Shell reports highest Gulf production in two decades
Shell extended its $3.5 billion quarterly share buyback after reporting stronger-than-expected earnings, lifted by record production and improved trading margins, The Wall Street Journal writes.
Adjusted earnings...
Energy Transfer, MidOcean Energy close to finalizing LNG deal at Lake Charles terminal
Energy Transfer LP is nearing an agreement to sell liquefied natural gas from its planned Lake Charles export terminal to MidOcean Energy, Bloomberg writes.
The closing...
Woodside signs $17.5B Louisiana LNG supply deal with Turkey’s BOTAS
Woodside Energy has secured a long-term deal with Turkey’s state-owned BOTAS to supply about 4.25 million tons of LNG annually, primarily from its massive...
Italy, U.S. to deepen energy ties by boosting LNG exports
Italy and the U.S. pledged Monday to deepen energy ties, boosting liquefied natural gas exports to Italy as Europe seeks alternatives to Russian supplies.
After...
Woodside Energy finds a $5.8B partner for Louisiana LNG
Woodside Energy has found a partner for a multibillion dollar investment in a liquefied natural gas production and export terminal in Calcasieu Parish, The Wall...
How Ukraine is relying partly on Louisiana for its energy future
Ukraine is hedging its energy security, in part, on Louisiana, Louisiana Illuminator writes.
Late last year, as part of a gambit to replace Russia as the gas...
The US gives Chevron one month to halt operations in Venezuela
The U.S. Treasury followed through on President Donald Trump’s pledge to stop Chevron from pumping and selling Venezuelan crude, delivering a major blow to...
Wave of expected new LNG supply fuels glut fears
A new wave of LNG supply is set to hit the markets in the coming years as the two biggest exporters of the super-chilled...
Land for new logistics park acquired for $10.9M
Two Louisiana-based firms—JRE Capital and Ratcliff Development, partnered to purchase nearly 200 acres in Geismar for a new logistics park.
The firms purchased the 186 acres of...
Woodside acquires Tellurian for $900 million, takes over proposed Driftwood LNG
Woodside Energy Group Ltd. has agreed to buy troubled LNG export project developer Tellurian Inc. for about $900 million in a bet on rapid...
