Driftwood LNG developer pays down $57M in debt
A company hoping to begin construction on a $16.8 billion LNG export project in Louisiana this summer has paid down $57 million of its...
BC&I revisiting Marathon Oil’s controversial ITEP request
The Louisiana Board of Commerce & Industry on Wednesday will again consider whether to grant Marathon Oil’s controversial request for a property tax abatement...
Danos promotes two executives
Gray-based oilfield-services company Danos has promoted two executives.
Justin Gonce to general manager of onshore. In his new role, Gonce will lead the company’s production...
Plaquemines LNG now backed by $500M loan
Venture Global LNG Inc has closed on a $500 million term loan with several banks with the intention of using some of the proceeds...
ExxonMobil’s virtual reality training takes off
It has been under development for some time, so chalk up ExxonMobil’s virtual reality training initiative to serendipity. The effort is coming to full...
Industry hopes Gulf of Mexico lease sale will take place after federal review
The Bureau of Ocean Energy Management has rescinded its record of decision for the Gulf of Mexico Oil and Gas Lease Sale 257.
The decision...
Exxon on the hunt for Baton Rouge suppliers
ExxonMobil is on the hunt for Baton Rouge suppliers to take part in its planned $410 million refinery project.
According to The Associated Press, a...
Cassidy hopes bill will reverse Keystone EO
Senator Bill Cassidy (R-LA) introduced the “Keystone XL Pipeline Construction and Jobs Preservation Act” last week in hopes of authorizing the continued construction of...
Danos wins multi-year offshore contract
A major oil and gas producer has awarded Danos of Gray, La., a multi-year contract for production operations in the Gulf of Mexico. Danos will...
Drilling restrictions will hit Gulf harder than other regions, expert says
President Joe Biden’s temporary halt to drilling on federal lands leaves the vast majority of U.S. crude production untouched, but it may be the...
