Projects Expected to Support More Than 3,450 Residential Units Supply Agreement with Abu Dhabi-based Hospitality Group Represents Additional Potential Revenue Opportunity of $817,000 to $1.09 Million Dublin, Ireland, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a diversified energy platform, today announced that its indirect subsidiary, Al Shola Al Modea Gas Distribution L.L.C. (“Al Shola Gas”), an industrial liquefied petroleum gas (“LPG”) engineering and distribution company with operations in the United Arab Emirates (“UAE”), signed subcontracts for 10 LPG engineering projects during June and July 2026 with an anticipated aggregate project value of approximately AED 5.14 million ($1.4 million) and the potential for annual revenue from utility operations at several of these projects.
California State Teachers Retirement System raised its stake in Dorian LPG Ltd. (NYSE: LPG) by 36.2% in the undefined quarter, according to its most recent disclosure with the SEC. The fund owned 51,933 shares of the shipping company's stock after purchasing an additional 13,800 shares during the quarter. California State Teachers Retirement System
India's state fuel retailers' revenue loss on the sale of liquefied petroleum gas (LPG), mainly used as cooking fuel, has narrowed to 188 rupees ($1.97) per 14.2-kilogram cylinder in August, junior oil minister Suresh Gopi said on Monday.
Dorian LPG NYSE: LPG reported record quarterly chartering performance for its fiscal first quarter of 2027, as disruptions to Middle East LPG supply and congestion at the Panama Canal supported elevated freight rates and longer shipping routes.
Dorian LPG Ltd. (LPG) Q1 2027 Earnings Call Transcript
STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers (“VLGCs”), today reported its financial results for the three months ended June 30, 2026. Key Recent Developments Declared an irregular cash dividend totaling approximately $42.8 million, or $1.00 per share, to be paid on or about August 12, 2026 to all shareholders of record as of July 27, 2026. Prepaid $23.9 million.
STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern and ECO very large gas carriers (“VLGCs”), will issue a news release on Wednesday, August 5, 2026 prior to the market open, announcing its financial results for the first quarter ended June 30, 2026. The Company also announced that it completed the sale of its 2015-built VLGC Constellation on July 27, 2026, generating cash proceeds of approximately $87.3 million.
India's top refiner, Indian Oil Corp (IOC) , is looking to acquire a 50% stake in very large gas carriers (VLGCs), according to a tender document, as it prepares to increase imports of liquefied petroleum gas (LPG) from the United States.
Dorian LPG offers clean exposure to the LPG shipping cycle, with a modern fleet and strong spot market leverage. LPG is capitalizing on elevated freight rates, strategic vessel sales at large premiums to book, and robust cash returns, including a $1 special dividend. Shares now trade near adjusted NAV, limiting asset-value protection; current valuation reflects unusually favorable market disruptions.
As we cross the halfway mark of 2026, the energy space has already experienced a dramatic shift in the macro landscape. Supply disruptions in the Middle East turned a looming oil supply glut into a severe shortage with depleted global inventories, benefiting U.S. energy companies across the value chain.