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Woodside reaches $17.5B investment decision on Lake Charles LNG facility

Australia-based Woodside Energy Group has reached a $17.5 billion final investment decision on its liquefied natural gas production and export facility in Lake Charles. Officials...
Tariffs

Energy firm foresees a $1.2B hit to its Louisiana LNG project due to tariffs

Woodside Energy says it’s assessing the impact that President Donald Trump’s tariffs could have on its $1.2 billion liquefied natural gas project in Louisiana, Reuters...

Why Chevron, BP and other oil giants are moving jobs to India

Chevron, BP and other oil companies are moving more specialized white-collar positions and related work to lower-cost labor pools in countries such as India,...

Chevron begins oil and gas production from Ballymore project off of Louisiana

Chevron on Monday morning announced it has started oil and natural gas production from its Ballymore project off the Louisiana coast. The deepwater project is the latest...

Woodside Energy finds a $5.8B partner for Louisiana LNG

Woodside Energy has found a partner for a multibillion dollar investment in a liquefied natural gas production and export terminal in Calcasieu Parish, The Wall...

A Baton Rouge company will manage the nation’s Strategic Petroleum Reserve

Baton Rouge-based Aptim and joint venture partner BWX Technologies Inc. have been tapped by the U.S. Department of Energy to manage and operate the...

BP discovers a new oil deposit some 120 miles off the Louisiana coast

BP has discovered a new oil deposit in the U.S. Far South prospect in the Gulf, off the coast of Louisiana, The Wall Street Journal reports. The...

Chevron gets hit with a $740M verdict over Louisiana’s wetlands

Oil company Chevron must pay at least $740 million to restore damage it caused to southeast Louisiana’s coastal wetlands, a jury ruled on Friday...

Crude inventories rise sharply as refineries scale back

U.S. crude oil inventories increased sharply last week as imports rose and refineries reduced their capacity use, according to data released Wednesday by the...

Why are Louisiana’s oil and gas production numbers declining?

Louisiana crude oil and natural gas production both saw year-over-year dips in January, according to newly released data from the Energy Information Administration. Crude oil production stood...

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