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Shell expands Gulf drilling despite mixed signals on future leases

Uncertainty about the future of oil and gas leases in the Gulf of Mexico under the Biden administration has drillers on edge, but Shell,...

Vito, Shell’s new offshore platform, will make money at almost any oil price

Nicknamed Vito, Shell's new multibillion-dollar offshore oil platform is set to launch off the coast of Louisiana in June. Its costs have been cut...

Industry officials: Jobs, economy and tax revenue at risk from oil lease delays

Oil industry officials are raising concerns that a delay in the federal government's Gulf of Mexico leasing program could cost Louisiana thousands of jobs...

Energy Conference: API to push for continued federal oil, natural gas leasing

The American Petroleum Institute (API) plans to push for continued access to federal leasing and advocate that producers advance their work to reduce carbon...

Haynesville shale to play bigger role as Gulf Coast LNG surges

Louisiana's Haynesville shale provides the biggest near-term growth opportunity for Williams, a mid-stream natural gas company, due to demand for feed gas supplies to...

Rig count increase sign of industry recovery

U.S. drillers have added more than 100 rigs so far this year, another sign of the industry’s recovery from the pandemic-driven oil bust, The Houston...

API’s Sommers tours Louisiana to fight offshore drilling ban

Mike Sommers, chief executive officer of the American Petroleum Institute, got the whirlwind tour of Louisiana last week, meeting with membership companies and politicians...

Industry groups bemoan oil lease sale cancellation

Louisiana industry groups say the state’s oil and gas industry is in danger, with the latest evidence being President Biden's cancellation of a March...

Danos wins multi-year offshore contract

A major oil and gas producer has awarded Danos of Gray, La., a multi-year contract for production operations in the Gulf of Mexico. Danos will...

U.S. rig count jumps in latest January numbers

The total U.S. oil and gas rig count jumped by 18 to 424 in the week ending Jan. 13, with the Permian Basin seeing...

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