Australia's largest oil and gas producer expands its reach with US acquisition
Woodside Energy acquires Tellurian Inc. for approximately $900 million
Woodside Energy to become a significant player in the global LNG market
In a significant move for the global liquefied natural gas (LNG) market, Woodside Energy Group Ltd., Australia's largest oil and gas producer, has agreed to acquire troubled US LNG export project developer Tellurian Inc. for approximately $900 million. This acquisition is expected to position Woodside as a
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No Doubts Found At Time Of Publication
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What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
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Woodside aims to position itself as a 'global LNG powerhouse' with this acquisition
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What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
95%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
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Points
Woodside Energy Group Ltd. has agreed to buy Tellurian Inc. for approximately $900 million. Woodside will pay about $1 per share in cash for full control of Tellurian.
Accuracy The acquisition includes Tellurian’s proposed US Gulf Coast Driftwood LNG project. Woodside Energy (WDS) is acquiring liquefied natural gas developer Tellurian (TELL) for $1.2B in cash, including debt. Foundation work is in progress and pilings are underway for the LNG tanks at Driftwood LNG site. Deception
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What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
95%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
Unique
Points
Woodside Energy (WDS) is acquiring liquefied natural gas developer Tellurian (TELL) for $1.2B in cash, including debt. Driftwood LNG export project in Lake Charles, Louisiana is fully permitted and development has started with construction underway for Trains 1 and 2. Foundation work is in progress and pilings are underway for the LNG tanks at Driftwood LNG site. Woodside (WDS) will provide a loan of up to $230M to Tellurian (TELL) to maintain momentum prior to completion of the deal. Driftwood LNG project has received an extension of its Federal Energy Regulatory Commission authorization.
Accuracy Deception
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