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Woodside Energy Sells 40% Stake In Louisiana LNG Project For $5.7 Billion

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Woodside Energy Sells 40% Stake In Louisiana LNG Project For .7 Billion


On Sunday, Woodside Energy Group (NYSE:WDS) inked a binding deal to sell a 40% stake in Louisiana LNG Infrastructure LLC to Stonepeak.

As per the deal, Stonepeak plans to invest $5.7 billion in the development of the three-train, 16.5 mtpa foundation phase of Louisiana LNG.

The investment is expected to cover 75% of capital expenditure in 2025 and 2026, with development starting on January 1, 2025.

This significantly eases Woodside’s capex burden, improves project economics, and strengthens cash flow ahead of revenue from its Scarborough Energy Project in Australia—enhancing capacity for shareholder returns.

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The remaining 60% stake will be retained by Louisiana LNG LLC (HoldCo), operated by Woodside.

Meanwhile, InfraCo, managed by Woodside, holds the EPC agreement with Bechtel and, pending a final investment decision, will own and build the liquefaction infrastructure and shared facilities.

Under this arrangement, HoldCo will manage gas supply and LNG offtake.

Due to the accelerated nature of their capital contributions,

Stonepeak’s total investment of $5.7 billion will be less than their nominal 40% ownership stake in InfraCo after adjusting for the time value of money.

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HoldCo will cover the additional capital required if there are any cost overruns. This arrangement offers Stonepeak cost certainty while allowing HoldCo to capture potential capital expenditure savings.

The projected forward cost for the foundation phase of the Louisiana LNG project, starting from December 2024, is estimated at $900–$960 per tonne.

The transaction is expected to close in the second quarter of 2025, pending customary conditions precedent. Post-completion, Stonepeak is expected to make a payment of approximately $2 billion to cover its share of capital expenditures incurred from the effective date to closing.

James Wyper, Senior Managing Director and Head of US Private Equity at Stonepeak, said, “The Project represents a compelling opportunity to invest in a newbuild LNG export facility nearing FID approval with an attractive risk-return profile and best-in-class partners in both Bechtel and Woodside to construct and operate the asset.”

Price Action: WDS shares are down 0.82% at $11.54 at the last check Monday.

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State Treasurer John Fleming accuses Jeff Landry of interfering in Louisiana Senate race

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State Treasurer John Fleming accuses Jeff Landry of interfering in Louisiana Senate race


BATON ROUGE (KNOE) – Louisiana State Treasurer John Fleming is accusing Governor Jeff Landry of interfering with the state Senate race, which Fleming is a part of.

Fleming took to social media to accuse Landry of working “behind the scenes” to get Congresswoman Julia Letlow elected to the Senate.

According to Fleming, Dr. Ralph Abraham offered him the position of Deputy Director of the CDC shortly before announcing he was stepping down. Fleming said he politely declined.

A week later, news broke that Abraham is now leading Letlow’s Senate campaign.

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“We know that Jeff has been heavily lobbying the Trump campaign team for the endorsement, he is pressuring the Republican Party of Louisiana and the Republican Executive Committees to support and endorse Letlow as well,” Fleming wrote on Facebook. “And, he is personally calling his donors to raise big money to save the Letlow campaign.

Landry formally endorsed Letlow for the U.S. Senate on March 4. Letlow also has the endorsement of President Donald Trump.

“We need a warrior who stands with the President to Make America Great. And there’s no greater warrior than a Louisiana mom,” Landry wrote on Facebook.

Fleming continued his commentary, asking when Landry will stop interfering with the state’s Senate race.

“Who is best to decide who represents you in Washington? Jeff Landry, or YOU?” Fleming asked.

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Also in the heated race is incumbent Bill Cassidy, M.D.

Party primary elections in Louisiana are set for May 16, 2026.



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Louisiana Lottery Mega Millions, Pick 3 results for March 3, 2026

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The Louisiana Lottery offers several draw games for those aiming to win big.

Here’s a look at March 3, 2026, results for each game:

Winning Mega Millions numbers from March 3 drawing

07-21-53-54-62, Mega Ball: 16

Check Mega Millions payouts and previous drawings here.

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Winning Pick 3 numbers from March 3 drawing

6-8-3

Check Pick 3 payouts and previous drawings here.

Winning Pick 4 numbers from March 3 drawing

3-6-7-4

Check Pick 4 payouts and previous drawings here.

Winning Pick 5 numbers from March 3 drawing

0-8-3-2-0

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Check Pick 5 payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your lottery prize

All Louisiana Lottery retailers will redeem prizes up to $600. For prizes over $600, winners can submit winning tickets through the mail or in person at Louisiana Lottery offices. Prizes of over $5,000 must be claimed at Lottery office.

By mail, follow these instructions:

  1. Sign and complete the information on the back of your winning ticket, ensuring all barcodes are clearly visible (remove all scratch-off material from scratch-off tickets).
  2. Photocopy the front and back of the ticket (except for Powerball and Mega Millions tickets, as photocopies are not accepted for these games).
  3. Complete the Louisiana Lottery Prize Claim Form, including your telephone number and mailing address for prize check processing.
  4. Photocopy your valid driver’s license or current picture identification.

Mail all of the above in a single envelope to:

Louisiana Lottery Headquarters

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555 Laurel Street

Baton Rouge, LA 70801

To submit in person, visit Louisiana Lottery headquarters:

555 Laurel Street, Baton Rouge, LA 70801, (225) 297-2000.

Hours: 8 a.m. to 4:30 p.m., Monday through Friday. This office can cash prizes of any amount.

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Check previous winning numbers and payouts at Louisiana Lottery.

When are the Louisiana Lottery drawings held?

  • Powerball: 9:59 p.m. CT Monday, Wednesday and Saturday.
  • Mega Millions: 10 p.m. CT Tuesday and Friday.
  • Pick 3, Pick 4 and Pick 5: Daily at 9:59 p.m. CT.
  • Easy 5: 9:59 p.m. CT Wednesday and Saturday.
  • Lotto: 9:59 p.m. CT Wednesday and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Louisiana editor. You can send feedback using this form.



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Brother of Louisiana mayor accused of raping 16-year-old has a hauntingly similar criminal past

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Brother of Louisiana mayor accused of raping 16-year-old has a hauntingly similar criminal past


The brother of Louisiana mayor Misty Roberts — accused of raping her son’s teenage friend — is facing child sex crimes of his own.

Brandon Lee Roberts, 39, was accused of raping a teen girl and assaulting a young woman over the course of several years, KALB reported.

Brandon Lee Roberts, 39, is accused of raping a teen girl and assaulting a young woman over the course of several years. Beauregard Parish Sheriff’s Office

The alleged sexual abuse began when one of the victims was as young as 13, according to Beauregard Parish Sheriff Mark Herford.

He was arrested in October.

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Booking photo of Misty Clanton Roberts.
Brandon’s sister, Misty, the ex-mayor of DeRidder, Louisiana, allegedly raped her son’s teenage friend. AP

That comes years after his big sister – ex-mayor of DeRidder, 43-year-old Misty Roberts – allegedly got hot and heavy with her son’s 16-year-old friend at a drunken party at their home.

Roberts was allegedly caught in the tryst by her own kids.

She was arrested months later, and is currently on trial for rape charges.



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