Louisiana man charged in U.S. Strategic Petroleum Reserve scheme
A Louisiana man used his position overseeing subcontracts for the U.S. Strategic Petroleum Reserve to help steer $15 million in government work to a...
Former Dan-Gulf comptroller sentenced to eight years for embezzlement, tax fraud
A Metairie man who embezzled more than $7 million from a Louisiana heavy-lift cargo company and committed tax fraud will spend more than five...
Contractors indicted for platform leaks off Louisiana coast
Two supervisors with a Houston-based oil company are facing federal charges after U.S. prosecutors said they knowingly allowed oil to leak from their platforms...
Dow settles pollution allegations in Louisiana, Texas
Dow Chemical Co. and two subsidiaries, Performance Materials NA Inc. and Union Carbide Corp., will pay millions to settle allegations that they polluted the...
Local oil industry groups protest drilling ban, Keystone cancellation
Reaction to President Biden’s twin executive actions to ban new oil and gas drilling in the Gulf of Mexico for 60 days and revoke...
BC&I defers Marathon Oil request for ITEP abatement
The Louisiana Board of Commerce and Industry last week put off a vote on a controversial request by Marathon Oil for a property tax...
Oil lobby, tax assessors support change to assessment of oil, gas wells
Louisiana’s oil lobby and tax assessors are pushing support for a Nov. 3 constitutional amendment to change how oil and gas wells are taxed.
Amendment...
Feds owe ExxonMobil $20M for wartime environmental damage in Louisiana, Texas
The U.S. government now owes ExxonMobil $20.3 million for cleaning up environmental damage from producing war materials at its Baton Rouge and Baytown, Texas,...
Raid targets Bollinger Shipyards in ‘criminal investigation’
Federal agents with the U.S. Department of Homeland Security led a raid last week on Bollinger Shipyards’ main facility on Highway 308 in Lockport...
Chesapeake bankruptcy includes Louisiana entities
Chesapeake Energy Corporation has voluntarily filed for Chapter 11, a move that includes several of its Louisiana entities.
The company has filed for protection in...
