Crude oil inventories rise for first time in weeks
Crude oil inventories rose for the first time in seven weeks, according to data released Wednesday. Commercial crude oil stocks excluding the Strategic Petroleum...
Energy giants refocusing on LNG after biofuel expectations flop
Biofuels are the latest green energy investment to disappoint, leaving the hopes of oil and gas giants pinned on liquefied natural gas, The Wall Street...
What the U.S. is doing to revamp the power grid against extreme weather
The Biden administration announced last week that it is investing $2.2 billion to revamp the nation’s power grid to protect it against growing threats...
EV battery component manufacturing poised to be Louisiana’s next big industry
It’s not likely that Louisiana’s fledgling electric vehicle battery industry would even exist without federal assistance, but state economic leaders really don’t care.
As Baton...
EIA: U.S. natural gas producers to cut production
Major U.S. natural gas producers are preparing to further curtail production in the second half of 2024, after prices sank nearly 40% over the...
The FUEL partnership has named an executive director
Energy innovation expert Michael Mazzola has been tapped to serve as executive director of the massive LSU-led FUEL partnership, the university announced last week.
For those...
Oil and gas mergers show no signs of slowing
Oil and gas mergers and acquisitions remained popular in the United States in the second quarter, topping $30 billion with a few big dollar...
Senate energy panel advances bipartisan bill overhauling energy permitting
A bipartisan bill overhauling the process of gaining federal approval for energy projects was advanced by the U.S. Senate Energy and Natural Resources Committee...
ExxonMobil profits surge in second quarter
ExxonMobil banked one of its highest profits for a second quarter—bolstered by record production in the Permian Basin and Guyana—as it stretched its lead...
Can Louisiana play a major role in the emerging clean hydrogen industry?
The Louisiana Clean Hydrogen Task Force, led by State Rep. Joseph Orgeron, recently convened at the state Capitol to explore the state’s potential in...
