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Oil market possibly headed for bigger price spikes
The shrinking oil supply caused by the disruption of shipments in the Strait of Hormuz raises the risk of broader price spikes in the U.S., The Wall Street Journal writes. Some buyers, in fact, are...
Volatile hurricane season taking shape due to warm Gulf waters
Forecasters offered a dire warning this week, predicting that warm ocean waters could lead to a volatile Atlantic hurricane season, Bloomberg writes.
As many as 11 to 16 named storms are predicted this year by...
Canada to increase natural gas shipments to support Gulf LNG exports
Canada is expected to increase natural gas shipments to support Louisiana and Texas LNG exports, as well as rising power demand from AI data centers.
Officials say additional supply could strengthen export capacity amid tight...
FUEL’s $45 million funding renewal continues research for three more years
A $45 million grant renewal from the National Science Foundation grant has given FUEL (Future Use of Energy in Louisiana) another three years of research funding. The funding award, announced this week, builds on $15...
Louisiana unveils new nuclear framework at CERAWeek
Louisiana officials unveiled the state's first Nuclear Strategic Framework on Tuesday at CERAWeek, an annual energy conference, reports The Center Square.
The framework lays out four priorities: nuclear manufacturing and component production, expansion of nuclear...
Port NOLA, Port Houston benefitting from industrial and energy surge
Major industrial and energy projects on the Gulf Coast are leading to a boom in cargo activity at Port NOLA and the Port of Houston, two of the largest U.S. ports for breakbulk and...
State launches royalty relief program for oil and gas
Louisiana is launching a new royalty relief program to encourage oil and gas production by temporarily reducing what companies pay to extract resources on state lands. The incentives apply to new drilling, restarted wells...
