Post Tagged with: "Louisiana"

Source: Cameron LNG

Cameron LNG Commences Commercial Operations

By Tyler Losier, Energy Reporter, Oil & Gas 360

Train 1 of Sempra's Cameron LNG project commences commercial operations
Sempra LNG, a subsidiary of San Diego-based Sempra Energy (stock ticker: SRE), has begun commercial operations under tolling agreements at Train

UPDATE: Venture Global Announces Final Investment Decision for Calcasieu Pass LNG

UPDATE: Venture Global Announces Final Investment Decision for Calcasieu Pass LNG

UPDATE: Venture Global Announces Final Investment Decision and Financial Close for Calcasieu Pass LNG...

Source: Venture Global LNG

Venture Global Closes on Project Financing for Calcasieu Pass LNG

By Tyler Losier, Energy Reporter, Oil & Gas 360

Proceeds from Venture Global’s debt and equity financing will fully fund the construction and commissioning of its Calcasieu Pass LNG facility
Venture Global LNG Inc., headquartered in Arlington, Virginia, has closed

Source: Cameron LNG Media Kit

LNG Takes up 7 Percent U.S. Gas Production in July

From The Houston Chronicle


U.S. LNG exports have expanded to the point they made up 7 percent of total U.S. natural gas production in July, the Energy Information Administration reported Monday.

Last month gas deliveries to LNG export facilities reached …

August 19, 2019 - 6:03 am Closing Bell Story‎, Energy News, LNG, Natural Gas News, Trade
Source: Citgo

Citgo to Appoint New CEO to Navigate Political, Legal Turmoil – Sources

From Reuters


Citgo Petroleum Corp has selected Carlos Jorda as its next chief executive, according to three people familiar with the matter, turning to a seasoned refinery expert and native Venezuelan to run a company facing legal attacks and working …

Source: QEP Resources

Anvil Capital Partners Provides Funding for Two Companies

By Tyler Losier, Energy Reporter, Oil & Gas 360

Vermilion Cliffs Partners gets $11 million senior secured loan facility
On Monday, Anvil Capital Partners, a private credit special situations lending firm, announced the final close of an $11 million senior

Black Bear Midstream Enters into Gas Gathering and Processing Agreement

Black Bear Midstream Enters into Gas Gathering and Processing Agreement

By Tyler Losier, Energy Reporter, Oil & Gas 360

Black Bear Midstream enters into seven-year agreement with undisclosed Cotton Valley producer
Black Bear Midstream, a portfolio company of Oaktree Capital Management (stock ticker: OAK), has entered into a seven-year gas

Source: Amplify Energy

Shareholders of Amplify Energy and Midstates Petroleum Greenlight Merger

By Tyler Losier, Energy Reporter, Oil & Gas 360

Amplify Energy and Midstates Petroleum to merge after receiving shareholder approval
Amplify Energy Corporation (stock ticker: AMPY), a Houston-based independent E&P, has received the necessary shareholder approval for its previously announced

Source: Evolution Petroleum

Evolution Petroleum Names CEO

By Tyler Losier, Energy Reporter, Oil & Gas 360

LongBow, Halcon founder Jason Brown to replace Evolution’s interim CEO Robert Herlin
Jason Brown, founder of Longbow Energy, has been appointed as president and chief executive officer of Evolution Petroleum Corporation

Source: Royal Dutch Shell

Total Invests $500 Million in Tellurian, Enters Into LNG SPA

By Tyler Losier, Energy Reporter, Oil & Gas 360

Total commits to purchasing an aggregate of 2.5 Mtpa
Total S.A. (stock ticker: TOT), through its subsidiaries Total Delaware and Total Gas & Power North America, has entered into a definitive

Source: NOAA

Intensifying Storm Cut Half U.S. Gulf Coast Oil Output, Closes Coastal Refinery

From Reuters


An intensifying tropical storm in the U.S. Gulf of Mexico on Thursday cut more than half the region’s oil output, with energy companies evacuating staff from nearly 200 offshore facilities and a coastal refinery.

