Oil tankers continue moving crude though Strait of Hormuz despite risks
Despite ongoing attacks in the Strait of Hormuz, oil tankers are continuing to move crude through the waterway, with some conducting ship-to-ship transfers and...
Thibodaux company transforming discarded drilling risers into innovative construction aggregate
Thibodaux's Four Aces Logistics, a subsidiary of Onshore Companies of Louisiana, is transforming discarded offshore oilfield drilling risers into an environmentally responsible, cost-effective construction...
Global oil supply crunch leads to surge in Exxon, Chevron earnings
Exxon and Chevron have profited significantly from impeded oil shipments during the fighting between Iran and the U.S., reports The Associated Press. The conflict,...
LNG exports predicted to nearly double by 2031
U.S. LNG exports are expected to nearly double by 2031, becoming the country’s second-largest net export industry and contributing an estimated $1.4 trillion to...
Mitsubishi finalizes $7.5B purchase of Louisiana gas assets
Mitsubishi Corp. finalized a $7.5 billion acquisition of Dallas-based Aethon Energy Management’s Haynesville Shale assets this week, as another Japanese conglomerate moved to secure...
Report projects Gulf Coast gas export boom through 2031
U.S. LNG exports are projected to nearly double by 2031, becoming the nation's second-largest net export industry and adding an estimated $1.4 trillion to...
Delfin is close to an FID on its second floating LNG plant
Already established as the premier exporter of LNG, the U.S. market moved a step closer to a new development with an equipment contract for...
Louisiana LNG project could play a key role in Ukraine’s energy future
Argent LNG, developer of a planned 25 million tons per annum LNG export terminal at Port Fourchon, and Naftogaz Group, Ukraine’s largest oil and...
Repeated drawdowns, aging infrastructure strain SPR
Repeated drawdowns, along with aging infrastructure and years of underinvestment, have placed significant strain on the Strategic Petroleum Reserve, The Wall Street Journal reports. Equipment...
Broussard company hopes to redevelop offshore infrastructure to support growing digital market
This week, Forged Energy Solutions in Broussard announced its strategic vision to support Louisiana's growing energy, industrial and digital infrastructure sectors by combining decades...
