Albemarle, the world s largest
producer of lithium for electric vehicle batteries, on Wednesday
missed first quarter profit estimates on lower prices. Softening Electric Vehicle demand.
US LNG Developer Tellurian Sends Production Workers Home Amid Sale Talks usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Oil and gas firm Marathon Oil
narrowly beat first-quarter profit estimates on Wednesday,
helped by higher oil and liquefied natural gas pricing. Crude oil prices in the quarter mirrored.
The Houston-based company has been holding talks with potential buyers to sell its Haynesville shale gas business to raise capital for its proposed Driftwood LNG export plant. Tellurian has said it was evaluating several bids for the property, and the people familiar with the matter said the firm expects to make a decision in the coming weeks. In February, Tellurian officials said it is exploring the sale of its Haynesville upstream business to raise capital for its Driftwood LNG project.