Louisiana’s oil and gas sector to shrink slightly in 2023
Louisiana’s oil and gas industry is expected to shrink slightly this year due to a combination of economic and geopolitical factors, reports Louisiana Illuminator.
Most...
U.S. on track to becoming a net oil exporter in 2023
The U.S. has become a global crude oil exporting power over the last few years. Despite this, exports have not exceeded its imports since...
Global LNG supply expected to rise in 2023; demand uncertain
Global LNG supply may increase nearly 4 percent next year compared with 2022, says Clark Williams-Derry, analyst at the Institute for Energy Economics and...
Waning consumer demand puts U.S. ports in a different place
In January, 109 container ships waited off the California coast to unload cargo in Los Angeles and Long Beach, and importers were paying $20,000...
After just two years, Smart Port initiative now at 70 vessels
Just two years after the launch of the Lower Mississippi River Smart Port & Resilience Center by The Water Institute of the Gulf, some...
Rail grant provides $1.5 million for NOPB transloading park
Last week, the Louisiana Department of Transportation and Development announced the first projects selected to receive $3 million in grant funding under the Class...
Manufacturing activity contraction could signal economic slowdown
An index measuring factory activity shows a contraction for the first time since 2020, according to the Institute for Supply Management’s index of manufacturing...
Regulators OK deepwater oil terminal off Texas coast
The federal Maritime Administration has cleared the way for the licensing of a deepwater Sea Port Oil Terminal, or SPOT, 30 miles south of...
Mississippi River drought now a stabilized crisis
A record-breaking drought throughout the Mississippi River basin is finally beginning to ease, reports The Gazette.
Low water levels impacted barge traffic and grain exports...
Sempra Infrastructure, Williams ink agreement for LNG projects
Sempra Infrastructure has entered into an agreement with Williams for the offtake of LNG and development of associated natural gas pipeline projects, reports LNG...