QatarEnergy expects the first train of its North Field East (NFE) liquefied natural gas expansion project to start production in the first half of 2027, but additional trains will depend on the Strait of Hormuz crisis.
U.S. liquefied natural gas firm New Fortress Energy said on Friday it had completed its restructuring plan, bringing its debt down to $700 million from $5.7 billion.
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (together with its direct and indirect subsidiaries, “NFE” or the “Company”) is pleased to announce that it has successfully completed its restructuring and recapitalization transaction in relation to the consensual UK Restructuring Plan (the "UK RP") between its subsidiaries and certain of their creditors (the “Plan Creditors”)....
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) today announced an update on the previously announced reverse stock split of the Company's Class A common stock, par value $0.01 per share, at a ratio of 1-for-50 (the “Reverse Stock Split”). The Company expects trading of its Class A common stock to be halted prior to 8:00 p.m. Eastern Time on September 10, 2026....
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) today announced that its Board of Directors has approved a reverse stock split of the Company's Class A common stock, par value $0.01 per share, at a ratio of 1-for-50 (the "Reverse Stock Split"). The Reverse Stock Split is intended to help the Company regain compliance with the minimum bid price requirement for c...
New Fortress Energy said on Thursday a UK court approved a restructuring plan for two of its subsidiaries, advancing the U.S. LNG company's efforts to reorganize debt obligations.
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) refers to its previous announcements in relation to the consensual UK Restructuring Plan (the "UK RP") between its subsidiaries, NFE Global Holdings Limited (“NFE Global”) and NFE Brazil Newco Limited (“NFE Brazil”, together with NFE Global, the “Plan Companies”), and certain of their creditors (the "Plan...
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