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...
Saturation Point: What do low prices mean for ethylene and LNG projects planned for...
Sometimes too much is just too much. While the supply glut in natural gas, ethylene and oil ultimately provides cheaper feedstocks for the petrochemical...
Louisiana contractors push for infrastructure stimulus
Industry leaders and lawmakers in Louisiana are hoping for an unprecedented infusion of federal cash to jumpstart the state's economy by tackling a backlog...
David Dismukes: Irreparable changes are coming to the American oil and gas industry
For 35 years, 1986 has served as the bellwether year against which all U.S. oil and gas industry downturns have been measured.
This is no...
Calcasieu Pass LNG virtual string test is a success
Liquefaction equipment for the Calcasieu Pass LNG export project Venture Global LNG Inc. is developing in Cameron Parish has passed a virtual string test...
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,...
