Louisiana
Woodside Energy Sells 40% Stake In Louisiana LNG Project For $5.7 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.
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.
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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Louisiana
Louisiana has the highest incidence of prostate cancer in the nation. See the parish data.
Prostate cancer is the most common cancer in American men, with an estimated 333,830 new cases and 36,320 deaths projected for 2026 for the disease, according to the American Cancer Society.
In the U.S., there are approximately 116 new prostate cancer cases per 100,000 people annually. Louisiana has the highest prostate cancer incidence rate in the country at 147.2 cases per 100,000 — a rate that has been steadily rising since 2014, according to data from the National Cancer Institute.
New prostate cancer drug can extend life expectancy by 8 months, Baton Rouge doctor says
These parishes had the highest rates, in cases per 100,000, of prostate cancer from 2018 to 2022, in descending order:
- West Feliciana Parish with 218.6 cases per 100,000;
- Iberville Parish with 182.3 cases per 100,000;
- Bienville Parish with 179.7 cases per 100,000;
- West Baton Rouge Parish with 179.4 cases per 100,000;
- Vermillion Parish with 176.5 cases per 100,000;
- Iberia Parish with 173.8 cases per 100,000;
- East Baton Rouge Parish with 173.6 cases per 100,000;
- East Carroll Parish with 172.9 cases per 100,000;
- East Feliciana Parish with 166.3 cases per 100,000;
- Tangipahoa Parish with 166.2 cases per 100,000;
- St. Martin Parish with 166 cases per 100,000;
- Jackson Parish with 165.3 cases per 100,000;
- and Lincoln Parish with 165.1 cases per 100,000.
These parishes had the lowest rates, in cases per 100,000, of prostate cancer from 2018 to 2022, in ascending order:
- Cameron Parish with 101 cases per 100,000;
- Evangeline Parish with 102.7 cases per 100,000;
- Union Parish with 106.9 cases per 100,000;
- Winn Parish with 108.2 cases per 100,000;
- Vernon Parish with 109.4 cases per 100,000;
- Grant Parish with 109.7 cases per 100,000;
- Franklin and La Salle parishes with 111 cases per 100,000;
- St. Bernard Parish with 113.9 cases per 100,000;
- Tensas Parish with 115.2 cases per 100,000;
- Terrebonne Parish with 117.5 cases per 100,000;
- Washington Parish with 121.1 cases per 100,000;
- Livingston Parish with 122.8 cases per 100,000;
- Sabine Parish with 122.9 cases per 100,000;
- Bossier Parish with 123.7 cases per 100,000;
- and La Fourche Parish with 124.8 cases per 100,000.
Data represents an annual average for all stages of prostate cancer.
PENSACOLA, Fla. — Marcavia Shavers posts 21 points and 13 rebounds to lead ULM Warhawks women’s basketball past Louisiana 79-63 in the Sun Belt Conference tournament.
ULM (15-15, 7-11 Sun Belt) took control early, outscoring Louisiana 17-7 in the first quarter and extending the lead to 41-21 by halftime. The Warhawks never trailed and led by as many as 28 points in the second quarter.
Shavers anchored the inside for ULM, finishing 9-of-15 from the field with 13 rebounds. Jazmine Jackson added 17 points off the bench, knocking down four 3-pointers, while J’Mani Ingram scored 16 points and dished out six assists.
ULM shot 46.9% from the field and held a 42-27 advantage on the boards. The Warhawks also converted Louisiana turnovers into 29 points and scored 26 second-chance points.
Louisiana (5-26, 2-16 Sun Belt) was led by Mikaylah Manley with 18 points and Imani Daniel with 17 points and seven rebounds. Amijah Price chipped in 12 points.
After struggling early, Louisiana shot better in the second half, scoring 42 points after the break. However, the early deficit proved too much to overcome.
ULM advances in the Sun Belt tournament, while Louisiana closes its season with the loss.
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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.
“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.
Also in the heated race is incumbent Bill Cassidy, M.D.
Party primary elections in Louisiana are set for May 16, 2026.
Copyright 2026 KNOE. All rights reserved.
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