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
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NEW ORLEANS (WVUE) – A driver died from a gunshot wound after a Louisiana State Police car chase in New Orleans Saturday evening (June 20), but troopers say they did not fire the gun.
Troop NOLA confirmed the car chase ended near Franklin Avenue and North Miro Street Saturday. Troopers said they found the driver shot and brought them to the hospital, where that person died.
The driver’s identity has not been released.
A Troop NOLA spokesperson said he could not confirm if anyone else was in the car, if anyone has been arrested, or if troopers found a gun.
A spokesperson said more details will be released as a state police force investigation continues.
Troop NOLA is a special investigation unit tasked with proactive policing, traffic enforcement and crime reduction.
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Copyright 2026 WVUE. All rights reserved.
MONROE, La. (KNOE) – Shelby Bordelon of Iberville Parish was crowned Miss Louisiana 2026 Saturday night in Monroe, earning the title and a $15,000 scholarship. Bordelon, a graduate student at Southeastern Louisiana University, said the role is about more than pageantry, emphasizing the yearlong service mission tied to the crown.
“Part of the mission of this organization is the service behind it,” Bordelon said. “And the service is so important, you are serving your state for a year… having the opportunities to connect with others… to continue making an impact and leaving my mark on others as well.”
Bordelon, who finished first runner-up in last year’s competition, said the moment her name was called as the winner still hasn’t fully sunk in.
“It was every emotion you could think of that was running through my mind at that moment,” she said, adding she focused on preparation and perspective this year. “I really wanted to go into this year with no regrets… just really trusting in that mindset and that plan.”
Bordelon said she hopes to use her platform to raise awareness for her nonprofit, Claire’s Promise, which focuses on combating drunk driving.
You can learn more about the nonprofit here. She will now represent Louisiana at the Miss America Pageant, which begins in late August in West Palm Beach, Florida.
Copyright 2026 KNOE. All rights reserved.
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