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In what has become an all-too-familiar pattern, evil corporate raider Carl Icahn has struck again, claiming another CEO scalp. Like he did with Chesapeake Energy, Icahn increased his stake in another oil and gas company, Cheniere Energy, about to export the very first shipment of exported LNG from the Lower 48 states. After Icahn grabbed
Several days ago Charif Souki, co-founder and former CEO of Cheniere Energy (forced out by Carl Icahn) announced he had resigned from the board of Cheniere. We now know why. Souki has formed a new LNG export company with former COO and executive director of BG Group, Martin Houston. Just like Aubrey McClendon started a
Charif Souki, an Egyptian-born but naturalized U.S. citizen, has just been booted (for a second time) from a company he co-founded. In December 2015, evil corporate raider Carl Icahn (who invests in companies so he can fire a bunch of people, boost the stock, and pocket the profit) fired Souki from Cheniere Energy, a company
The U.S. Energy Information Administration (EIA) is reporting there are eight natural gas pipeline projects either currently under construction or in advanced planning, totaling 20 Bcf/d (billion cubic feet per day) of capacity to carry natural gas to LNG export facilities either up and running or planned for the Gulf Coast. Considering the country currently
Venture Global’s Calcasieu Pass LNG export facility recently received Federal Energy Regulatory Committee (FERC) authorization to place the final three liquefaction blocks (7-9) into service (see Venture Global Gets FERC OK to Commission 3 Calcasieu Pass Trains). The other trains, 1-6, have been online for 18 months but are not officially in commercial service, even