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Oil industry opposes proposed royalty increase

New proposals by the Biden administration and Congress could have a major impact on Louisiana's oil and gas industry, reports Houma Today. On Nov. 26, ...

LSU report: Louisiana to reach new highs in refining, chemical employment

The LSU Center for Energy Studies unveiled the 2022 edition of its Gulf Coast Energy Outlook during a Nov. 17 webinar, predicting that Louisiana...

Landry says Gulf lease sale could deliver $100 million to Louisiana

Louisiana Attorney General Jeff Landry is touting last week’s oil-and-gas land lease sale—the first to take place during the Biden administration—saying it could deliver...

Offshore industry faces mounting challenges

Numerous events in 2021 have sought to cripple the offshore oil and gas industry, long known for being the underdog and rising when faced...

Analysts forecasting oil prices will again top $100 a barrel

Former BP Chairman Bob Dudley said six years ago that oil prices would be lower for longer. Today, analysts are instead predicting higher for...

Americas LNG Summit convenes in Lake Charles

Top-level executives in the LNG export industry attended the Americas LNG Summit and Exhibition in Lake Charles last week, reports KPLC News. The two-day...

Enterprise to add capacity to Acadian Gas Pipeline System

Enterprise Products Partners LP is seeking to expand its Acadian natural gas system in Louisiana amid increased activity among its producer customers in the...

Big oil gives booming profits back to shareholders rather than drill

Big oil companies are generating their biggest cash flows in years and heeding investor calls to return it to shareholders instead of using it...

FERC OKs early site work at Venture Global Louisiana Plaquemines LNG

Venture Global LNG received permission on Oct. 29 to start early site work on the company's proposed Plaquemines export plant, reports Reuters. The Federal...

Emissions from federal oil and gas lease sales under increased scrutiny

Oil and gas lease sales—one of the tent poles propping up Louisiana’s economy—are again under scrutiny from the Biden administration, report the Associated Press....

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