Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges 
Shein Scales Back Vietnam Operations as US Trade Rules Shift 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 
Hims & Hers Shares Fall as GLP-1 Costs Widen Q2 Loss 
Hanwha Offers Up to $1.2 Billion for Austal US Business 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
Austal Shares Surge 16% as Hanwha Offers Up to $1.2 Billion for U.S. Shipbuilding Business 
OpenAI Restricts Astra AI Over Cyberattack Risks 
Delta Flight Makes Emergency Landing in Atlanta After Cockpit Fumes Reported 
Natura Q2 Profit Plunges 92% as Financial Expenses Weigh on Earnings 
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants 
Alibaba Plans Revenue-Sharing Model for Qwen3.8-Max AI Commercial Users 
ADNOC Gas Targets Up to $4B Profit in 2026 
U.S. investment firm Stonepeak will acquire a 40% stake in Woodside Energy’s (OTC: WOPEY) Louisiana LNG project, committing $5.7 billion in capital expenditures. The Australian energy company confirmed the partnership on Monday, marking a major boost for the yet-to-be-finalized project.
Stonepeak, which manages around $72 billion in assets, will fund the project’s foundational development with an accelerated contribution set for 2025 and 2026. Woodside will retain a 60% stake following the deal but is pursuing additional partnerships, aiming to sell down up to 50% equity in the integrated LNG venture.
The Louisiana LNG facility is expected to be constructed in four phases. Phase I targets an annual output of 11 million metric tons of liquefied natural gas (LNG), with full project completion projected to deliver 27.6 MTPA. The final investment decision (FID) is still pending.
The deal arrives amid growing global interest in U.S. LNG as countries diversify energy sources and seek to avoid potential tariffs under former President Donald Trump, who has consistently advocated for higher U.S. energy exports. Trump’s early executive orders aimed to stimulate domestic oil and gas production and expand energy trade partnerships.
Reuters had previously reported Woodside’s ongoing discussions with other potential investors for the Louisiana project. CEO Meg O’Neill emphasized continued talks to secure more partners.
Despite the strategic investment, Woodside shares dropped 7.5% to A$18.89 at 0104 GMT, reflecting broader energy sector weakness, with the energy sub-index falling 8.6%.
The Louisiana LNG project is set to become a key player in the global LNG market, driven by strong capital support and rising demand for U.S. energy exports.
