Centrica and Delfin Midstream have announced the signing of a long-term sale and purchase agreement (SPA) for the delivery of 1.0 million tonnes per annum (MTPA) of liquefied natural gas (LNG). The agreement, valued at $8 billion, will span 15 years and operate on a Free on Board (FOB) basis at the Delfin Deepwater Port, […]
Cheniere Energy Partners, a subsidiary of Cheniere Energy, has started permitting process for the Sabine Pass Stage 5 Expansion Project in Cameron Parish, Louisiana. The proposed Sabine Pass LNG terminal expansion will be located adjacent to the existing Sabine Pass Liquefaction Project and will manufacture around 20 million tonnes of liquefied natural gas (LNG) per […]
Eni Sustainable Mobility and PBF Energy have joined forces for the St. Bernard Biorefinery an under-construction biorefinery in Louisiana, which will enable the former to enter into the US biofuels market. The St. Bernard Biorefinery will be a 50-50 joint venture (JV) and is co-located with PBF Energy’s Chalmette Refinery in Louisiana. The biorefinery will […]
American insurance brokerage firm PCF Insurance Services has acquired Oak Point Risk Advisors, a Louisiana-based risk management and insurance agency, for an undisclosed price. Oak Point Risk Advisors caters to the maritime, oil and gas, and construction industries located along and on the Gulf of Mexico with commercial insurance solutions. Ronny Sternfels — Oak Point […]
WhiteHawk Energy will acquire certain natural gas mineral and royalty assets mainly located in the Haynesville Shale in northwestern Louisiana for a consideration of up to $105 million. The Haynesville Shale assets are said to align with WhiteHawk Energy’s current natural gas mineral and royalty assets. WhiteHawk Energy will own mineral and royalty assets covering […]
Louisiana-based Home Federal Bancorp, the holding company of Home Federal Bank, has signed an agreement to acquire Northwest Bancshares, the holding company of the First National Bank of Benton (First National) in an all-cash deal worth around $10.1 million. Currently, First National Bank of Benton operates out of one banking location in Benton, Louisiana. Northwest […]
Arthur J. Gallagher & Co. has acquired Watkins Insurance & Benefits (dba Watkins Group — Insurance & Benefits Specialists) in Alexandria, Louisiana for an undisclosed price. Watkins Group, which was established in 2008, provides corporations of all sizes with employee benefit solutions along with individual and Medicare coverage solutions. The company serves clients across Central […]
Origin Bancorp, the holding company for Louisiana-based Origin Bank, has closed the previously announced $313.5 million worth acquisition of BT Holdings, the holding company for Texas-based BTH Bank. The all-stock deal between the two bank holding companies was announced in February 2022. Drake Mills — Origin Bancorp Chairman, President, and CEO said: “We are excited […]
Global insurance brokerage Hub International said that it has acquired the assets of Louisiana-based Shaver-Robichaux Agency for an undisclosed price. Shaver-Robichaux Agency is an independent agency that offers commercial and personal insurance solutions such as home, health, auto, recreation, life, and others. Shaun Norris — Hub Gulf South President said: “Shaver-Robichaux is a highly-regarded agency […]
Germany-based BENTELER Group said that it will divest its steel tube plant in Shreveport, Louisiana to Tenaris, a steel pipe products manufacturer and supplier based in Luxembourg, for a price of $460 million. According to BENTELER Group, the decision to sell the steel tube plant in Shreveport was taken after a comprehensive analysis. The German […]