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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A state lawmaker whose district includes Iberville and nine other parishes will lead the way on the drawing of a new congressional map when the committee convenes Friday.
Sen. Caleb Kleinpeter, R-Port Allen, will chair the hearings to draw a new congressional district map. He currently serves as chairman of the U.S. Senate and Governmental Affairs Committee.
On Wednesday, Kleinpeter said he has not worked on any maps. He is letting the committee members and the members of the Senate work on this with staff.
The move will come nine days after the U.S. Supreme Court on a 6-3 vote ruled one of Louisiana’s two majority-Black U.S. House districts unconstitutional.
“We can’t base it on race anymore, so the minority party is the Democrats,” he said. “The Democrats have migrated away from the New Orléans area, so we’re looking at Democrats versus Republicans, so the minority party — the Democrats — which means it’s more favored toward Baton Rouge.”
The move would work in favor of incumbent 6th District Congressman Cleo Fields, who was a candidate for the race which Gov. Jeff Lndry suspended in the wake of the Supreme Court decision.
The ruling stemmed from Louisiana vs. Callais – a consolidation of Robinson vs. Callais – that centered on racial gerrymandering and redistricting in the state of Louisiana following the 2020 United States census. The lead plaintiff, Phillip “Bert” Callais, is a resident of Brusly.
The Supreme Court vote came despite the African American population comprising nearly one-third of the state’s population.
According to the 2020 Census, the Black or African American population in Louisiana was approximately 1,464,023,representing 31.4%of the state’s total population. Louisiana has one of the highest percentages of Black residents in the United States, ranking second behind Mississippi.
The Baton Rouge district would likely be the area to undergo the remap, he said.
It amounts to an intricate balancing act.
“What far-right Republicans don’t understand is that with Congress maps, you have to be within 776, 280 votes – within 50 votes of the other districts,” Kleinpeter said. “It’s not like our legislative maps where you can be off by thousands … when you start changing a precinct, it can run down a rabbit hole chasing this precinct over here and over there.
“We can easily draw a really strong nine Republican and one strong Democrat, so if you start watering districts down you could wind up with a 4-2 map.”
Republicans currently have a two-vote super majority vote.
“But some Republican districts are strong and others are weak,” Kleinpeter said. “If you take 58 percent Democrats and put them in Republican districts, you could end up losing Republicans.
“Drawing congress maps is very difficult – you have the leader of the party, and you have the Speaker of the House you have to protect,” he said. “You don’t want to jeopardize their maps at hole.”
One other issue is looming for the state, Kleinpeter said.
“What people don’t understand is that we will have to do this all over again in five years, after the next census comes out,” he said. “Hopefully we’ll people by that time.”
The 2030 Census will play a key role in the process, but it still requires participation.
“I had plenty of next-door neighbors who didn’t want to fill out their census” he said. “I’m going to push to fill out their census. We miss out on federal money and potentially risk losing a seat. “
Neuty, the iconic Bucktown nutria visits the state capitol, with Myra Lacoste, Denny Lacoste, Lieutenant Governor Billy Nungesser, Dennis Lacoste Sr., and Louisiana state Senator J. Cameron Henry Jr. Neuty was an orphan, rescued by the Lacostes. In March 2023, LDWF agents attempted to confiscate the illegal pet.
VIDALIA, La. — Louisiana State Police arrested 18-year-old Gregory Steele early Sunday morning on two counts of vehicular homicide, one count of underage operating a motor vehicle while intoxicated, one count vehicular negligent injuring and one count careless operation, according to Concordia Parish Jail records.
Steele, 18, a white male, was arrested in connection with an accident that occurred at approximately 1:54 a.m. on Sunday morning on Minorca Road in Vidalia. Two passengers in the vehicle were killed. Steele and another passenger were able to escape the vehicle.
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