Coastal projects could be funded by new Gulf oil discovery
A newly discovered offshore oil reserve in the Gulf could fuel coastal restoration efforts in the state, with production potentially starting as soon as...
Supply shocks and shutdowns reduce oil industry’s windfall from Iran conflict
Higher crude prices are failing to fully offset operational disruptions for major energy companies, Bloomberg writes. ExxonMobil and Chevron saw global production drop about 6% in...
DOE offers 30 million barrels of oil from West Hackberry SPR
On Thursday, the DOE offered a third batch of 30 million barrels of sweet, or low-sulfur, crude from the Strategic Petroleum Reserve's West Hackberry site...
Commonwealth LNG nears FID on Cameron Parish terminal
Owners are nearing a Final Investment Decision (FID) on the $12.5 billion Commonwealth LNG export terminal in Cameron Parish, with a call expected in...
Oil surge results in 15-year insider selling record
Oil and gas executives sold roughly $1.4 billion in stock during the first quarter as crude prices spiked following U.S. military action against Iran,...
Venture Global to benefit from global energy shock
Venture Global is set to benefit from the global energy shock, as disruptions in the Middle East tighten LNG supplies, The Wall Street Journal writes.
The...
Trump administration to rejoin offshore drilling agencies separated after 2010 Gulf oil spill
The Trump administration said Friday it is combining two agencies that were separated in the aftermath of the 2010 Gulf oil spill. The Interior...
LNG surge points to continued growth for Louisiana ports
Increased output from LNG facilities in Texas and Louisiana, including expanded capacity in Plaquemines Parish, points to continued growth for Louisiana's ports. U.S. liquefied...
QatarEnergy-ExxonMobil JV about to ship first LNG cargo
A facility operated by a QatarEnergy-ExxonMobil joint venture at the Louisiana-Texas border has officially begun production.
The JV is preparing to ship its first cargo...
Shale drilling expected to rebound as higher prices push production
An improving outlook for shale oil producers, driven by increasing crude prices, is expected to lead to a rebound in U.S. shale oil drilling...
