Tellurian, Petronet deal expires, leaving questions about Driftwood LNG
A 2019 memorandum of understanding between Tellurian Inc. and India's Petronet LNG has expired, leaving questions about the status of the Driftwood LNG planned...
Turner Industries closing its Corpus Christi steel pipe fabrication plant
Baton Rouge's Turner Industries Group is closing its steel pipe fabrication plant in Corpus Christi.
The company told the Texas Workforce Commission in April that...
The lull continues in Baton Rouge industrial construction
Billions of dollars’ worth of projects might have been in the pipeline for 2020, but the global oil price crash—coupled with economic uncertainties triggered...
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...
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...
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,...
Driftwood LNG parent company reports 1Q net loss of $40.7M
Driftwood LNG parent company Tellurian Inc. reported a first quarter 2020 net loss of $40.7 million or 18 cents per share, Kallanish Energy reports.
That...
New signs point to bankruptcy or liquidation for Magnolia LNG developer
Australia's LNG Limited has appointed voluntary administrators from PricewaterhouseCoopers—a sign that the Magnolia LNG developer may be preparing to enter bankruptcy or liquidation, S&P...
