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Exxon Mobil Is Working on Boosting U.S. LNG Export Capacity

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Image Shown: Exxon Mobil Corporation is a big player in the global LNG industry. Image Source: Exxon Mobil Corporation – March 2022 Investor Day Presentation By Callum Turcan Europe’s dependence on Russian natural gas supplies has taken centerstage in the wake of the Russian invasion of Ukraine. Members of the European Union (‘EU’) receive roughly 40% of their natural gas needs from Russia. In March 2022, the US and the EU announced an agreement covering energy security that among other things encouraged greater liquified natural gas (‘LNG’) exports from the US to the EU. Such an accord would require Europe to boost its LNG regassification capacity. Recent LNG News In February 2022, Germany announced plans to build two LNG import … Read more

Dividend Increases/Decreases for the Week of April 26

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Below we provide a list of firms that raised their dividends during the week ending April 26. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week                          ABN AMRO Bank N.V. (AAVMY): now $0.7645 per share semi-annual dividend, was $0.5310. ACNB (ACNB): now $0.32 per share quarterly dividend, was $0.30. Akzo Nobel N.V. (AKZOY): now $0.4497 per share semi-annual dividend, was $0.1125. Alfa Laval Corporate AB (ALFVY): now $0.7097 per share semi-annual dividend, was $0.5735. Alphabet (GOOG): now $0.20 per share quarterly dividend. Amalgamated Bank (AMAL): now $0.15 per share quarterly … Read more