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Energy Transfer Brings On Chevron to Support This Potential Needle-Moving Growth Project
CVXChevron(CVX) The Motley Fool·2024-12-23 17:35

Energy Transfer (ET 3.23%) has long sought to convert its existing Lake Charles LNG import and regasification facility to a liquified natural gas (LNG) export terminal. It started working on that project about a decade ago. It has encountered several obstacles along the way, including turbulent market conditions and regulatory issues. However, after many delays, the master limited partnership (MLP) is getting closer to making a positive Final Investment Decision on that project. It recently took another cru ...