Oil, gas will likely see bounce as COVID-19 impacts lessen
The unprecedented shock to the demand side of the oil and gas equation caused by COVID-19, and the resulting buildup in inventories, will take...
Another Magnolia LNG parent company deal falls through
The sale of the Magnolia LNG project in Lake Charles to a Lafayette company has fallen through.
LNG Limited last week terminated the proposed sale...
Dismukes: Oil price recovery has begun, but crude could remain below $50/barrel until 2028
Oil prices have inched back up in recent weeks, after plummeting to historic lows one month ago, suggesting a recovery in world oil prices...
Bloomberg: Customers scrap July shipments from Cameron LNG, other facilities
Cameron LNG customers are making "modifications to their production and cargo loading plans" at Cameron LNG as growing stockpiles of liquified natural face are...
Venture Global raises second LNG storage tank roof at Calcasieu Pass
Venture Global has announced it has completed the raising of the second liquefied natural gas (LNG) storage tank roof at its Calcasieu Pass LNG...
Sasol wants minority stakeholder for Lake Charles complex by June
Sasol Ltd. is on the hunt for a buyer to secure a large stake in its $13 billion chemical complex in Lake Charles, with...
Pointe LNG hunting investment capital for Plaquemines Parish terminal
Developers of a proposed LNG export terminal in Plaquemines Parish have hired an investment bank to raise up to $4 billion in capital to...
Final Cameron LNG liquefaction train begins production
Cameron LNG has begun producing liquefied natural gas from the third and final liquefaction train of its Phase 1 liquefaction-export project in Hackberry, Sempra...
Lafayette buyer steps forward for Magnolia LNG
Liquefied Natural Gas Limited has found a buyer for its undeveloped Magnolia LNG project.
The proposed export terminal's new ownership is Global Energy Megatrend Limited,...
Gulf Island Fabrication under fire over PPP loan
Congressional Democrats want a publicly traded offshore oil service company to return a $10 million federal small business loan that helped boost profits and...