U.S. relations with Saudi Arabia after OPEC+ announced last week that it would cut its oil production target over U.S. objections. His announcement came a day after powerful Democratic Senator Bob Menendez, chairman of the Senate Foreign Relations Committee, said the United States must immediately freeze all cooperation with Saudi Arabia, including arms sales. Biden, in an interview with CNN s Jake Tapper, would not discuss what options he was considering. White House press secretary Karine Jean-Pierre said a policy review would be conducted but gave no timeline for action or information on who would lead the re-evaluation. The United States will be watching the situation closely over the coming weeks and months , she said. Saudi Foreign Minister Prince Faisal bin Farhan said the OPEC+ decision was purely economic and was taken unanimously by its member states. OPEC+ members act

Philippines Marcos open to dealing with Russia for fuel needs

MANILA (Reuters) - Philippine President Ferdinand Marcos Jr on Wednesday said his country may need to turn to Russia to fulfil its fuel needs amid rising global energy prices. Speaking to the Manila Overseas Press Club, Marcos, who is also the country s agriculture minister, said his country may also deal with Russia for supply of fertiliser. (Reporting by Karen Lema; Editing by Martin Petty)

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