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...
Cheniere moving forward with plans for sixth train at Sabine Pass
Despite difficult market conditions impacting LNG demand, Cheniere plans to move forward with plans for a sixth train at its Sabine Pass LNG export...
Sasol expects Lake Charles project to lose $50 million to $100 million in earnings
Sasol has cut its core earnings expectations from the Lake Charles Chemicals Project (LCCP) following a drop in oil and chemicals prices and lower...
$5.7B deepwater project south of Louisiana moves forward
While global pandemics and falling oil prices are taking the steam out of upstream capex, one Gulf of Mexico operators is moving forward with...
