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Methanex ‘evaluating’ third Geismar methanol plant

After decisions to idle plants in Trinidad and Chile, Methanex is "evaluating all capital and operating spending," including its third methanol plant in Geismar,...

Magnolia LNG project in jeopardy

Bridge financing essential to keeping LNG Limited operating long enough to close an agreement to be taken over by a Singaporean investor fell through,...

Louisiana snags $155.7 million in GOMESA money

Louisiana on Monday snagged $155.7 million in GOMESA revenue-sharing funds for coastal restoration efforts, derived from offshore energy production. Plaquemines Parish gets the largest disbursement...

Tellurian gets an 18-month extension on $75 million in loans

Creditors are giving Houston liquefied natural gas company Tellurian an 18-month life line in the face of tough market conditions that include the ongoing...

$5 billion in pending capital investments could ease the pandemic pain for Louisiana

As the coronavirus continues to hammer global markets, some rather sizable energy projects on the horizon could ease the pain for Louisiana, New Orleans...
Cameron LNG

Cameron LNG’s train 2 starts generating revenue

Cameron LNG's second train of the liquefaction-export infrastructure project in Hackberry, has begun commercial operations under Cameron LNG's tolling agreements, Sempra Energy has announced. Train...

Tellurian cuts workforce by 40%, contemplates Driftwood delay

Tellurian Inc. has cut roughly 40% of its workforce in a restructuring effort designed to cut  costs and focus on the company's planned $29...

Singapore company wants to buy Magnolia LNG developer

A private liquefied natural gas firm from Singapore wants to buy LNG Limited, an Australian company that hopes to build the Magnolia LNG export...

Driftwood deal with India’s Petronet delayed

A final agreement by India's Petronet LNG to buy up to 5 million tons per year year of LNG from the proposed Driftwood production...

Venture Global Plaquemines LNG signs 20-year agreement with French utility company

Électricité de France, S.A. has agreed to purchase 1 million tons per year from the Venture Global Plaquemines LNG export facility for the next...

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