Latest Louisiana News

Worley Limited reveals the ongoing Middle East conflict is causing significant project delays and an estimated $30 to $40 million hit to FY26 underlying EBITA, prompting a revision to its growth outlook.

Galilee Energy has completed the Zydeco-1 well design and directional plan, achieving around US$100,000 in cost savings and advancing steadily toward a Q2 2026 drilling start. The project targets Gulf Coast natural gas and condensate markets, supported by a newly appointed US Advisory Board.

Element 25 has secured $18 million through a share placement to fund the expansion of its Butcherbird Manganese Project, aiming to increase output to 1.1 million tonnes annually and support its US battery-grade manganese facility.

Galilee Energy has appointed a US Advisory Board to drive its Gulf Coast oil and gas expansion, targeting low-risk brownfield assets. The company’s maiden Zydeco-1 well in Louisiana is set to spud in Q2 2026, marking a key milestone in its US growth strategy.

Worley has received the Full Notice to Proceed from Venture Global for Phase 2 of the CP2 LNG export project in Louisiana, marking a significant milestone following Venture Global’s Final Investment Decision.

Syrah Resources has secured an extension to the cure date for an alleged default under its Tesla offtake agreement, pushing the deadline from March to June 2026 as both parties work to resolve outstanding issues.

Galilee Energy has confirmed the final location for its Zydeco-1 well in Louisiana, targeting significant gas and condensate resources with drilling set for the second quarter of 2026. The well also aims to explore additional oil potential, optimising costs and environmental impact.

Galilee Energy has confirmed the Zydeco-1 well is drill-ready following enhanced 3D seismic analysis, aiming to tap up to 8 billion cubic feet of gas and 0.5 million barrels of condensate in Louisiana with spudding planned for the second quarter of 2026.

Grand Gulf Energy reports solid oil production revenue from its Louisiana assets and advances its helium project amid rising commodity prices, positioning itself for growth in energy and critical minerals.

Element 25 Limited is advancing its Butcherbird Manganese Mine expansion and developing a US-based battery-grade manganese refinery, supported by major funding and strategic partnerships.

FBR Limited reports a significant reduction in half-year losses alongside new robotic product launches, yet cash flow challenges raise questions about its financial sustainability.

Woodside Energy Group Ltd reported record production and a net profit after tax of $2.7 billion in 2025, advancing key LNG and ammonia projects while achieving its 15% emissions reduction target.