The Louisiana Record: Justice Hughes asked to recuse himself in several cases involving large campaign contributor

The Louisiana Record: Justice Hughes asked to recuse himself in several cases involving large campaign contributor

The Louisiana Record reports: NEW ORLEANS – Three major and several independent oil companies have asked Louisiana State Supreme Court Justice Jeff Hughes to recuse himself in a pair environmental lawsuits up for review. They claim he is tainted by trial lawyers who spent nearly $400,000 of their own money getting him elected. Hughes, who […]

By May 28, 2015 0 Comments Read More →

Louisiana companies seek business opportunities in Mexico

FOR IMMEDIATE RELEASE Date: May 21, 2015 Press Contact: jsteverson@wtcno.org Louisiana companies seek business opportunities in Mexico Business delegation led by Committee of 100 and World Trade Center arrives in Mexico for three-day trade mission New Orleans, LA – More than 30 representatives from Louisiana business and industry arrived in Yucatán, Mexico on Wednesday as […]

By May 27, 2015 0 Comments Read More →
Bloomberg: OPEC seen backing Saudi Arabia’s plan to keep supplies elevated

Bloomberg: OPEC seen backing Saudi Arabia’s plan to keep supplies elevated

Bloomberg reports: When Saudi Arabia argues next week that OPEC should keep up production to fight the rise in U.S. shale oil, prices will be on its side. Crude plunged for eight of nine weeks prior to the group’s November gathering, when the kingdom faced down opposition from the majority of fellow members, who advocated […]

By May 27, 2015 0 Comments Read More →
Don Briggs: BP is answering the challenge

Don Briggs: BP is answering the challenge

The oil and gas industry has a storied history in the state of Louisiana. Over the last one hundred years, the industry has provided hundreds of thousands of direct and indirect jobs to this state. To clarify the obvious, the oil and gas industry is an industrial segment that depends on human ability as well […]

By April 16, 2015 1 Comments Read More →
Keep Louisiana Competitive

Keep Louisiana Competitive

By Don Briggs President, Louisiana Oil and Gas Association As the 2015 Louisiana State Legislature convenes, a $1.6 billion budget deficit has everyone wondering what or who gets cut first? While the state has a deficit to deal with for this fiscal year, the oil and gas industry has its own set of worries. The […]

By April 1, 2015 0 Comments Read More →
Keystone Pipeline Still Makes Sense

Keystone Pipeline Still Makes Sense

By Don Briggs President, Louisiana Oil and Gas Association Take your pick as to the reason why the Keystone XL pipeline is necessary for the United States’ future. Most of the following items could be reason enough to finish the construction of the pipeline: jobs, economic impact, national security, safety, and finally, imported resources from […]

By March 11, 2015 0 Comments Read More →

FuelFix: Major offshore vessel contractor could be in the market for acquisitions, CEO says

FuelFix reports: HOUSTON — The CEO of vessel contractor Tidewater says the oil bust could be an opening to scoop up smaller rivals in marine services as corporate consolidations could help offshore firms cope with the downturn. The New Orleans-based company, with a fleet of nearly 300 vessels used in offshore oil field projects around […]

By May 28, 2015 0 Comments Read More →

FuelFix: The tanker market is sending a big warning to oil bulls

FuelFix reports: Four months into oil’s rebound from a six-year low, the tanker market is sending a clear signal that the rally is under threat. A sudden surge in demand for supertankers drove benchmark charter rates 57 percent higher in the two weeks through May 20. OPEC will have almost half a billion barrels of […]

By May 28, 2015 0 Comments Read More →

Advocate: NOAA predicts up to 11 named storms, quiet hurricane season thanks to key atmospheric conditions

The Advocate reports: Hurricane season is but a few days away, and the National Oceanic and Atmospheric Administration on Wednesday predicted two or fewer major hurricanes will develop during the 2015 season. Even so, officials urged coastal residents to stay prepared. “This is a reminder to us all that we are on the doorstep of […]

By May 28, 2015 0 Comments Read More →

Advocate: Louisiana’s Tuscaloosa, Haynesville shales hampered by oil, natural gas prices

The Advocate reports: Drillers are closing in on the most efficient and consistent way to produce oil from the Tuscaloosa Marine Shale across Louisiana’s midsection, but low prices will strongly affect drilling activity. Likewise, natural gas prices will hamper activity in the Haynesville Shale in northwest Louisiana until proposed export terminals are operating, energy summit […]

By October 23, 2014 0 Comments Read More →

EE News: How do you survive a gas boom and bust? For starters, pay in cash

EE News reports: MANSFIELD, La. — Local officials in the Haynesville Shale believe they’ve unlocked the secret for successful spending of gas boom wealth. The approach? Invest quickly in health, safety and education, and squirrel away the rest for a rainy day. “Just because we have it don’t mean we have to spend it,” DeSoto […]

By October 20, 2014 0 Comments Read More →
NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

NOLA.com reports: A Houston energy investment firm will pay nearly $275 million for thousands of acres of legacy oil and natural gas fields located along the eastern edge of the Haynesville Shale in north Louisiana. The deal is the latest in a string of purchases that signal renewed investor interest in the area. Vanguard Natural […]

By September 4, 2014 0 Comments Read More →

Other Recent Articles

The Hill: End the ban on oil exports

The Hill reports: The country has just taken another step towards energy independence—which also means energy security. Sens. Lisa Murkowski (R-Alaska) and Heidi Heitkamp (D-N.D.), along with 10 other Senate cosponsors, have introduced the Energy Supply Distribution Act (S. 1312), whose primary purpose is to end the 40-year ban on exporting U.S. crude oil. Congress […]

By May 28, 2015 0 Comments Read More →

Nola.com: Exxon Mobil shareholders reject environmental resolutions

Nola.com: DALLAS — Exxon Mobil shareholders overwhelmingly rejected several environmental resolutions including proposals to put a climate-change expert on the board and set goals for greenhouse-gas emissions. At the oil giant’s annual meeting Wednesday in Dallas, CEO Rex Tillerson gave a stay-the-course outlook for the company, which has seen profits decline recently with lower prices […]

By May 28, 2015 0 Comments Read More →

Austin Statesman: Drilling cutbacks hurt job growth in oil states

The Austin Statesman reports: WASHINGTON — Hammered by cheaper oil, drilling firms have laid off workers and dragged job growth lower in states from Texas to North Dakota. In Oklahoma, mining and logging jobs, which mostly include oil and gas drilling, fell for the fifth straight month in April. Texas lost 8,300 jobs in the […]

By May 28, 2015 0 Comments Read More →