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The decision came after New Fortress reportedly refused to consider amendments to the contract and failed to meet a crucial ...
Puerto Rico is ending attempts to negotiate a multi-billion dollar liquefied natural gas contract with New Fortress Energy Inc. after the company refused to accept the terms of an amended deal, one of ...
Puerto Rico is ending talks to negotiate a $20 billion liquefied natural gas contract with New Fortress Energy , Bloomberg News reported on Wednesday, citing a negotiator.
Puerto Rico has canceled a proposed $20-billion LNG supply deal with New Fortress Energy, raising questions about its energy ...
Puerto Rico faces an elevated risk of blackouts after New Fortress Energy abruptly halted a critical LNG shipment, idling ...
The country's Financial Oversight and Management Board has expressed “profound concerns” over a proposed 15-year contract.
New Fortress Energy's controversial LNG import facility is seen through trees in the nearby neighborhood of Cataño, Puerto Rico. Alexander Kaufman/HuffPost CATAÑO, Puerto Rico — Just before ...
Josue Colón, Puerto Rico’s energy czar, said the Financial Oversight and Management Board’s worry that the 15-year contract would give New Fortress Energy a near-monopoly ignores the fact ...
Puerto Rico has temporarily shut down 10 of the 14 power plants it used to meet peak demand at the height of summer after New Fortress Energy withheld its latest shipment of liquified natural gas (LNG ...
However, Puerto Rico already imports LNG, and has done so for many years — but not from the mainland. In fact, between 2005 and 2015, the island received less than 1% of its LNG imports from the ...
New Fortress Energy (NASDAQ:NFE) -7.8% in Wednesday's trading after Bloomberg reported that Puerto Rico has ended attempts to ...
Puerto Rico’s sprawling capital, where the vast majority of the territory’s 3.3 million people live, is no stranger to the threat that loosely regulated fossil fuel facilities pose.