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Oil, gas companies could pay higher royalties under proposed rule

Oil and gas companies would have to pay more to drill on public lands and satisfy stronger requirements to clean up old or abandoned...

Grand Isle Shipyard consolidating Baton Rouge area offices in a new campus

Galliano-based Grand Isle Shipyard, an oil and gas services company, is planning to consolidate its Capital Region operations with a new campus along Innovation Drive. Todd...

Energy Transfer Partners enters long-term agreements for Lake Charles LNG

Dallas-based Energy Transfer LP has entered into three long-term offtake liquefied natural gas (LNG) agreements for its Lakes Charles LNG project, reports Rigzone. The three...

Energy sector gets left behind as Wall Street exits bear market

Falling crude oil prices and lingering worries about the global economy have been sapping power from energy stocks throughout 2023, reports the Associated Press. The...

Venture Global gets lion share of ITEP tax breaks

The Louisiana Board of Commerce and Industry approved more than $187 million worth of industrial tax exemptions on Friday in its first meeting since...

Federal pipeline agency could set up national center in Lake Charles

The new LNG Center for Excellence at McNeese State University could become home to the Pipeline and Hazardous Materials and Safety Administration (PHMSA) National...

Petroleum production on pace for record year

American petroleum production is on pace for a record-breaking year, helping keep energy prices stable despite the efforts of other major oil exporters to...

U.S. LNG project approvals on track for record new volumes

U.S. liquefied natural gas (LNG) developers are on track to approve three export projects capable of processing 5.1 billion cubic feet per day of...

U.S. oil refiners again expand fuel capacity after big shrink

U.S. crude oil refining capacity has reversed two years of declines and climbed by more than 100,000 barrels, to 18.1 million barrels per day,...

C-Innovation opens remote offshore oil survey office in Houma

C-Innovation, an affiliate of Edison Chouest Offshore and its family of companies, has opened a remote offshore oil survey office to Houma, reports World...

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