Louisiana
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The Cameron LNG project completed its final train this month, but other LNG projects such as Calcasieu Pass LNG, Driftwood LNG, and Lake Charles LNG face difficulties during the economic downturn.
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The Pennsylvania-based producer will leave Louisiana where profiting from tight-gas fields has proven difficult and focus on its legacy assets in the Marcellus Shale.
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With the acquisition of Magnolia LNG, along with its Texas LNG Brownsville project, Glenfarne Group expands its export capacity to 12 mpta.
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Production from Train 3 comes almost a month after reaching its final commissioning stage. Commercial operations will follow testing and authorization from FERC.
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The Louisiana agency overseeing oil and gas drilling has seen a 50% increase in orphaned wells the state must pay to plug because they’ve been abandoned by their operators, according to a new audit by the Louisiana Legislative Auditor’s Office.
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Train 2 has a projected export capacity of 4 mtpa. Train 3 is expected to reach production in Q2 2020.
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ExxonMobil is expanding its Baton Rouge polyolefins plant in a $500 million investment and tapped King Crow Studios, along with 3D Media and Pixel Dash, for the training effort—a sign of an emerging collaboration in Louisiana between tech-driven startups and the industrial sector.
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ConocoPhillips has pulled out of the much-hyped Louisiana Austin Chalk play after the company’s test wells yielded a gusher of water. Meanwhile, an Australian operator flying under the radar continues to pursue the adjacent-but-even-more-challenging Tuscaloosa Marine Shale.
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Louisiana state granted a tax incentive to LNG Ltd. for its Magnolia project in Lake Charles. Although a beneficial development, it’s a drop in the bucket in the company’s progress toward FID.
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A US appeals court overturned a district court’s preliminary injunction that prevented construction on part of Energy Transfer Partners' Bayou Bridge crude oil pipeline in the Atchafalaya Basin of Louisiana.