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Scalise hopes energy bill will have life beyond the House

Passage of a comprehensive energy bill that would roll back environmental changes made by the Biden administration could create a revenue windfall for Louisiana,...

$264M offered in Gulf oil lease sale held as part of climate bill compromise

Oil companies offered a combined $264 million for drilling rights in the Gulf of Mexico in a sale last week, which was mandated by...

More than 100 of state’s orphan wells plugged in last two months

More than 100 abandoned oil wells in Louisiana, which can leak chemicals and threaten the environmental health of an area, have been plugged during...

Danos acquires Wood offshore labor supply

Louisiana-based energy services company Danos last week finalized its acquisition of Wood’s offshore labor supply operations in the Gulf of Mexico. This is Danos’ fourth...

Venture Global sanctions second phase of Plaquemines LNG project

Venture Global LNG Inc. said Monday that it would go forward with the second phase of its Plaquemines export terminal under development in Louisiana...

Federal offshore revenue sharing now top priority for House as committee advances bill

For the first time in a decade, a U.S. House committee advanced legislation last week that would increase the federal offshore royalties that Louisiana...

Transformation of Lake Charles borne of adversity

Southwest Louisiana has proved that it can take challenges in stride, reports Site Selection magazine. Nearly 20 years ago, much of the region needed...

Proposed Lake Charles LNG plant poised to leapfrog over rivals

At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to...
Freight

Worldwide oil demand trending higher

The world will burn more oil than ever this year, the International Energy Agency forecasts, as China’s emergence from COVID-19 lockdowns returns global crude...

Natural Gas Export Expansion bill aims to increase LNG exports

Louisiana Sen. John Kennedy last week joined Sen. Ted Cruz, R-Texas, Sen. Shelley Moore Capito, R-West Virginia, and Sen. Kevin Cramer, R-North Dakota, in...

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