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Rig counts rise, but lag far behind 2018 peak

The number of drilling rigs operating in U.S. oil fields increased by nine this week as crude prices climbed above $74 a barrel, The Houston...

Cameron LNG’s Ahrabi to retire in January

Cameron LNG announced last week that Farhad Ahrabi, CEO, will be retiring at the end of January 2022, after seven years of service with...

LNG optimism improves with new supply deals

Cheniere Energy Inc. is discussing commercially sanctioning an LNG growth project in 2022, while other LNG developers are signing supply deals, reports S&P Global. The...

Energy Department lowers offshore production estimates

The Energy Department lowered its oil production estimates in the Gulf of Mexico after Hurricane Ida temporarily halted production at the vast majority of...

Most Louisiana refineries are back up and running; production is another story

Most of the nine Louisiana refineries shut by Hurricane Ida have restarted or were restarting on Friday, nearly two weeks after the powerful storm...

Oil companies lend millions of dollars in aid to communities impacted by Hurricane Ida

Major oil companies that do business in Louisiana are donating millions of dollars to communities impacted by Hurricane Ida. ExxonMobil Corp. in Baton Rouge  is...

Feds outline plans to move forward with Lease Sale 257 in the Gulf of...

A sale notice for Lease Sale 257 in the Gulf of Mexico will likely be published in the Federal Register this month, under plans...

Calcasieu Pass export terminal, Sabine Pass train 6 expected by year’s end

LNG growth just keeps coming to Louisiana. As Natural Gas Intelligence reports, indications are that both the Calcasieu Pass export terminal and a sixth train at the...

Venture reaches 20-year deal with Polish gas company for Louisiana LNG

Venture Global LNG has finalized a 20-year deal with Polish Oil and Gas Company. PGNiG will purchase an additional 2 million tonnes per year of...

Louisiana gets fuel from Strategic Petroleum Reserve

The Energy Department has authorized the release of some of its strategic oil supply to help Louisiana combat a significant fuel shortage brought on...

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