Louisiana energy companies wasted $82M in natural gas, analysis finds
A new environmental advocacy group analysis released last week found Louisiana’s oil and gas industry wasted over $82 million worth of natural gas in...
Tellurian to sell Driftwood LNG land for $1 billion, then lease
Tellurian, the company behind the Driftwood LNG project in Louisiana, has signed a letter of intent to sell 800 acres of the land to...
G2 Net-Zero scraps plans for Cameron Parish LNG terminal
Baton Rouge-based G2 Net-Zero has scrapped plans to build an LNG export facility with a capacity of about 13 MTPA in Cameron Parish, reports...
Bunge to acquire Fuji Oil refinery at Avondale Terminal
Bunge, a global leader in agribusiness, food and ingredients, announced that it has entered into a purchase agreement with Fuji Oil New Orleans LLC...
Feds award first grants for repair, replace of natural gas pipelines
Federal officials last week announced the first $196 million of grants in a $1 billion program that will repair and replace aging and sometimes...
How soon could ExxonMobil’s low-carbon business overtake oil and gas revenues?
ExxonMobil’s low-carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company’s traditional oil and gas side...
Scalise hopes energy bill will have life beyond the House
Passage of a comprehensive energy bill that would roll back environmental changes made by the Biden administration could create a revenue windfall for Louisiana,...
$264M offered in Gulf oil lease sale held as part of climate bill compromise
Oil companies offered a combined $264 million for drilling rights in the Gulf of Mexico in a sale last week, which was mandated by...
More than 100 of state’s orphan wells plugged in last two months
More than 100 abandoned oil wells in Louisiana, which can leak chemicals and threaten the environmental health of an area, have been plugged during...
Danos acquires Wood offshore labor supply
Louisiana-based energy services company Danos last week finalized its acquisition of Wood’s offshore labor supply operations in the Gulf of Mexico.
This is Danos’ fourth...