Oil & Gas

Venture Global to store carbon at Calcasieu Pass, Plaquemines LNG sites

Venture Global LNG plans to capture and sequester carbon at its Calcasieu Pass and Plaquemines LNG facilities, according to the company's May 27 press...

Activist investor shakes up ExxonMobil board by winning seats

Activist investor Engine No. 1 won at least two seats on the board of ExxonMobil, delivering a sharp rebuke to the nation’s largest oil...

Haynesville shale to play bigger role as Gulf Coast LNG surges

Louisiana's Haynesville shale provides the biggest near-term growth opportunity for Williams, a mid-stream natural gas company, due to demand for feed gas supplies to...

Busy hurricane season threatens beleaguered Gulf Coast industry

The U.S. National Oceanic and Atmospheric Administration (NOAA) is predicting a 60 percent chance of an above-normal Atlantic hurricane season this year, although it...

SEACOR boat capsized while lowering legs, turning into wind

An offshore oil industry boat operated by SEACOR Marine had begun to lower its legs and was trying to turn to face heavy winds...

Rig count increase sign of industry recovery

U.S. drillers have added more than 100 rigs so far this year, another sign of the industry’s recovery from the pandemic-driven oil bust, The Houston...

Edwards urges Senate committee to lift offshore lease moratorium

While testifying in front of the Senate Energy and Natural Resources Committee on May 13, Gov. John Bel Edwards asked that the pause on...

Pipeline cyberattack exposes energy infrastructure vulnerabilities

Though the Colonial Pipeline that supplies fuel to nearly half the East Coast is back up and running again after a five-day shutdown caused...

Abandoned oil well bill passes Louisiana House

The Louisiana House of Representatives has unanimously passed HB662, which would exempt oil produced by abandoned oil wells from severance tax, Louisiana Illuminator reports. The bill, introduced...

G2 Net-Zero LNG to debut new technology at Lake Charles area plant

G2 Net-Zero LNG's planned export facility in the Lake Charles area will be the first to integrate NET Power’s Allam-Fetvedt Cycle technology, following the...

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