Louisiana Republicans advance tax breaks for oil industry
Republican lawmakers abandoned their cautious approach to tax incentives last week and advanced a bill that would cost the state and parish governments millions...
Rising costs, competition threaten U.S. LNG boom
Intense competition between developers and escalating costs are complicating efforts to bring new liquefied natural gas projects on line in the U.S., even amidst...
Louisiana Energy Conference set for May 30-June 1 in New Orleans
The 2023 Louisiana Energy Conference will be held in-person May 30-June 1 at The Ritz-Carlton in New Orleans, according to an announcement by event...
ExxonMobil’s hunt for a fracking acquisition signals industry shift in the oil patch
ExxonMobil’s hunt for a blockbuster deal in U.S. shale could kick off a bonanza of deal-making in the oil patch as drillers look to...
Louisiana energy companies wasted $82M in natural gas, analysis finds
A new environmental advocacy group analysis released last week found Louisiana’s oil and gas industry wasted over $82 million worth of natural gas in...
Tellurian to sell Driftwood LNG land for $1 billion, then lease
Tellurian, the company behind the Driftwood LNG project in Louisiana, has signed a letter of intent to sell 800 acres of the land to...
G2 Net-Zero scraps plans for Cameron Parish LNG terminal
Baton Rouge-based G2 Net-Zero has scrapped plans to build an LNG export facility with a capacity of about 13 MTPA in Cameron Parish, reports...
Bunge to acquire Fuji Oil refinery at Avondale Terminal
Bunge, a global leader in agribusiness, food and ingredients, announced that it has entered into a purchase agreement with Fuji Oil New Orleans LLC...
Feds award first grants for repair, replace of natural gas pipelines
Federal officials last week announced the first $196 million of grants in a $1 billion program that will repair and replace aging and sometimes...
How soon could ExxonMobil’s low-carbon business overtake oil and gas revenues?
ExxonMobil’s low-carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company’s traditional oil and gas side...
