Oil & Gas

Angelle to discuss offshore oil & gas importance during Oct. 28 webcast

Scott A. Angelle, former director of the U.S. Bureau of Safety and Environmental Enforcement, will discuss the importance of the offshore oil & gas...

Feds schedule Gulf offshore oil lease sale for November

President Joe Biden’s administration says it has followed a court order to schedule an offshore oil and gas lease sale for the Gulf of...

ExxonMobil presses on after other oil giants drop green algae as biofuel

Some scientists regard ExxonMobil Corp.’s long-running quest to turn algae into a transportation fuel as little more than a PR stunt. ExxonMobil says they...

State’s industry could benefit from rising natural gas prices

Demand for natural gas has risen in recent months while the supply has fallen, causing prices to spike domestically and especially overseas. “Gas market chaos”...

Rig counts rise, but lag far behind 2018 peak

The number of drilling rigs operating in U.S. oil fields increased by nine this week as crude prices climbed above $74 a barrel, The Houston...

Cameron LNG’s Ahrabi to retire in January

Cameron LNG announced last week that Farhad Ahrabi, CEO, will be retiring at the end of January 2022, after seven years of service with...

LNG optimism improves with new supply deals

Cheniere Energy Inc. is discussing commercially sanctioning an LNG growth project in 2022, while other LNG developers are signing supply deals, reports S&P Global. The...

Energy Department lowers offshore production estimates

The Energy Department lowered its oil production estimates in the Gulf of Mexico after Hurricane Ida temporarily halted production at the vast majority of...

Most Louisiana refineries are back up and running; production is another story

Most of the nine Louisiana refineries shut by Hurricane Ida have restarted or were restarting on Friday, nearly two weeks after the powerful storm...

Oil companies lend millions of dollars in aid to communities impacted by Hurricane Ida

Major oil companies that do business in Louisiana are donating millions of dollars to communities impacted by Hurricane Ida. ExxonMobil Corp. in Baton Rouge  is...

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