Frackers hold back production as oil nears $100 a barrel
America’s largest frackers are reporting huge profits but plan to keep oil production in low gear this year, adhering to an agreement with Wall...
New activity stirs at Haynesville Shale as oil nears $100
As U.S. oil rises toward $100 a barrel, producers in some high-cost shale basins are buying properties and adding rigs and frack crews in...
Bechtel completes Train 6 at Sabine Pass LNG facility
Cheniere Energy Partners LP, a subsidiary of Cheniere Energy Inc., announced last week that it had achieved substantial completion of Train 6 at the...
Pipeline safeguards weren’t working during New Orleans diesel spill
A corroded pipeline that ruptured and spilled 350,000 gallons of diesel fuel into a New Orleans area wetland did not have a fully functioning...
After perfect storm of disruption, state’s industrial sector faces uncertain times
A host of factors conspired to create a perfect storm for Louisiana’s industrial space over the past two years, ranging from pandemic-induced supply chain...
U.S. rig count sees largest single-week rise since 2018
The number of active oil and gas drilling rigs in the U.S. rose by 22 last week—the 16th straight weekly increase and the largest...
Loren Scott to petrochemical industry: Expect ‘cheap’ natural gas
The Capital Region’s petrochemical industry likely will continue to benefit from low domestic natural gas prices over the next two years, economist Loren Scott...
Louisiana leads U.S. construction job losses on heels of oil, gas decline
Reuters reports that Louisiana endured the steepest one-year construction employment decline of any state in the U.S. in 2021 with a 15% contraction. That...
Entergy to accelerate deployment of renewable energy to Sempra facilities
U.S. LNG infrastructure company Sempra has signed a memorandum of understanding (MoU) with Entergy Louisiana to accelerate the deployment of renewable energy for facilities...
Louisiana industry blasts court decision halting Gulf oil leases
A federal court has rejected a plan to lease millions of acres in the Gulf of Mexico for offshore oil drilling, saying the Biden...
