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Highlights

Diluent Demand Keeps Ovintiv's Focus On Montney Condensate

With the TMX now operational, demand for condensate for diluent will continue increasing, positioning Ovintiv Inc.’s Montney operations to generate strong free cash flow for the foreseeable future, president and chief executive officer Brendan McCracken said at the company’s first quarter 2024 earnings call.

Lower LNG Prices Driving Increased Asian Demand, Cheniere Energy Reports

Lower LNG prices are resulting in price sensitive Asian buyers scooping up more supply on the spot market, Cheniere Energy Inc. executive vice-president and chief commercial officer Anatol Feygin said at the company’s first quarter 2024 earnings call.

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