Kennedy, Cassidy want relief for energy companies
Republican Louisiana senators John Kennedy and Bill Cassidy are seeking royalty relief for independent offshore oil and gas companies impacted by the coronavirus pandemic...
Cameron LNG cargo diverts from China to Taiwan
A tanker that loaded at Sempra’s Cameron LNG terminal in Louisiana in March and appeared to be headed to China has changed its course...
Calcasieu Pass LNG virtual string test is a success
Liquefaction equipment for the Calcasieu Pass LNG export project Venture Global LNG Inc. is developing in Cameron Parish has passed a virtual string test...
Webinar will explore COVID-19 impact on Louisiana energy sector
A free webinar this morning will explore the impact of COVID-19 on the Louisiana oil and gas industry.
The virtual event is scheduled for 9-10...
Magnolia LNG project in jeopardy
Bridge financing essential to keeping LNG Limited operating long enough to close an agreement to be taken over by a Singaporean investor fell through,...
Louisiana snags $155.7 million in GOMESA money
Louisiana on Monday snagged $155.7 million in GOMESA revenue-sharing funds for coastal restoration efforts, derived from offshore energy production.
Plaquemines Parish gets the largest disbursement...
Shell walks away from Lake Charles LNG project
Shell is not going forward with its investment in the Lake Charles LNG project due to “current market conditions,” the company announced today.
Shell had...
ExxonMobil shrinks Baton Rouge production
U.S. oil supermajor ExxonMobil has reduced the run rates at its second-largest U.S. refinery in Baton Rouge, sources with knowledge of the operations at...
Tellurian gets an 18-month extension on $75 million in loans
Creditors are giving Houston liquefied natural gas company Tellurian an 18-month life line in the face of tough market conditions that include the ongoing...
Gulf of Mexico oil and gas lease bidding drops to new low
Bidding on federal oil and gas leases in the Gulf of Mexico last week was the lowest since the sales began in August 2017—and...
