Big oil is banking on the Gulf as a shale pullback begins
U.S. oil production is expected to dip slightly in 2026, but deepwater projects in the Gulf are helping cushion the decline, Bloomberg reports.
Long in the...
Delfin searches for investors in Louisiana offshore LNG project
Delfin Midstream is seeking investment to help fund a plan to export liquefied natural gas via infrastructure moored off the coast of Louisiana, according...
Lafourche Parish won’t participate in coastal lawsuits
The Lafourche Parish Council declined to take legal action last week against oil and gas companies over coastal damage, voting 6-1 on Tuesday to...
Exxon-Chevron rift could last for years
Chevron’s $53 billion bid to acquire Hess hinges on a high-stakes arbitration with ExxonMobil, which claims a right to Hess’ coveted stake in Guyana’s booming...
Why the well has gone dry for energy deals in 2025
Dealmaking in the U.S. oil patch has dramatically slowed in 2025, Reuters reports, with M&A activity falling to just $17 billion in the past quarter—down...
Global LNG trade reaches a record high in 2024
Global liquefied natural gas trade reached a record 411.2 million tons in 2024, up 2.4% from the previous year, with the U.S. cementing its...
Hidden reserves: Big gas find in Louisiana?
A newly released assessment from the U.S. Geological Survey puts Louisiana at the heart of a promising energy frontier.
According to the USGS, the Hosston...
Glencore finalizes 20-year deal with Louisiana’s Commonwealth LNG
Commonwealth LNG has finalized a binding agreement with global commodities giant Glencore Ltd. for a 20-year natural gas and LNG supply partnership.
Under the deal,...
Tariffs loom, but Louisiana LNG projects push forward
Despite rising costs and ongoing trade tensions, several major LNG projects in Louisiana are moving forward—positioning the state at the center of a nationwide...
Woodside is looking for more buyers for its Louisiana LNG project
After announcing the project’s final investment decision last week, Woodside Energy said Tuesday that it planned to divest an additional 20% to 30% stake in...
