Post Tagged with: "Tellurian"

Source: Houston Chronicle

Tellurian rattled as Indian buyer seeks competing deal

Houston Chronicle


Houston-based Telluraian, along with its $28 billion export project, has been rattled by the attempts of a potential major customer in India to probe the market for competing supplies, highlighting mounting pressure on sellers amid a global glut …

February 27, 2020 - 11:00 am Closing Bell Story‎, Energy News, LNG, Natural Gas News
Source: Houston Chronicle

U.S. LNG developers push forward despite record low prices in Asia

Houston Chronicle


U.S. liquefied natural gas developers are pushing forward with plans to build new export terminals along the Gulf Coast despite a global supply glut and record low prices in Asia.

Over the past year, the U.S. LNG industry …

February 14, 2020 - 3:30 pm Closing Bell Story‎, Energy News, LNG
Source: Houston Chronicle

Judge dismisses Cheniere lawsuit against former CEO Charif Souki and Tellurian

Houston Chronicle


A lawsuit between rival liquefied natural gas companies Cheniere Energy and Tellurian has been dismissed just days before jury selection was set to begin.

State district court Judge Fredericka Phillips in Houston signed an order Thursday dismissing Cheniere’s …

January 31, 2020 - 2:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News, People
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

Two U.S. LNG Projects Take another Step Forward

Two U.S. LNG Projects Take another Step Forward

Tellurian’s Driftwood, Sempra’s Port Arthur projects get DOE greenlight to export U.S. LNG to non-FTA nations
It's no small feat to take an LNG exporting business from conceptual idea for a natural gas liquefaction and export facility to the point

Tellurian Launches Binding Open Seasons for the Haynesville Global Access Pipeline and the Delhi Connector Pipeline

Tellurian Launches Binding Open Seasons for the Haynesville Global Access Pipeline and the Delhi Connector Pipeline

Tellurian Announces Binding Open Seasons for the Haynesville Global Access Pipeline and the Delhi Connector Pipeline

April 29, 2019 - 7:00 am Closing Bell Story‎, Energy News, LNG, Press Releases
Another Day, Another U.S. FERC LNG Authorization

Another Day, Another U.S. FERC LNG Authorization

Neck and neck: On the heels of Tellurian, Sempra gets FERC greenlight for Port Arthur LNG export project
By Bevo Beaven, Editor, Oil & Gas 360

The LNG race is on.

Last week FERC gave a thumbs up to Tellurian’s

Newest FERC Approval Puts Tellurian’s Driftwood LNG on Track for 2019 FID, Construction Start

Newest FERC Approval Puts Tellurian’s Driftwood LNG on Track for 2019 FID, Construction Start

Tellurian’s Driftwood Receives Order Granting Authorization From FERC

April 18, 2019 - 11:02 am Closing Bell Story‎, LNG, Press Releases
Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive.

Tellurian Courts Middle East Investor Capital for its $30-Billion Driftwood LNG Project in Louisiana

From National Business

U.S. energy company expects FID in first half of 2019

US energy firm Tellurian is looking to partner with investors from the Middle East for its planned $30 billion (Dh110.1bn) Driftwood liquefied natural gas project and aims …

April 12, 2019 - 7:42 am Closing Bell Story‎, Energy News, Finance, LNG
Tellurian’s Driftwood LNG Gets Final Environmental Nod

Tellurian’s Driftwood LNG Gets Final Environmental Nod

From Reuters

Tellurian Inc’s proposed Driftwood liquefied natural gas (LNG) project in Louisiana took a major step forward on Friday as the U.S. federal energy regulator issued a final environmental report clearing the way for the company to seek a …

January 21, 2019 - 11:37 am Closing Bell Story‎, Energy News, LNG, Natural Gas News
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
Source: Business Wire

Tellurian’s Driftwood LNG, Vitol Sign MOU for 15-year LNG Supply Deal

Yesterday, natural gas-based Tellurian Inc.’s (stock ticker: TELL) subsidiary company Tellurian Trading UK Ltd. entered into an MOU to supply 1.5 mtpa of liquefied natural gas (LNG) from the proposed Driftwood LNG export terminal. The transaction price is based on

December 7, 2018 - 11:16 am Closing Bell Story‎, LNG
Tellurian on Track to Start Building Louisiana LNG Export Plant In 2019

Tellurian on Track to Start Building Louisiana LNG Export Plant In 2019

From Reuters

U.S. liquefied natural gas company Tellurian Inc said on Wednesday it is on track to make a final investment decision and start building its Driftwood export terminal in Louisiana in the first half of 2019 and begin operations …

November 7, 2018 - 2:44 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive.

Tellurian Not Buying Toshiba’s Freeport LNG Volumes, to Focus on Driftwood

From Reuters

U.S. liquefied natural gas (LNG) company Tellurian Inc (TELL.O) will not be buying Toshiba Corp’s (6502.T) 20-year commitment at Freeport LNG export terminal in Texas, a senior company executive told Reuters on Wednesday.

“We …

October 31, 2018 - 1:20 pm Closing Bell Story‎
Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive.

