Oil & Gas

Murphy Oil begins production in Gulf ahead of schedule

U.S.-based Murphy Oil has started oil production from a new deepwater Gulf of Mexico project ahead of schedule, reports Offshore Technology. The firm said that...

TotalEnergies signs Cameron LNG expansion agreement

TotalEnergies has signed a "heads of agreement" with Sempra Infrastructure, Mitsui & Co. Ltd. and Japan LNG Investment for the expansion of Cameron LNG,...

Biden increases oil royalty rate, scales back lease sales

The Interior Department said it’s moving forward with the first onshore sales of public oil and natural gas drilling leases under President Joe Biden, but will...

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...

Senate passes bill to position Louisiana for $200 million in orphaned oil well grants

The Louisiana Senate approved a bill April 4 that would position Louisiana to receive nearly $200 million in federal grants to fix orphaned oil...

Venture Global to buy gas from NextEra for Louisiana Plaquemines LNG

Venture Global LNG has agreed to buy natural gas for its Plaquemines LNG export plant in Louisiana, expected to start up in 2024, from...

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...

New Fortress Energy seeks permits for offshore LNG terminal

New Fortress Energy Inc. announced last week that it has filed applications with the U.S. Maritime Administration, the U.S. Coast Guard and U.S. Department...

Federal regulators pull back on plan to assess climate impact of gas pipelines

Amid pushback from industry and lawmakers in both parties, federal energy regulators on March 24 scaled back plans to consider how natural gas projects...

Lake Charles patent could shake up oil industry

Polaris EPC in Lake Charles has been awarded a patent that might significantly reduce the local dependence on oil imports, reports KPLC News. The technology...

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