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Hoegh LNG misses 1Q profit forecasts

HAMILTON, Bermuda _ Hoegh LNG Partners LP on Thursday reported first-quarter earnings of $2.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.
Source: The Associated Press
Shanghai Comp, Nikkei outperform lackluster Asia

Shanghai and Japan markets eked out marginal gains to touch fresh multi-year highs on Wednesday, while other bourses in the region stumbled following an unimpressive lead from Wall Street.
Source: CNBC.com | By: See Kit Tang
UPDATE 1-Chinese independents get foothold in LNG trade as restrictions lifted

BEIJING/ SINGAPORE, May 22- China's independent buyers of liquefied natural gas are taking their first cargoes of the fuel as Beijing permits third-party use of idle capacity at import terminals and approves the new players' long-term plans to build their own facilities. Privately run city gas distributor ENN Group and onshore LNG investor Guanghui Energy Co...
Source: Reuters | By: Chen Aizhu and Jacob Gronholt-Pedersen
Chinese independents get foothold in LNG trade as restrictions lifted

BEIJING/ SINGAPORE, May 22- China's independent buyers of liquefied natural gas are taking their first cargoes of the fuel as Beijing permits third-party use of idle capacity at import terminals and approves the new players' long-term plans to build their own facilities. Privately run city gas distributor ENN Group and onshore LNG investor Guanghui Energy Co...
Source: Reuters | By: Chen Aizhu and Jacob Gronholt-Pedersen
Uruguay says studies indicate natgas reserves in two zones

MONTEVIDEO, May 21- Energy importer Uruguay may be sitting atop shallow-lying natural gas reserves as well as previously identified oil resources, Uruguayan state oil company ANCAP said on Thursday, citing seismic studies by an Australian firm. Petrel Energy is a 51 percent shareholder of Schuepbach Energy International, whose subsidiary in Uruguay is...
Source: Reuters
Jeb Bush says climate is changing but human role is 'convoluted'

BEDFORD, N.H., May 20- Republican Jeb Bush said on Wednesday that the Earth's climate is changing but that scientific research does not clearly show how much of the change is due to humans and how much is from natural causes. Bush delved into climate politics during a campaign-style house party in New Hampshire at which he took questions from voters on his...
Source: Reuters | By: Steve Holland
Favorite picks of Tepper, other big hedge honchos

With data from the latest SEC filings, CNBC Pro ran a study of more than 40 prominent hedge funds to find where the big money is placing bets.
Source: CNBC.com | By: Giovanny Moreano
China looks to secure 1st U.S. LNG supplies from Cheniere by 2020

That could change soon: "There's a lot of interest from Chinese buyers for long-term LNG volume, especially for 2020 onwards," said Nicolas Zanen, Vice President for Asia at Cheniere Marketing Pte Ltd, a wholly owned subsidiary of Cheniere Energy Inc.. And not necessarily small buyers, big buyers as well, "said Zanen on the sidelines of the Asia Oil and Gas Conference...
Source: Reuters
Plunge in oil prices forces re-evaluation of projects, costs

*ConocoPhillips CEO says more mega-mergers unlikely. Still, there is unlikely to be a wave of mega mergers like Royal Dutch Shell's buyout of BG Group for $70 billion, which Shell itself has said left it cash-strapped and only able to pursue much smaller deals. "There is less need for mega mergers because of unconventional resources which require a small amount of...
Source: Reuters | By: Florence Tan and Jessica Jaganathan
COLUMN-Shell-BG deal may be end point rather than harbinger: Russell

--Clyde Russell is a Reuters columnist. The $70 billion buyout of BG Plc by larger rival Royal Dutch Shell is generally viewed by investors and analysts as the first big deal in a likely series of major mergers and acquisitions in the resource sector. Ryan Lance, the chief executive of ConocoPhillips, was adamant that he didn't expect a "big M&A wave any time soon."
Source: Reuters