Shell top exec believes LNG market will return to pre-pandemic levels
A top executive at the company that dropped the Lake Charles LNG project in late March over financial concerns remains bullish on liquefied natural...
Kennedy wants to eliminate GOMESA cap on revenues
Louisiana Sen. John Kennedy has introduced the Offshore Cap Parity Act to eliminate the limit on the amount of revenue Gulf states can receive...
Glenfarne Group reveals itself as Magnolia LNG buyer
Glenfarne Group LLC, a New York developer, owner-operator and industrial manager of energy and infrastructure assets, revealed itself last week as the new owner...
Louisiana’s energy industry hurting, but pent-up global demand prompts hope
Focusing on the worldwide pent-up demand for energy provides a more promising—and accurate—glimpse into the long-term future of south Louisiana’s energy and petrochemical industries,...
Tellurian, Petronet deal expires, leaving questions about Driftwood LNG
A 2019 memorandum of understanding between Tellurian Inc. and India's Petronet LNG has expired, leaving questions about the status of the Driftwood LNG planned...
Lafayette firm drafting deal with Ukraine for LNG supply
Ukraine has signaled interest in buying long-term LNG supply from a Louisiana company.
The named supplier, Louisiana Natural Gas Exports, is a Lafayette company that...
Lake Charles executive and fellow Citgo 6 remain imprisoned through pandemic
A Lake Charles man and five other oil executives known as the Citgo 6 remain captives in Venezuela two and half years since they...
Oil, gas will likely see bounce as COVID-19 impacts lessen
The unprecedented shock to the demand side of the oil and gas equation caused by COVID-19, and the resulting buildup in inventories, will take...
Another Magnolia LNG parent company deal falls through
The sale of the Magnolia LNG project in Lake Charles to a Lafayette company has fallen through.
LNG Limited last week terminated the proposed sale...
Dismukes: Oil price recovery has begun, but crude could remain below $50/barrel until 2028
Oil prices have inched back up in recent weeks, after plummeting to historic lows one month ago, suggesting a recovery in world oil prices...
