Hints and tips:
...they disposed of collateral, including the shares, which he said would have fetched considerably more had they been sold at an earlier point....
...On Monday a Texas judge rejected the claim and said that Souki and his guarantors still owed “at least” $100mn to the secured parties....
...Tellurian, co-founded by Souki in 2016, said in a regulatory filing on Wednesday that he had resigned from its board of directors effective this week....
...Souki said that if new shareholders did come on board, he was confident he could convince them to back his strategy....
...Souki’s exit bags him $8mn....
...That, Drahi said, became Pereira’s prize....
...On Tuesday, the fund said it was “short [United Wholesale Mortgage], long [Rocket Mortgage], and purchased derivatives”....
...Charif Souki, a pioneer of the US liquefied natural gas industry, has been ousted from project developer Tellurian and will receive a payout of more than $8mn....
...Charif Souki’s ousting from Tellurian last month underlined how some projects continue to struggle....
...Tellurian declined to make Souki available for an interview on Friday. Analysts said Souki risked missing a golden opportunity amid furious global LNG demand....
...“It’s dramatically more expensive,” said Charif Souki, who pioneered the development of the US LNG export industry more than a decade ago....
...“The damage of coal is so clear but now, all of a sudden, it’s no longer a matter of pollution,” Souki said....
...To understand the significance of the US central bank’s latest message, do not focus on Fed chair Jay Powell, but Charif Souki. Souki is a former restaurateur turned energy pioneer....
...Start-up ventures such as Charif Souki’s Tellurian, meanwhile, are having trouble getting off the ground. Why? The economics of expanding an existing site are better than building new projects....
...Tellurian, a developer chaired by US LNG pioneer Charif Souki, has struggled to raise funds for its Driftwood export plant near Venture’s facilities in Louisiana....
...US energy tycoon Charif Souki faced a major setback last week when his $25bn Driftwood LNG project lost Shell and Vitol as customers....
...“When all is said and done, the big change will be in the gas markets,” says Ernest Moniz, who was energy secretary under Barack Obama....
...But we don’t have infrastructure to take the gas to California,” Souki said....
...Gas tycoon Charif Souki, chair of Tellurian LNG, which is hoping to build a big new export plant on the US gulf coast, agreed: “We need an energy policy, that would be a good start.”...
...Retail investors “have been accused of being day traders, gamblers and stupid money,” said Souki in the video....
...We have to increase our standards” said Mr Souki, a dealmaker who pioneered exports from America’s shale patch over the past decade....
...“Yes, it’s a good thing for American LNG,” Charif Souki, chair of Tellurian LNG — which is hoping to construct a new $15bn export plant on the US Gulf coast — told the Financial Times, referring to the global...
...“The value of our business proposition, providing very low-cost gas, is more evident than ever,” Mr Souki said....
...The property was among a number of real estate investments for which his pledged Tellurian shares were used as collateral, Mr Souki said....
...analysts say the pressure to keep up is now on the basin’s other large operators; Comstock Resources, controlled by billionaire Dallas Cowboys owner Jerry Jones, and Tellurian, run by shale tycoon Charif Souki...
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