Woodside tugboat contract boosts Louisiana spend to more than $1B
Woodside Energy has awarded a services contract to Green Tug Towing for the design and construction of four new tugs to be built at...
New LNG Center of Excellence opens in Lake Charles
The LNG Center of Excellence at McNeese State University held its grand opening on Monday. The specialized, 23,000-square-foot facility is designed to be the...
Crude oil shipments to U.S. breaks record
A global market scramble for energy supplies has led to a record number of crude oil tankers heading to the U.S.
Shipping data shows 171...
Coastal projects could be funded by new Gulf oil discovery
A newly discovered offshore oil reserve in the Gulf could fuel coastal restoration efforts in the state, with production potentially starting as soon as...
Supply shocks and shutdowns reduce oil industry’s windfall from Iran conflict
Higher crude prices are failing to fully offset operational disruptions for major energy companies, Bloomberg writes. ExxonMobil and Chevron saw global production drop about 6% in...
DOE offers 30 million barrels of oil from West Hackberry SPR
On Thursday, the DOE offered a third batch of 30 million barrels of sweet, or low-sulfur, crude from the Strategic Petroleum Reserve's West Hackberry site...
Commonwealth LNG nears FID on Cameron Parish terminal
Owners are nearing a Final Investment Decision (FID) on the $12.5 billion Commonwealth LNG export terminal in Cameron Parish, with a call expected in...
Oil surge results in 15-year insider selling record
Oil and gas executives sold roughly $1.4 billion in stock during the first quarter as crude prices spiked following U.S. military action against Iran,...
Venture Global to benefit from global energy shock
Venture Global is set to benefit from the global energy shock, as disruptions in the Middle East tighten LNG supplies, The Wall Street Journal writes.
The...
Trump administration to rejoin offshore drilling agencies separated after 2010 Gulf oil spill
The Trump administration said Friday it is combining two agencies that were separated in the aftermath of the 2010 Gulf oil spill. The Interior...