Oil firms shut more …

Source: NOAA

Strengthening Storm Set to Hit Louisiana With a Foot of Rain

From Bloomberg


System could become a hurricane Friday and slam coast Saturday, one-third of Gulf oil output shut as firms evacuate workers

A gathering storm in the Gulf of Mexico that’s already flooding New Orleans could grow into a hurricane …

Oil & Gas 360 - France’s Total and Sempra Energy Sign North America LNG Deal

Sempra’s New VP Talks LNG – an Oil & Gas 360 Exclusive

By Tyler Losier, Energy Reporter, Oil & Gas 360

Sempra names Brian L. Kelly VP of federal government affairs
Sempra Energy (stock ticker: SRE), an energy infrastructure company with an increasingly prevalent foothold in the LNG business, has appointed Brian

Source: Venture Global LNG

Venture Global LNG Raises $675 Million

By Tyler Losier, Energy Reporter, Oil & Gas 360

Funds to be used for the company’s Plaquemines LNG export project
Venture Global LNG, Inc., headquartered in Arlington, Virginia, has raised $675 million of additional capital from a variety of institutional

Commonwealth LNG Lays Groundwork for 1.5 Mtpa Deal

Commonwealth LNG Lays Groundwork for 1.5 Mtpa Deal

Signs HOA anticipating the negotiation of a 15-year SPA
Commonwealth LNG, a subsidiary of Commonwealth Projects, LLC, has signed a heads of agreement (HOA) with commodities trading house Gunvor Singapore Pte Ltd., a subsidiary of Gunvor Group Ltd.

The HOA

A Look at U.S.A.’s Energy States: Which Are the Best and Worst for Business?

A Look at U.S.A.’s Energy States: Which Are the Best and Worst for Business?

CEOs rank Texas at the top, California at the bottom

Chief Executive magazine has published its newest list of the best and worst states for business. Texas ranked Number One—again. California is Number 50—again.

In the executive summary of

May 16, 2019 - 1:09 pm Closing Bell Story‎, Economy, Jobs
U.S. Authorizes Expanded Export Capacity to Magnolia LNG

U.S. Authorizes Expanded Export Capacity to Magnolia LNG

The DOE granted Australia’s Liquefied Natural Gas Limited (ASX:LNG) (OTCMKTS:LNGLY) authorization for Magnolia LNG LLC to expand its export capacity to 8.8 million tonnes per annum (mtpa) of LNG to countries that have free trade agreements (FTA) with the United …

March 25, 2019 - 4:21 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles, Trade
TechnipFMC JV Completes Scope of Work on Sasol Ethane Cracker Project in Louisiana

TechnipFMC JV Completes Scope of Work on Sasol Ethane Cracker Project in Louisiana

Project is expected to triple Sasol chemical output capacity in U.S.
TechnipFMC (stock ticker: FTI, $FTI) in joint venture with Fluor, has completed its engineering, procurement and construction management (EPCM) services on Sasol’s world-scale petrochemical complex in Westlake, Louisiana.

As

Another Louisiana LNG Export Plant Files Draft Resource Report with FERC

Another Louisiana LNG Export Plant Files Draft Resource Report with FERC

Commonwealth LNG Files Draft Resource Report 13 with FERC

December 27, 2018 - 9:30 am Closing Bell Story‎, LNG, Press Releases
Louisiana Debates Whether Tax Exemption Given to Tellurian’s Driftwood LNG Project Is Worth the Cost

Louisiana Debates Whether Tax Exemption Given to Tellurian’s Driftwood LNG Project Is Worth the Cost

Competing with Texas for big energy projects is costly

From KPLC TV News

LAKE CHARLES, LA (KPLC) – Does Louisiana get enough bang for its buck when it gives big industry property tax exemptions?

For decades, there’s been debate about …

December 21, 2018 - 12:06 pm Closing Bell Story‎, Energy News, LNG
Courtesy of Cheniere

U.S. Gas Notches Another Export Milestone

Cheniere ships First LNG from Corpus Christi plant
Cheniere Energy, Inc. (stock ticker: LNG) exported the first liquefied natural gas commissioning cargo from its Corpus Christi, Texas liquefaction facility this week.

