Venture Global sanctions second phase of Plaquemines LNG project
Venture Global LNG Inc. said Monday that it would go forward with the second phase of its Plaquemines export terminal under development in Louisiana...
Federal offshore revenue sharing now top priority for House as committee advances bill
For the first time in a decade, a U.S. House committee advanced legislation last week that would increase the federal offshore royalties that Louisiana...
Transformation of Lake Charles borne of adversity
Southwest Louisiana has proved that it can take challenges in stride, reports Site Selection magazine. Nearly 20 years ago, much of the region needed...
Proposed Lake Charles LNG plant poised to leapfrog over rivals
At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to...
Worldwide oil demand trending higher
The world will burn more oil than ever this year, the International Energy Agency forecasts, as China’s emergence from COVID-19 lockdowns returns global crude...
Natural Gas Export Expansion bill aims to increase LNG exports
Louisiana Sen. John Kennedy last week joined Sen. Ted Cruz, R-Texas, Sen. Shelley Moore Capito, R-West Virginia, and Sen. Kevin Cramer, R-North Dakota, in...
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...
Oil patch slowdown drives double-digit drop in rig count
Driven by declines in the oil patch, the U.S. rig count tumbled 12 units lower to finish at 759 for the week ended Feb....
LSU professor: Orphaned oil wells can boost production while sequestering CO2
LSU petroleum engineering professor Dandina Rao has come up with a plan that would increase oil production as well as reduce greenhouse gas emissions...
BP dials back push into renewable energy
BP Chief Executive Bernard Looney plans to dial back elements of the oil giant’s high-profile push into renewable energy and pursue a narrower green...
