Latest Breaking News On - Natural gas sector - Page 1 : comparemela.com

Jordan urges Iraq to extend oil supply agreement

MidOcean completes acquisition of SK E&S's interest in Peru LNG

This transaction follows MidOcean s recent announcement of an investment by Japan s Mitsubishi Corp and the acquisition of Tokyo Gas interests in a portfolio of Australian LNG projects. [Image: Peru LNG]

Sustainability and ESG Advisory Practice Update, March 2024 | Wilson Sonsini Goodrich & Rosati

Is all the bad news and views priced in? 4 stocks from the natural gas sector for contrarian trade.

Gas stocks have been underperforming the market for quite some time. The argument against them has been multifold, right from stagnation in terms of volume growth, companies not being able to expand in newer areas and the latest one being the threat from EV. Couple of months back, an announcement about pushing the electric vehicle (EV) more aggressively in Delhi, brought pressure on the stocks like IGL. While there is no doubt that over a period of time, EV will dominate, does it mean the end of the business of the gas companies? The answer is probably no, there are many other use cases and narrative about negative impact might be over stretched. Also the street might be ignoring the fact that these companies have enough cash on the balance sheet and also cash flows from existing lines of business to move into new areas which are part of the EV eco system.

Methane emissions regulation is getting tougher, much tougher [Gas in Transition]

Although responsible for only a small proportion of fossil fuel methane emissions, the LNG industry should be an exemplar in implementing the new regulations.