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U.S. LNG developer Tellurian ousts co-founder Souki as chairman

Tellurian ousted its chairman and co-founder Charif Souki as an executive officer, the U.S. liquefied natural gas (LNG) developer said on Friday, weeks after auditors raised doubts about the company's ability to cover future expenses. Souki was pushed out of Cheniere Energy and co-founded Tellurian in 2016 with Martin Houston, who will replace him as chairman. Tellurian has changed its Driftwood strategy several times over the years, never attracting enough potential clients for the first, $14.5 billion phase of the 27.6 million metric ton per annum facility.

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U.S. LNG developer Tellurian ousts co-founder Souki as chairman

HOUSTON -Tellurian ousted its chairman and co-founder Charif Souki as an executive officer, the U.S. liquefied natural gas developer said on Friday, weeks after auditors raised doubts about the. -December 08, 2023 at 07:10 pm EST - MarketScreener

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Potential Chesapeake-Southwestern merger gains support from top investor Kimmeridge

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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Chesapeake Investor Would Reportedly Support a Deal to Buy Southwestern

Chesapeake Investor Would Reportedly Support a Deal to Buy Southwestern
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Chesapeake Investor Would Support a Deal to Buy Southwestern

(Bloomberg) Kimmeridge Energy Management Co., which is among the most active and outspoken US oil and gas investors, said a merger of Chesapeake Energy Corp. and Southwestern Energy Co. would create one of the industry’s most sought-after stocks. Most Read from BloombergMicrosoft Ends Weekend of OpenAI Drama With Coup of Its OwnThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAICitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringOpenAI Leaders' Efforts to Bring Bac

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