EIA sees 2022 crude oil prices below 2021 peaks
The U.S. Energy Information Administration expects lower crude oil prices in 2022, compared with the November highs of 2021, and projects an average price...
Foreign LNG demand sends buyers flocking to Gulf Coast
Outside interest in American natural gas is surging, with LNG developers along the Gulf Coast landing a record number of contracts this year, boosting...
Taylor Oil, feds settle lawsuit over leaking wells
A New Orleans-based oil company has agreed to turn over a $432 million cleanup trust fund and pay an additional $43 million to settle...
LMOGA appoints Faucheux as new president
Louisiana Mid-Continent Oil and Gas Association (LMOGA) announced last week that it has selected Tommy Faucheux as its new president, beginning Jan. 10.
A native...
Haynesville Shale, LNG players work both offense and defense during energy transition
Natural gas remains in the energy transition spotlight as more producers have recently announced environmental certification of their products, even as the industry pushes...
Louisiana among states warning banks against targeting energy companies
Louisiana Treasurer John Schroder cosigned a letter with 15 other state treasurers and chief financial officers warning large banks to back off an “ongoing...
Venture Global announces $10 billion investment in Cameron LNG facility
Venture Global LNG CEO Mike Sabel announced Dec. 2 that his company would invest more than $10 billion in a new liquefied natural gas...
BSEE conducts unannounced spill response exercise in Gulf of Mexico
The Bureau of Safety and Environmental Enforcement (BSEE) preparedness analysts and engineers conducted a virtual Government Initiated Unannounced Exercise (GIUE) in the Gulf of...
Tallgrass Energy cancels $2.5 billion export terminal in Plaquemines Parish
The energy infrastructure company Tallgrass Energy Partners is canceling a $2.5 billion oil export terminal and pipeline project in Plaquemines Parish, citing climate, economic...
Louisiana establishes stricter rules for oilfield tanks after accident
Louisiana regulators have established new rules for oilfield tank batteries after an explosion killed a 14-year-old girl, and plan to identify all such storage...
