Reuters reported earlier this month that U.S. LNG developer Tellurian had sent home more than a dozen workers from its upstream gas production business amid sale talks.
Tellurian said on Wednesday it would use the proceeds from the transaction to reduce borrowings and for general corporate purposes.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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Source: Energy Industry News (energyindustrynews.net)
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