Louisiana
Woodside Courts Aramco for Louisiana LNG Stake | OilPrice.com
Australia’s Woodside Energy and Saudi Aramco have signed an agreement to explore cooperation opportunities that may include the Saudi company buying a stake in the Louisiana LNG project.
The agreement is non-binding, Woodside said, adding that it could involve “Aramco’s potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project.”
Woodside’s CEO, Meg O’Neill, said the deal was “another demonstration of the ongoing interest Louisiana LNG is generating among high-quality potential investors, following our recent agreement with Stonepeak to acquire a 40% interest in the project’s infrastructure holding company.”
The Australian energy major announced the final investment decision on the $17.5-billion facility in late April, with first production scheduled for 2029. The facility is designed to have three liquefaction trains with a total capacity of 16.5 million tons annually.
This would boost Woodside’s total LNG capacity to 24 million tons annually by next decade, the company said earlier. Woodside also has permits to expand the Louisiana LNG facility by another two trains, which would boost its capacity to a total 27.6 million tons annually.
Woodside bought the former Driftwood LNG project as part of its acquisition of Tellurian for $1.2 billion last year. The deal “adds a scalable US LNG development opportunity to our existing approximately 10 Mtpa of equity LNG in Australia,” Woodside chief executive Meg O’Neill said at the time. Then, this year, reports emerged that Woodside was looking for partners in the projects, seeking to sell up to 50% of the ownership.
The Australian company has already sold a 40% stake in Louisiana LNG to infrastructure investors Stonepeak, with the latter committing to cover $5.7 billion of the total capex for the project, equal to 75% of the 2025 and 2026 capex. Woodside wants to sell another 20-30% in the project. Woodside eyes net operating cash income of some $2 billion annually from Louisiana LNG, beginning the 2030s.
By Irina Slav for Oilprice.com
More Top Reads From Oilprice.com
Yasin Gungor
19 April 2026•Update: 19 April 2026
At least eight children were killed and two others were wounded in a shooting in the US state of Louisiana, local police said Sunday.
Shreveport Police Department spokesperson Christopher Bordelon said officers responded to the shooting just after 6 am (1100GMT), following a domestic disturbance call.
The age of the deceased ranged from one to 14 years, he said, adding that the incident involved at least 10 individuals across four separate locations.
The suspect attempted to flee by carjacking a vehicle and driving to neighboring Bossier City, where police located and shot him dead.
Bordelon said Shreveport police officers pursued the suspect’s vehicle into Bossier, where three officers discharged their firearms, killing him. He said investigators believe the suspect was the only person who opened fire at the locations.
Shreveport Mayor Tom Arceneaux described the attack as “maybe the worst tragic situation we’ve ever had,” adding: “It’s a terrible morning.”
No immediate information was available about the condition of the injured.
Louisiana
‘Growth pays for growth’: Entergy’s Fair Share Plus model to save Louisiana customers $2.8 billion
Think tank proposes capping Social Security benefits at $100,000
A Washington think tank proposed capping annual Social Security benefits at $100,000 for couples as a way to shrink a looming deficit in the retirement trust fund.
When it comes to retiring, the best places to do so often are affordable, have a high quality of life and access to quality healthcare.
If you’re looking for a place to retire, Niche has identified the best places for retirees in Louisiana.
In its list, Niche has taken into account factors like weather, crime rates, housing costs and access to amenities.
The 5 best places to retire in Louisiana according to Niche
These are the top five best places to retire in Louisiana, according to Niche.
1. Oak Hills Place
Oak Hills Place is a suburb of Baton Rouge and is the overall best place to retire in Louisiana. This suburb, located in East Baton Rouge Parish, has a population of 9,038 and offers residents an urban suburban mix feel. The area is highly rated for families, diversity, as well as health and fitness. Here, the median home value is $437,900 and the median rent is $1,422, according to Niche.
2. Westminster
Westminster is another suburb of Baton Rouge and is the second-best place to retire in Louisiana. Located in East Baton Rouge Parish, this suburb has a population of 2,559 and offers residents an urban suburban mix feel. This area is highly rated for nightlife, diversity, families, health and fitness, as well as commute. The median home value here is $266,100 and the median rent is $1,482, says Niche.
3. River Ridge
River Ridge is a suburb of New Orleans, located in Jefferson Parish, and is the third-best place to retire in Louisiana. This suburb has a population of 13,312 and offers residents a dense suburban feel. The area is highly rated for public schools, family, nightlife and diversity. The median home value is $357,400 and the median rent is $1,127, according to Niche.
4. Westlake
Westlake is a town in Calcasieu Parish that is among the best places to retire in Louisiana. With a population of 4,743, this town offers residents a rural feel. The town is highly rated for public schools, housing, families, jobs, cost of living, nightlife and weather. Here, the median home value is $166,100 and the median rent is $1,049, says Niche.
5. Prien
Prien is another town in Calcasieu Parish that is among the best places to retire in Louisiana. This town has a population of 7,119 and offers residents a suburban rural mix feel. The town is highly rated for public schools, housing, families, nightlife and weather. The median home value here is $278,000 and the median rent is $1,292, according to Niche.
Presley Bo Tyler is the Louisiana Deep South Connect Team reporter for USA Today Network. Find her on X @PresleyTyler02 and email at PTyler@Gannett.com
-
Movie Reviews12 minutes agoFILM REVIEW: ROSE OF NEVADA – Joyzine
-
World24 minutes ago
Oil prices rise anew after a US-Iran standoff in the Strait of Hormuz strands tankers
-
News30 minutes agoVideo: 8 Children Killed in Louisiana Shooting, Police Say
-
Culture1 hour agoPoetry Challenge: Memorize “The More Loving One” by W.H. Auden
-
Lifestyle1 hour agoPhotos: How overfishing in Southeast Asia is an ecological and human crisis
-
Technology1 hour agoBlue Origin successfully reused its New Glenn rocket
-
World1 hour agoDistress call captures tanker under fire, Iran shuts Hormuz trapping thousands of sailors
-
Politics2 hours agoTrump ally diGenova tapped to lead DOJ probe into Brennan over Russia probe origins
