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Port NOLA partners form joint venture to manage LIT terminal
Port NOLA announced last week that its private partners have formally incorporated a joint venture to operate the planned Louisiana International Terminal in St. Bernard Parish. Louisiana International Terminal Holdings LLC will manage the...
New bills aim to ban or restrict carbon storage in Louisiana
The divisions are deepening among Republican state legislators over the future of carbon capture and sequestration, Louisiana Illuminator writes. In several recently introduced bills, lawmakers cite property rights concerns and local opposition in their...
Shale drilling expected to rebound as higher prices push production
An improving outlook for shale oil producers, driven by increasing crude prices, is expected to lead to a rebound in U.S. shale oil drilling in 2026, Bloomberg writes.
Analysts estimate U.S. shale could add roughly 815,000...
Delfin to soon issue FID on offshore LNG facility
Delfin LNG is expected to issue an FID (Final Investment Decision) on its LNG facility, to be located off the coast of Louisiana, in a matter of weeks, reports Reuters.
The 13.2 million metric tons...
Oil market possibly headed for bigger price spikes
The shrinking oil supply caused by the disruption of shipments in the Strait of Hormuz raises the risk of broader price spikes in the U.S., The Wall Street Journal writes. Some buyers, in fact, are...
Volatile hurricane season taking shape due to warm Gulf waters
Forecasters offered a dire warning this week, predicting that warm ocean waters could lead to a volatile Atlantic hurricane season, Bloomberg writes.
As many as 11 to 16 named storms are predicted this year by...
Canada to increase natural gas shipments to support Gulf LNG exports
Canada is expected to increase natural gas shipments to support Louisiana and Texas LNG exports, as well as rising power demand from AI data centers.
Officials say additional supply could strengthen export capacity amid tight...
