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Tellurian gets an 18-month extension on $75 million in loans

Creditors are giving Houston liquefied natural gas company Tellurian an 18-month life line in the face of tough market conditions that include the ongoing...

Gulf of Mexico oil and gas lease bidding drops to new low

Bidding on federal oil and gas leases in the Gulf of Mexico last week was the lowest since the sales began in August 2017—and...

Shell official advocates for a preemptive approach to offshore pipeline protection

Shell Pipeline’s Donnie Garrison touts a proactive approach to protecting the Louisiana’s thousands of miles of offshore pipeline. Taking an early role in re-creating...

Dismukes: Petrochem industry likely to cut back on planned expansions

Four days into the oil price war that was ignited last week, when Saudi Arabia said it would flood the market with oil at...
Cameron LNG

Cameron LNG’s train 2 starts generating revenue

Cameron LNG's second train of the liquefaction-export infrastructure project in Hackberry, has begun commercial operations under Cameron LNG's tolling agreements, Sempra Energy has announced. Train...

Tellurian cuts workforce by 40%, contemplates Driftwood delay

Tellurian Inc. has cut roughly 40% of its workforce in a restructuring effort designed to cut  costs and focus on the company's planned $29...

Global oil price drop expected to impact Louisiana industry, budget

Saudi Arabia is tanking worldwide oil prices over a dispute with Russia about how to handle the economic turmoil resulting from the COVID-19 epidemic. The...

Top exec: Oil demand will grow long-term

Current market conditions aside, the president of ExxonMobil Fuels & Lubricants remains bullish about fossil fuels and expects demand for oil and gas to...

Singapore company wants to buy Magnolia LNG developer

A private liquefied natural gas firm from Singapore wants to buy LNG Limited, an Australian company that hopes to build the Magnolia LNG export...

ExxonMobil Baton Rouge refinery earns EPA Energy Star certification

ExxonMobil Baton Rouge Refinery has earned the U.S. Environmental Protection Agency’s Energy Star certification, which signifies that the facility performs in the top 25%...

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