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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...

Louisiana Energy Conference plans virtual event this week

A virtual version of the 2020 Louisiana Energy Conference takes place this week, with sessions addressing key domestic and international oil and natural gas...

Oil producers express ‘lack of satisfaction’ with federal royalty relief efforts

The Washington Post reports that offshore oil producers in Louisiana and other states—and their allies in Congress—are asking the Trump administration to ease up...

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,...

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