The export is the first from a greenfield liquefaction

December 12, 2018 - 5:19 pm Closing Bell Story‎, Industry Insights, LNG
Cheniere's Corpus Christie Plant

Cheniere Produces LNG from Newest Corpus Christi and Sabine Pass Trains

Yesterday Cheniere Energy, Inc. (stock ticker: LNG), in partnership with privately-held Bechtel, produced the first LNG from the Corpus Christi Liquefaction project (CCL Project) in Texas.

According to a 3Q 2018 presentation by Cheniere, the CCL Project is the first

November 16, 2018 - 3:25 pm Closing Bell Story‎, LNG
Another Louisiana LNG Plant Gets FERC Approval to Build

Another Louisiana LNG Plant Gets FERC Approval to Build

Firm secured 20 year contract to supply gas to Poland starting in 2022

From Reuters

Venture Global LNG Inc’s Calcasieu Pass liquefied natural gas (LNG) export terminal in Louisiana took a big step toward receiving federal approval for construction on …

October 24, 2018 - 3:29 pm Closing Bell Story‎, LNG
Venture Global LNG Aggregate Funding Reaches $630 Million

Venture Global LNG Aggregate Funding Reaches $630 Million

Venture Global LNG Announces Additional Private Placement Funding of $160 Million: Aggregate Funding Total Reaches $630 Million

August 16, 2018 - 8:00 am Closing Bell Story‎, Finance, LNG, Press Releases
Shale Support Buys Two Louisiana Sand Mines

Shale Support Buys Two Louisiana Sand Mines

Shale Support, a leading provider of frac-sand and logistical solutions to the oil and gas proppant market, today announced it has closed on a deal purchasing two natural mines in Kinder and Central Louisiana. This expansion adds 2.0 million tons …

June 20, 2018 - 12:45 pm Closing Bell Story‎, Energy News
Gray Oak Pipeline Links Permian’s Oil to Corpus Christi’s Refining and Exports

Gray Oak Pipeline Links Permian’s Oil to Corpus Christi’s Refining and Exports

Expanded pipeline could grow to one million barrels per day of oil takeaway

Andeavor (ticker: ANDV), formerly known as Tesoro, will be partnering up with Phillips 66 Partners (ticker: PSXCP) and Buckeye Partners, L.P. (ticker: BPL) in two projects that …

Louisiana Lawmakers want Major Penalties for Pipeline Damage

Louisiana Lawmakers want Major Penalties for Pipeline Damage

Bill would reclassify pipelines as critical infrastructure

From Associated Press / Sacramento Bee

BATON ROUGE, LA. – A fight over a crude oil pipeline in southern Louisiana has spilled into the Legislature.

A proposal to stiffen penalties for damaging or …

April 25, 2018 - 5:20 pm Closing Bell Story‎, Law, Midstream
Tellurian Keeps Sailing

Tellurian Keeps Sailing

Tellurian Inc. (ticker: TELL) wrapped up its first year as a public company, ending 2017 with $128.3 million of cash and cash equivalents. The company remains debt free, but reported a net loss of $231.5 million, or $(1.23) per share …

A Supertanker is Loading Export Crude Oil in Louisiana; Could Change U.S. Oil Export Game

A Supertanker is Loading Export Crude Oil in Louisiana; Could Change U.S. Oil Export Game

From CNBC

Shell Oil is reportedly loading a supertanker in Louisiana, the first of its kind to leave that port with U.S. crude exports. The shipment via the Saudi Arabian-owned supertanker, capable of carrying 2 million barrels, signals the next …

EnerCom Dallas 2018 Presenter: Goodrich Petroleum Corporation

EnerCom Dallas 2018 Presenter: Goodrich Petroleum Corporation

Goodrich Petroleum Corporation (ticker: GDP) is an independent E&P headquartered in Houston, Texas with operations in Texas, Louisiana and Mississippi.

The company’s preliminary capital expenditure budget for 2018 stands at $65 to $75 million and will be directed towards the …