Louisiana adds nearly 4,000 oilfield jobs in December
The U.S. oilfield services and equipment sector added 7,450 jobs in December, even as overall hiring in the U.S. slowed, according to a report...
Louisiana seeks federal money to plug 4,605 orphan wells
Louisiana, home to 4,605 orphan oil and gas wells, plans to ask the federal government for an Infrastructure Investment and Jobs Act grant to...
Why energy prices rose more than other commodities in 2021
Energy prices rose an average of 59% last year, the most of any commodity, as the economic recovery from the global pandemic boosted demand...
LNG export terminal utilization remains robust despite price declines
Overall, U.S. LNG export activity remained robust with cargo values almost four times higher than at the same time a year ago, despite recent...
Louisiana’s coastal towns see population drain as oil, gas opportunities decline
Several Louisiana coastal towns that rely on the petroleum industry are experiencing a population drain as the country shifts to more renewable energy sources...
Appeals court rules in favor of Terrebonne Parish government in coastal lawsuit
An appeals court has ruled in favor of Terrebonne Parish government in a lawsuit over the manner in which the Louisiana Department of Natural...
Area energy leaders optimistic about ‘22 natural gas prices
Executives in Louisiana, Texas and New Mexico are forecasting Henry Hub natural gas prices to average $4.06/MMBtu at the end of 2022, reports Natural...
Oil and gas firms planning to boost production in 2022
The Dallas Federal Reserve Bank published results of a new poll last week showing that almost half of 131 oil and gas firms surveyed...
EIA sees 2022 crude oil prices below 2021 peaks
The U.S. Energy Information Administration expects lower crude oil prices in 2022, compared with the November highs of 2021, and projects an average price...
Foreign LNG demand sends buyers flocking to Gulf Coast
Outside interest in American natural gas is surging, with LNG developers along the Gulf Coast landing a record number of contracts this year, boosting...
