Cheniere, Chevron sign long-term LNG sale, purchase agreements
Cheniere Energy Inc. announced late last week that two of its subsidiaries, Sabine Pass Liquefaction LLC and Cheniere Marketing LLC, have each entered into...
LMOGA criticizes Biden’s policies after he tells refiners to increase production
Last week, President Joe Biden called on U.S. oil refiners to produce more gasoline and diesel, reports the Associated Press. In the letter, Biden...
Higher U.S. exports of gasoline, diesel draining already-low inventories
A rapid rise in American fuel exports this year has had a hand in the record $5 a gallon gasoline prices, and is pressuring...
Rising natural gas prices raise concerns for Louisiana industry
Only a few months ago, Louisiana’s chemical manufacturing sector seemed “poised for a booming year,” according to industry leaders and analysts. While the price of natural...
New Willow Glen Terminal accepts first product for renewable diesel client
Willow Glen Terminal LLC in St. Gabriel announced last week the receipt of its inaugural product shipment as part of an agreement to supply...
With fewer truck drivers, Louisiana to allow larger load permits
The Louisiana Legislature gave final passage last week to a bill described as a simple solution to bring overnight relief to the supply-chain bottleneck...
OPEC to increase output to ease soaring energy prices
The OPEC oil cartel and allied producing countries including Russia will raise production by 648,000 barrels per day in July and August, offering modest...
Provident Realty purchases 66 acres in Geismar for distribution warehouse
Provident Realty Advisors on Wednesday announced it has purchased 66 acres in Gateway Industrial Park in Geismar, for an undisclosed price. Provident Realty plans to...
Biden administration wants to re-start shuttered refineries
The Biden administration is reaching out to the oil industry to inquire about restarting shuttered refineries, as the White House scrambles to address record...
Why shale drillers aren’t pumping out more oil and gas
Though shale drillers have been hampered by pipeline constraints, rising prices for oil-field supplies and shortages of roughnecks and rigs, The Wall Street Journal reports there...
