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Feds owe ExxonMobil $20M for wartime environmental damage in Louisiana, Texas

The U.S. government now owes ExxonMobil $20.3 million for cleaning up environmental damage from producing war materials at its Baton Rouge and Baytown, Texas,...

Raid targets Bollinger Shipyards in ‘criminal investigation’

Federal agents with the U.S. Department of Homeland Security led a raid last week on Bollinger Shipyards’ main facility on Highway 308 in Lockport...

Chesapeake bankruptcy includes Louisiana entities

Chesapeake Energy Corporation has voluntarily filed for Chapter 11, a move that includes several of its Louisiana entities. The company has filed for protection in...

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...

Governor vetoes penalties for protesters

The governor of Louisiana has vetoed a bill that would have upped the penalties imposed on environmental protesters who trespass on energy company property. The...

Cameron LNG cargo diverts from China to Taiwan

A tanker that loaded at Sempra’s Cameron LNG terminal in Louisiana in March and appeared to be headed to China has changed its course...

Attorneys: Drop in prices may set off ‘tidal wave of energy-related bankruptcies’

The recent OPEC/COVID-19-related drop in energy prices may soon set off a tidal wave of energy-related bankruptcies—creating buying opportunities for those with capital, a...

Bankruptcy court approves McDermott plan

A federal bankruptcy court has confirmed McDermott International Inc.’s plan of reorganization, Rigzone reports. The court also approved the sale of Lummus Technology to a...

Lafayette firm pleads guilty in oil spill incident

An oil production company based in Lafayette Parish and its president pleaded guilty yesterday to violations stemming from an oil spill that occurred in 2016. In...

Lawsuit targeting Driftwood LNG dismissed

In a statement issued Thursday afternoon, Tellurian announced that Cheniere Energy has permanently dismissed all claims against the company that were set to go...

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