Louisiana’s coastal towns see population drain as oil, gas opportunities decline
Several Louisiana coastal towns that rely on the petroleum industry are experiencing a population drain as the country shifts to more renewable energy sources...
Appeals court rules in favor of Terrebonne Parish government in coastal lawsuit
An appeals court has ruled in favor of Terrebonne Parish government in a lawsuit over the manner in which the Louisiana Department of Natural...
Area energy leaders optimistic about ‘22 natural gas prices
Executives in Louisiana, Texas and New Mexico are forecasting Henry Hub natural gas prices to average $4.06/MMBtu at the end of 2022, reports Natural...
Oil and gas firms planning to boost production in 2022
The Dallas Federal Reserve Bank published results of a new poll last week showing that almost half of 131 oil and gas firms surveyed...
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...
