Tellurian News | Oct 01, 2024
Tellurian's Driftwood LNG project has been strategically acquired, contributing to a temporary excess in the acquiring company's target leverage range...
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Tellurian
🌎 tellurianinc.comTellurian is an American natural gas company headquartered in Houston, Texas, focused on building a global natural gas business. With over 50 years of experience, the company is developing the Driftwood LNG project, which aims to produce approximately 27.6 million tonnes per annum (mtpa) of liquefied natural gas (LNG). Tellurian is committed to delivering low-cost, clean, and reliable LNG to meet the growing demand in global markets while prioritizing environmental protection and corporate integrity.
Updates as of Oct 01, 2024
- Tellurian's Driftwood LNG project has been strategically acquired, contributing to a temporary excess in the acquiring company's target leverage range.
- Tellurian, which is being acquired by Australia's Woodside, released the August construction update for the first phase of its Driftwood LNG export project in Louisiana.
- Woodside Energy acquired Tellurian's Driftwood LNG as part of its growth strategy.
- Tellurian announced a merger agreement with Woodside Energy, making it a wholly owned subsidiary, pending stockholder approval and addressing a lawsuit over disclosure sufficiency.
- Bank of New York Mellon Corp reduced its holdings in Tellurian by 94.7% in the second quarter, selling 1,730,971 shares.
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