Shell to scale back exploration, development workforce by 20 percent
Shell plans to scale back its oil and gas exploration and development workforce by 20%. The move comes as CEO Wael Sawan widens his...
Oil companies expand offshore drilling
Oil companies such as Shell are betting that the world will need oil and gas for decades to come, reports the New York Times....
New GPS life vest law protects offshore workers traveling to Gulf rigs
A new state law mandating that workers flying to Gulf of Mexico oil rigs wear life jackets with personal locator beacons went into effect...
Here’s what LOGA has to say about the revised oil and gas leasing plan
LOGA President Mike Moncla today declared the U.S. Department of Interior’s newly released five-year plan for federal offshore oil and gas leasing will “curtail discoveries for...
Biden administration to sell new oil leases while nurturing offshore wind
The U.S. government is moving urgently to nurture new offshore wind and carbon capture and storage (CCS) industries despite some economic hurdles, reports World...
Natural gas investors leaving Marcellus for Haynesville
Capital from private investors and banks is leaving the Marcellus/Utica region and is instead heading to the Haynesville Shale in Louisiana and East Texas,...
Shell expands Gulf drilling despite mixed signals on future leases
Uncertainty about the future of oil and gas leases in the Gulf of Mexico under the Biden administration has drillers on edge, but Shell,...
Vito, Shell’s new offshore platform, will make money at almost any oil price
Nicknamed Vito, Shell's new multibillion-dollar offshore oil platform is set to launch off the coast of Louisiana in June. Its costs have been cut...
Industry officials: Jobs, economy and tax revenue at risk from oil lease delays
Oil industry officials are raising concerns that a delay in the federal government's Gulf of Mexico leasing program could cost Louisiana thousands of jobs...
Energy Conference: API to push for continued federal oil, natural gas leasing
The American Petroleum Institute (API) plans to push for continued access to federal leasing and advocate that producers advance their work to reduce carbon...
