Oil & Gas

ExxonMobil plans move to Texas

ExxonMobil plans to ask shareholders to approve moving its legal home from New Jersey to Texas, a shift CEO Darren Woods says would better protect...

Why American frackers are in no hurry to increase drilling

U.S. shale producers are resisting the urge to ramp up drilling even as rising geopolitical tensions push oil prices higher, The Wall Street Journal writes.  Instead, companies...

Coast Guard responds to LOOP oil spill

The U.S. Coast Guard is responding to a spill at the Louisiana Offshore Oil Port, the country's only VLCC-capable loading terminal, reports Maritime Executive....

IRS awards $370M tax break to LNG exporter Cheniere

The Trump administration has approved a $370 million tax break for liquefied natural gas exporter Cheniere, allowing the company to claim a federal “alternative...

From first cargo to global leader: US LNG’s 10-year surge

Ten years after the first liquefied natural gas cargo departed from Sabine Pass in Louisiana, the U.S. has cemented its position as the world’s...
Austin Chalk

Haynesville forecast to lead U.S. shale growth in next two years

Domestic natural gas production is expected to increase by an average of 4 billion cubic feet per day, or 3.4 percent, in the next...

Louisiana LNG terminal projects are caught in US-Korea trade crossfire

A U.S. request for South Korea to invest in Louisiana’s liquefied natural gas industry has emerged as a flashpoint in trade negotiations, with President...

Why U.S. shale output is holding up in a $60 oil world

U.S. oil production is defying gravity—and expectations, The Wall Street Journal writes.  Despite crude prices falling below $60 a barrel and rig counts shrinking, American producers...

LSU–Woodside deal ties college sports to Louisiana’s LNG boom

LSU Athletics announced on Monday a multiyear partnership with Woodside Energy that will place the company’s logo on competition apparel across all 21 LSU varsity...

Haynesville natural gas renaissance or mirage? Region’s rigs bounce back

Drilling activity in the Haynesville Shale jumped by seven rigs to a 32-month high last week, led by Citadel LLC-backed Apex Natural Gas LLC,...

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