Browsing Tag
Louisiana
106 posts
First Solar (FSLR) opens $330 million South Carolina facility as U.S. solar manufacturing strategy expands
First Solar is inaugurating the first phase of its approximately $330 million South Carolina production facility, which completes manufacturing processes for Series 6 Plus solar modules. The Gaffney operation currently employs about 500 people, with nearly 700 positions expected by mid-2027 as First Solar expands its American industrial footprint and adjusts its global supply chain.
Venture Global unveils potential $17.2bn power equipment programme for LNG and AI data centres
Venture Global's agreements with GE Vernova and Baker Hughes create a framework for up to 16 gas-fired power islands, potentially supporting LNG expansion and data-centre development, but most equipment orders remain conditional on future commercial decisions.
Mosaic swung from $411m profit to $273m loss. Now 206 Louisiana jobs are going
The Mosaic Company is cutting 206 jobs across its Uncle Sam and Faustina facilities in Louisiana after a global sulfur shortage forced phosphate production lower, contributing to a $273 million quarterly loss and a collapse in phosphate operating rates to 47%.
Flesh-eating bacteria deaths rise along Gulf Coast as health officials warn beachgoers
Louisiana reports five deaths from Vibrio vulnificus as dangerous Gulf Coast infections prompt warnings about wounds and warm coastal waters.
Williams to buy Momentum Midstream for $5.5bn as Haynesville LNG strategy accelerates
The Williams Companies is acquiring Momentum Midstream to create a larger Haynesville gathering and transportation platform linked to Gulf Coast LNG, power and industrial demand. The transaction is expected to lift per-share earnings, but Williams must absorb new equity, fund additional pipelines and convert projected 2027 EBITDA into dependable cash flow.
ExxonMobil (NYSE: XOM) Q2 2026 profit hits $14.5bn as Permian and Guyana lift upstream
ExxonMobil's Q2 profit hit $14.5B, its biggest in four years, but $3.52 EPS missed the $3.63 consensus as Middle East reserves capped a record cash quarter.
Galilee Energy (ASX: GLL) sharpens US focus through Glenaras divestment
Galilee Energy’s exit from the Glenaras Gas Project marks a decisive shift away from a large but technically challenging Australian coal seam gas resource towards the faster-cycle Zydeco gas and condensate opportunity in Louisiana. The portfolio is becoming simpler, although the company’s investment case is also becoming significantly more concentrated.
Commonwealth LNG Project: Why Caturus’ 9.5Mtpa Louisiana export terminal matters in 2026
The Commonwealth LNG Project in Cameron Parish, Louisiana has moved into full construction after Caturus reached final investment decision in May 2026, backed by $9.75 billion of project financing and long-term LNG offtake agreements with major global counterparties.
Baker Hughes deepens Sabine Pass LNG role after Chart Industries acquisition
Baker Hughes’ Sabine Pass awards gain weight after Chart Industries, but Cheniere still faces FID, financing and federal approval tests before construction.
Air Products (NYSE: APD) jumps 8% as Louisiana hydrogen exit restores investor trust
Air Products accepted a US$2.9 billion charge and gained 8%. Investors are rewarding the end of a hydrogen project that failed its return test.