Covid-19, gas price crash may push back PLL's $2.5-bn deal with Tellurian 2020/11/14 08:56:00 Business Standard
The deal would have to be renegotiated given the current market prices or shelved, according to government sources
Petronet May Shelve Deal with Tellurian, Says No Plans to Invest in LNG Projects 2020/11/12 13:12:57 CNN-News18
The deal was concurrent with Petronet making an equity investment of USD 2.5 billion for an 18 per cent stake in Driftwood. The September MoU contemplated the conclusion of the transaction by March 31, 2020, but the timeline was extended twice, the latest till December-end.
Tellurian Reports Third Quarter 2020 Results 2020/11/06 12:44:00 Business Wire
HOUSTON--(BUSINESS WIRE)--Tellurian reduces debt and maintains natural gas production in Q3 2020
Tellurian Reports Strong First-Quarter Financial Results Stock market Insights & financial analysis 2020/11/04 20:19:00 Stock Market Daily
Tellurian announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
Tellurian (NASDAQ:TELL) Stock Price Up 6.1% 2020/10/22 19:36:54 US Banking News
Tellurian Inc (NASDAQ:TELL)’s share price rose 6.1% during mid-day trading on Thursday . The stock traded as high as $0.91 and last traded at $0.91. Approximately 4,028,365 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 4,938,372 shares. The stock had previously closed at $0.86. TELL has been […]
PLL may scale down $2.5B deal with US-based Tellurian's LNG project 2020/08/17 07:26:38 Sify.com
New Delhi: Petronet LNG Ltd's proposed $2.5 billion investment plan in US LNG developer Tellurian's upcoming Driftwood LNG terminal in Louisiana may be scaled down considering the energy company's decision to cut first phase cost of the project by a third thereby also reducing production. Sources said that PLL, which has till December to reach final agreement with a Tellurian and conclude the investment plan, is re-evaluating its plans and would come up with a fresh decision soon. The changes may include scaling down investment in the project if sufficient quantity of LNG at competitive pricing is not assured. It is expected that PLL might renegotiate the whole investment deal given the current market conditions. The PLL officials could not be reached for comments. In September last year a non-binding memorandum of understanding was signed between PLL and Tellurian that gave the Indian entity PLL option to buy 5 million tonne per annum (mtpa) LNG from Tellurian's Driftwood project on the banks of Calcasieu river in Louisiana.
Tellurian Reports Second Quarter 2020 Results 2020/08/05 20:17:00 Business Wire
HOUSTON--(BUSINESS WIRE)--Tellurian continues to build integrated global natural gas business and reports second quarter 2020 results
Long-term outlook is bright for Petronet 2020/07/27 01:00:00 Economic Times India
Petronet was able to report another year of strong operational performance in 2019-20, despite the Covid-19 lockdown. For example, its sales volume and Ebitda (Earnings before interest, tax, depreciation and amortisation) grew by 10% and 21% respectively during the year. Improvement in Ebitda margin, to 11.3% from 8.6% in 2018-19, is a point worth mentioning here.After a weak start, things are improving now. For instance, the utilisation level at Dahej terminal, which went below 60% mark during April, has already recovered to full capacity. This means the lockdown induced losses will be restricted to the first quarter. Gail India is expected to commission the Kochi – Mangalore gas pipeline in August and this will help Petronet to improve its utilisation levels at its Kochi terminal and to show higher volume growth during the second half of 2020-21.Petronet’s long-term outlook is also bright because it will benefit most from India’s ever increasing demand for natural gas. India is slowly shifting from polluting fuels like coal and oil to clean fuels like natural gas due to environmental concerns.
Sundance Energy and U.S. Energy among Energy/Materials gainers; Tellurian and Independence Contract Drilling among losers 2020/07/22 18:19:36 Seeking Alpha
Gainers: Sundance Energy (NASDAQ:SNDE) +41%. U.S. Energy (NASDAQ:USEG) +40%. Indonesia Energy (NYSEMKT:INDO) +25%. Marine Petroleum Trust (NASDAQ:MARPS) +2
Tellurian evaluates changes to Driftwood LNG project, plans shares issue 2020/07/22 16:13:11 Reuters
Tellurian Inc is considering changes to its Driftwood LNG export project in Louisiana that could significantly reduce the overall Phase 1 costs, the U.S. liquefied natural gas producer said on Wednesday.
Charif Souki Named Executive Chairman of Tellurian 2020/06/23 00:51:00 Business Wire
HOUSTON--(BUSINESS WIRE)--Tellurian Board of Directors names Charif Souki as Executive Chairman
Tellurian Inc. to Present at J.P. Morgan 2020 Energy, Power & Renewables Conference 2020/06/15 20:17:00 Business Wire
HOUSTON--(BUSINESS WIRE)-- #LNG--Tellurian CEO Meg Gentle will present at the J.P. Morgan 2020 Energy, Power & Renewables Conference at 3:40 p.m. (Eastern) on Tuesday, June 16, 2020.
Is the Options Market Predicting a Spike in Tellurian (TELL) Stock? 2020/06/09 12:45:00 Zacks Investment Research
Investors need to pay close attention to Tellurian (TELL) stock based on the movements in the options market lately.
Tellurian : 424B7 | MarketScreener 2020/05/19 13:28:10 MarketScreener
Use these links to rapidly review the document TABLE OF CONTENTS TABLE OF CONTENTS Table of Contents Filed Pursuant to Rule 424 … | May 19, 2020