Oil & Gas

LED secretary: Louisiana has set a ‘new standard’

Speaking at Business Report’s Power Breakfast in Baton Rouge on Tuesday, Louisiana Economic Development Secretary Susan Bourgeois described a state that has staged an impressive...

Stronger global economy lifts oil forecast, but oversupply risks linger

The International Energy Agency has raised its outlook for global oil demand growth this year, citing a stronger economic backdrop and lower crude prices,...

Why Chevron isn’t racing back into Venezuela

President Donald Trump wants U.S. oil majors to rush roughly $100 billion into reviving Venezuela’s battered petroleum industry after Nicolás Maduro’s ouster, but the...

The US is pumping record oil. So why is the workforce shrinking?

The U.S. oil and gas industry is producing more than ever—yet employing far fewer people, a shift that signals a permanent break from the...

Offshore port licensing shifts to U.S. Maritime Administration

Federal control of offshore deep-water port licensing has shifted from the Coast Guard to the U.S. Maritime Administration, a move supporters say will speed...

McNeese and GTI Energy partner to offer LNG post-baccalaureate certificate

GTI Energy and McNeese State University announced last week that they've formed a strategic education partnership to create an industry-leading post-baccalaureate certificate in LNG...

Haynesville Shale in Louisiana & Texas anchors Mitsubishi’s biggest U.S. gas deal yet

Japanese trading firm Mitsubishi Corp. is expanding its role in the Louisiana and Texas gas industry, announcing a deal to take over $7.5 billion in...

Pelican Institute CEO: Louisiana’s economy is on the line in SCOTUS case

As the U.S. Supreme Court weighs whether Louisiana’s coastal lawsuits against oil and gas companies can be moved from state to federal court, Pelican Institute CEO...

Trump threatens to keep ExxonMobil out of Venezuela

After ExxonMobil’s CEO publicly acknowledged the barriers involved in doing business in Venezuela, President Donald Trump said he may block the company from drilling in...

FERC begins environmental impact study of Argent LNG facility

Federal regulators have begun a study of the potential environmental impacts of a massive LNG export facility proposed by Louisiana-based Argent LNG. The facility...

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