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Woodside’s acquisition of Tellurian highlights the appeal of exporting American natural gas. Australia’s Woodside Energy Group Ltd. made a bold leap into US liquefied natural gas with its agreement to acquire Tellurian Inc. for $900 million in cash. Tellurian owns Driftwood, a proposed multibillion-dollar LNG export terminal in Louisiana. The takeover could make Woodside the second foreign …
(Reuters) U.S. liquefied natural gas (LNG) company Freeport LNG’s export plant in Texas was on track to return to service on Thursday after shutting on Wednesday, according to data from financial firm LSEG and a company filing with Texas environmental regulators. Freeport is one of the most-watched U.S. LNG export plants in the world because …
Freeport LNG in Texas Seen Back on Thursday After Shutting on Wednesday Read More »
Meme-stock investors lose millions on energy company takeover Tellurian is a cautionary tale for amateur traders hoping to outsmart Wall Street Bloomberg News For Bjorn Bos and other retail investors who piled into energy company Tellurian Inc. in the past few years, it wasn’t meant to end this way. Several meme stocks, including GameStop and …
Meme-Stock Investors Lose Millions on Energy Company Takeover Read More »
This agreement follows two Heads of Agreement signed by Texas LNG and EQT earlier this year. Tolling agreements are fee-for-service deals in which the gas provider pays the company to convert gas to LNG, which it then sells to its customers. “Glenfarne’s partnership with EQT will bring low-emission natural gas to transitioning and emerging markets, …
Texas LNG Executes 20-Year Binding Tolling Agreement With EQT Read More »
The top two lawmakers on the Senate energy committee on Monday introduced long-awaited legislation to speed permitting of power transmission, mining and liquefied natural gas export projects. Senators Joe Manchin, an independent who caucuses with Democrats, and John Barrasso, a Republican, said their bill would strengthen the power grid and help keep power prices low. …
U.S. Senators Introduce Bill to Speed Approvals of Energy Projects Read More »
As California attorney general, Harris had sued oil companies She’s been more critical of fracking, offshore oil than Biden As California attorney general, Kamala Harris brought lawsuits against fossil fuel companies, prosecuted a pipeline company over an oil leak and investigated Exxon Mobil Corp. for misleading the public about climate change. Now, with the vice president suddenly …
Harris Seen as Tougher Oil Industry Opponent Than Biden Read More »
All-cash transaction provides substantial and certain value to Tellurian shareholders Offer reflects new leadership’s progress executing the company’s refreshed strategy HOUSTON–(BUSINESS WIRE)–Tellurian Inc. (“Tellurian”) (NYSE American: TELL) today announced that it has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd (“Woodside”) (ASX: WDS) pursuant to which Woodside will acquire all the …
Tellurian to be Acquired by Woodside for Approximately $900 Million Read More »
The number of liquefied natural gas (LNG) tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest exporter of the supercooled gas halted processing ahead of Hurricane Beryl’s landfall last week, according to shipping data on Thursday. Beryl made landfall on July 8 near Matagorda, on the Texas coast, …
Texas Tanker Bottleneck Grows on Slow Freeport LNG Restart after Beryl Read More »
The amount of natural gas flowing to U.S. liquefied natural gas (LNG) export plants was on track to drop to a 12-week low on Wednesday due to reductions at several plants, including Freeport LNG in Texas, according to data from financial firm LSEG. For years, LNG feedgas has been the fastest growing source of new …
U.S. LNG Natgas Feedgas on Track to Fall to 12-Week Low, LSEG Figures Show Read More »
Summary Court did not overturn FERC’s 2022 approval Environmental groups argue FERC ignored climate risks Commonwealth expects final investment decision by first-half 2025 (Reuters) – A U.S. court on Tuesday ordered federal regulators to reassess the impact of greenhouse gas emissions from Commonwealth LNG’s Louisiana liquefied natural gas project, potentially slowing full approvals for the …
U.S. Court Orders Federal Regulators to Assess Emissions of Louisiana LNG Project Read More »
