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Powered by methanol: An investment surge in Louisiana

When Danish shipping giant Maersk announced in August that its first decarbonized ships would run on green methanol, then ordered a dozen 16,000-TEU container...

LNG boom drives local Enbridge pipeline growth

From British Columbia to the Gulf of Mexico, accelerating global trade in liquefied natural gas (LNG) has become a significant growth driver for the...

Venture Global to export LNG to ExxonMobil affiliate from Louisiana plants

Venture Global LNG has announced the execution of two new long-term sales and purchase agreements with ExxonMobil LNG Asia Pacific for the sale of...

Pipeline for Driftwood LNG clears environmental review

Tellurian's proposed 37-mile Driftwood Pipeline natural gas transportation project cleared a draft environmental review by the Federal Energy Regulatory Commission, advancing toward a key...

LOGA assails Biden administration over lease sale cancellation

Louisiana Oil and Gas Association President Mike Moncla released a statement last week urging the federal government to renew its five-year offshore leasing plan,...

Rising natural gas prices increase manufacturing, transportation costs

Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation is expected to persist as the country...

Energy Transfer, SK Gas ink 18-year Lake Charles LNG supply deal

U.S. firm Energy Transfer will supply LNG to South Korean firm SK Gas from its Lake Charles LNG export facility under an 18-year deal,...
Oil tanks

Why U.S. oil companies aren’t rushing to increase production

Oil and gasoline prices continue to climb, and energy company profits are surging. President Biden, who came into office promising to reduce the use...

Energy Department OKs additional LNG exports from future Louisiana terminal

The Energy Department on Wednesday authorized additional exports of liquefied natural gas from planned terminals in Texas and Louisiana, reports The Associated Press. The orders...

ExxonMobil profits surge despite $3.4B hit from pulling out of Russia

ExxonMobil reported $5.48 billion in profits during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with...

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