Shell Delivered Record Amount of Marine LNG To Ships In 2024 [Yahoo! Finance]
FORTESCUE METAL GRP S/ADR (FSUGY)
NASDAQ:AMEX Investor Relations:
fmgl.com.au/investors
Company Research
Source: Yahoo! Finance
LNG player sees expanding use of the fuel that has become crucial to the energy transition. Most Read from Bloomberg Global consumption of LNG is expected to surge by about 60% into 2040, according to Shell's LNG outlook. The number of LNG-powered vessels is expected to nearly double in the next five years to more than 2,000 in 2029, Shell said. “LNG helps ship owners to reduce greenhouse gas emissions and comply with environmental regulations in a more cost-effective way today,” Tom Summers, Senior Vice President for Shell LNG Marketing and Trading, told Bloomberg in an email. “This is why demand for LNG-fueled vessels is picking up pace, with an increasing proportion of global operators and owners opting for LNG as their lower-carbon fuel alternative.” While the European Union has introduced rules that target ships' emissions, the global marine fuel market is still dominated by oil. LNG only accounted for about 6% of consumption in 2023, according to figures from the Interna
Show less
Read more
Impact Snapshot
Event Time:
FSUGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FSUGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FSUGY alerts
High impacting FORTESCUE METAL GRP S/ADR news events
Weekly update
A roundup of the hottest topics
FSUGY
News
- Ecora Resources PLC Announces Cañariaco Project Update [Yahoo! Finance]Yahoo! Finance
- Fortescue to Acquire Alta Copper for C$1.40 per Share [Yahoo! Finance]Yahoo! Finance
- Institutional investors are Fortescue Ltd's (ASX:FMG) biggest bettors and were rewarded after last week's AU$2.7b market cap gain [Yahoo! Finance]Yahoo! Finance
- Mining Firm Backs Green Shipping in spite of U.S. Opposition at COP 30 [Forbes]Forbes
- Fortescue Announces Early Tender Results of Cash Tender Offers for Certain of Its Debt SecuritiesGlobeNewswire