Biden administration to sell new oil leases while nurturing offshore wind
The U.S. government is moving urgently to nurture new offshore wind and carbon capture and storage (CCS) industries despite some economic hurdles, reports World...
Natural gas investors leaving Marcellus for Haynesville
Capital from private investors and banks is leaving the Marcellus/Utica region and is instead heading to the Haynesville Shale in Louisiana and East Texas,...
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...
