Louisiana’s oil and gas sector to shrink slightly in 2023
Louisiana’s oil and gas industry is expected to shrink slightly this year due to a combination of economic and geopolitical factors, reports Louisiana Illuminator.
Most...
LNG drives Gulf Coast investment, gas production
Natural gas production out of the U.S. Gulf Coast should rise over the next decade as it continues to look toward the export market,...
Natural gas drilling inches higher in U.S. as oil slides
The U.S. natural gas rig count rose one unit to 156 for the week ended Friday, while the loss of one rig in the...
Tallgrass sells 500 acres in Louisiana to restore coastline
Midstream oil and gas giant Tallgrass announced last week that it would sell 500-plus acres in Louisiana to help restore the eroding coastline and...
ExxonMobil sues to block EU windfall tax
U.S. oil major ExxonMobil is suing the European Union in a bid to force it to scrap the bloc’s new windfall tax on oil...
Louisiana lumber mill expansion to service oil field market
Great Southern Wood Preserving, the lumber processing company best known for its YellaWood brand pressure-treated pine, announced a $5.9 million expansion of its Avoyelles...
Mammoet to provide ‘super bridge’ for Louisiana gas project
Mammoet, a global market leader in heavy lifting and transport, has been awarded the contract to provide an adjustable super bridge as a levee...
U.S. on track to becoming a net oil exporter in 2023
The U.S. has become a global crude oil exporting power over the last few years. Despite this, exports have not exceeded its imports since...
Harvest MidStream to purchase former Alliance Refinery
Harvest MidStream announced that it has entered into an agreement with Phillips 66 to purchase the Belle Chasse Terminal, formerly the Alliance Refinery, in...
Global LNG supply expected to rise in 2023; demand uncertain
Global LNG supply may increase nearly 4 percent next year compared with 2022, says Clark Williams-Derry, analyst at the Institute for Energy Economics and...