Tellurian Slashes Partner Buy-in Investment for Driftwood LNG Project

Lowers investment to $500/ton, down from $1,500/ton

Project debt will rise under adjusted proposal

From S&P Global Platts

Houston — Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance …

October 26, 2018 - 11:15 am Closing Bell Story‎, LNG
China Leaves U.S. LNG Off Import Tariff Retaliation Hit List—For Now

China Leaves U.S. LNG Off Import Tariff Retaliation Hit List—For Now

From Financial Times

Chinese LNG demand is soaring — so much so that Beijing spared the product from tariff rises

When China last week set out a list of US exports threatened with retaliatory tariffs, almost all fossil fuels were …

June 21, 2018 - 6:52 pm China, Closing Bell Story‎, Energy News, LNG
Tellurian Announces $118 Million Public Offering of Common Stock

Tellurian Announces $118 Million Public Offering of Common Stock

Tellurian Inc. (Tellurian or the Company) (NASDAQ: TELL) today announced that it has priced a public offering of 12,000,000 shares of its common stock for total gross proceeds to Tellurian (before underwriters’ compensation and estimated expenses) of $118.8 million. The …

June 19, 2018 - 12:09 pm Closing Bell Story‎, Energy News, Finance
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 …

Tellurian Will Add 3 Louisiana Pipelines, Nets $95 Million from Stock Offering

Tellurian Will Add 3 Louisiana Pipelines, Nets $95 Million from Stock Offering

Goal is to debottleneck the existing pipeline infrastructure in Southwest Louisiana: TELL

Tellurian Inc. (ticker: TELL) expects to develop and expand its pipeline network by adding two pipelines to the previously announced Driftwood Pipeline (DWPL).

The two additional pipelines will …

December 19, 2017 - 2:23 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
Source: Oct. 2017 Presentation

Tellurian Prices Public Offering of Common Stock

Tellurian Inc. (ticker: TELL) has priced an underwritten public offering of 10,000,000 shares of its common stock at a price to the public of $10.00 per share, for total gross proceeds (before underwriters’ compensation and estimated expenses) of $100.0 million.…

December 8, 2017 - 5:08 pm Closing Bell Story‎, Finance, Oil and Gas 360 Articles
Tellurian Inc. Closes Deal with Rockcliff Energy Operating

Tellurian Inc. Closes Deal with Rockcliff Energy Operating

Tellurian Inc. (ticker: TELL) has closed a previously announced agreement with Rockcliff Energy Operating LLC to purchase natural gas producing assets and undeveloped acreage in northern Louisiana for $85.1 million.

The assets include about 9,200 acres, 19 producing operated wells …

November 17, 2017 - 4:11 pm Closing Bell Story‎, Oil and Gas 360 Articles
Tellurian Enters $15 Billion Deal with Bechtel

Tellurian Enters $15 Billion Deal with Bechtel

Earlier today Tellurian Inc. (ticker: TELL) and Bechtel Oil, Gas and Chemicals, Inc. announced in a press release that the two companies have entered into four fixed price, lump sum turnkey agreements for a price totaling $15.2 billion.

The cost …

November 13, 2017 - 6:30 pm Closing Bell Story‎, LNG, Midstream, Oil and Gas 360 Articles
Tellurian Offers 10 Million Shares, but Quickly Pulls Offer

Tellurian Offers 10 Million Shares, but Quickly Pulls Offer

On May 17, 2017,  U.S. LNG export startup Tellurian Inc. (ticker: TELL) announced it planned to sell 10,000,000 shares of its common stock in an underwritten public offering with Credit Suisse Securities (USA) LLC as the deal’s sole book-running manager …

Total Buys 23% of Tellurian with $207 Million Investment

Total Buys 23% of Tellurian with $207 Million Investment

Total + Tellurian to develop integrated gas project together

Total (ticker: TOT) is acquiring approximately 23% of Tellurian Investments, an early stage U.S. LNG export project that was founded by former Cheniere Energy (ticker: LNG) CEO Charif Souki and former …

Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive.

Tellurian Receives $25 Million Equity Infusion from GE Oil & Gas

Tellurian and its Driftwood LNG export project move forward

Tellurian Investments Inc. announced that GE Oil & Gas has made a $25 million preferred equity investment in Tellurian Investments with an implied Tellurian common stock value of $5.94 per share.…

November 28, 2016 - 1:58 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles, People
LNG on the Move: Magellan Files S-3 for $500 Million

LNG on the Move: Magellan Files S-3 for $500 Million

Tellurian+Magellan merger is expected to close Q4

On October 11, Magellan Petroleum (ticker: MPET) filed an S-3 Registration Statement with the SEC paving the way to sell up to $500 million in common stock, warrants and units, the proceeds to …

Former Cheniere Exec Becomes President, CEO of Tellurian Investments

Former Cheniere Exec Becomes President, CEO of Tellurian Investments

Meg Gentle will Drive Tellurian’s Driftwood Gulf Coast LNG Project Development  

Former Cheniere exec Meg Gentle will lead Tellurian Investments as the company’s president, CEO and a member of the board. Gentle has also made a $10 million private investment …

September 1, 2016 - 4:34 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles, People
Are All Disruptive CEOs Cut from the Same Cloth?

Are All Disruptive CEOs Cut from the Same Cloth?

“My desk is at the end of the production line.”

As CEOs go, there is not much about Elon Musk that is orthodox.

Example: Tesla Motors’ (ticker: TSLA) Q1 conference call took place this week. Musk held the Tesla call …