Energy startup, with Lafayette office, forms

Energy startup, with Lafayette office, forms

SLANT Energy, a startup exploration and production company with offices in Lafayette and Wichita Falls, Texas, has secured a $30 million equity commitment from Dallas-based Pearl Energy Investments. SLANT, which stands for South Louisiana and North Texas, will focus on developing shallow, conventional oil and gas fields in North Texas and the mid-continent regions. The […]

Louisiana’s Resolutions

Louisiana’s Resolutions

By Gifford Briggs It’s that time of year again, where we all make plans to enrich our lives…to become healthier, wealthier, and wiser. For some it may be just as simple as wanting to shed a couple of those holiday pounds added around the belt. Regardless of the resolution, the issuance of the New Year […]

Oil and gas forecasts show optimism

Oil and gas forecasts show optimism

Despite oil prices fluctuating wildly over the last year, they’ve rebounded strongly since Donald Trump won the presidential election. “There’s a lot of optimism,” said Ben Broussard with the Louisiana Oil & Gas Association. “2017 is looking to be a much better year than last.” That optimism Broussard talking about can be seen in the […]

Louisiana’s Resolutions

Louisiana’s Resolutions

By Gifford Briggs It’s that time of year again, where we all make plans to enrich our lives…to become healthier, wealthier, and wiser. For some it may be just as simple as wanting to shed a couple of those holiday pounds added around the belt. Regardless of the resolution, the issuance of the New Year […]

Will Trump Help Independent Operators In The Gulf Of Mexico?

Will Trump Help Independent Operators In The Gulf Of Mexico?

By Gifford Briggs The Louisiana economy needs a kick start, not a kick in the teeth. Unfortunately, the outgoing Obama Administration is making a last gasp effort to hit us where it hurts most—our energy sector. It’s no secret – lower commodity prices, out-of-control regulations, and other factors have challenged the oil and gas industry […]

By December 2, 2016 0 Comments Read More →
Gifford Briggs: Trump – A New Hope?

Gifford Briggs: Trump – A New Hope?

Nearly 40 years ago, Luke Skywalker began his cinematic journey to becoming a Jedi on the big screen. Over a series of blockbuster films, Luke captured the imagination of millions of Americans as he fought Darth Vader, destroyed the death star and saved the galaxy. In the days since the shocking presidential election, some Star […]

By November 18, 2016 1 Comments Read More →

ExxonMobil doubles Permian holdings through acquisitions from Bass family

Exxon Mobil Corp. will add billions of barrels of oil equivalent to its Permian Basin resource by acquiring a set of companies from a wealthy Bass family of Fort Worth. The acquisition would double Exxon Mobil’s resources in the Permian Basin to 6 billion barrels of oil equivalent, as well as an “exceptional Delaware Basin position in a […]

Oil prices rally more than $1 on bullish Saudi comments

Oil prices were sharply higher on Tuesday, as upbeat comments from Saudi Arabia’s oil minister added to optimism that major oil producers are sticking to their pledge to cut back output as part of a deal to curb global oversupply. Crude oil for February delivery on the New York Mercantile Exchange jumped $1.04, or around 2%, […]

Asia-Pacific oil production declining at record levels: Wood Mackenzie

Oil production in Asia-Pacific is declining at a rate not seen elsewhere in the world, with around half of losses coming from China alone, Wood Mackenzie has warned. An oil tanker docked at a PT Pertamina facility at Tanjung Priok Port in Jakarta, Indonesia “We estimate 2016 production of 7.5 million barrels per day will […]

Acquisition of Turkish oil and gas production companies completed

This post was originally published on this siteDALLAS, Jan. 18, 2017 (GLOBE NEWSWIRE) — Park Place Energy Inc. (OTCQB:PKPL) (“Park Place” or the “Company”) is pleased to announce it has now completed the acquisition of three oil and gas exploration and production companies operating in Turkey (the “Tiway Companies”).  As previously reported, the purchase price […]

By January 18, 2017 Read More →

Franklin Wells for the World Foundation Provides Clean Drinking Water to Nearly 18,000 People in South Africa

This post was originally published on this siteFORT WAYNE, Ind., Jan. 17, 2017 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ:FELE) announces it’s Franklin Wells for the World Foundation latest installations. In 2016, Franklin Wells for the World Foundation continued to make a difference in South Africa by providing clean, safe drinking water through the […]

By January 17, 2017 Read More →

EPA Approves Pathway for Isobutanol as an Advanced Biofuel

This post was originally published on this siteENGLEWOOD, Colo., Jan. 17, 2017 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ:GEVO), announced that the U.S. Environmental Protection Agency (“EPA”) has approved the pathway for isobutanol produced at Gevo’s Luverne, MN plant to be an advanced biofuel under the Renewable Fuel Standard Program (“RFS”). This is the first time […]

By January 17, 2017 Read More →

Other Recent Articles

Oil and gas: Prospects and imponderables

The sense of national anticipation that had attended the announcement by ExxonMobil in May 2015 that a “significant oil discovery” had been made offshore Guyana has subsided. Each subsequent disclosure, however, regarding progress towards the country becoming a major producer of oil and gas, including the more recent discoveries of further significant deposits beyond Liza-1, […]

La. politics: Governor may steer clear of legislative races

As January reaches its midpoint, Gov. John Bel Edwards hasn’t decided who he might support in the Legislature’s upcoming special elections in north and south Louisiana. It’s possible that the governor, a Democrat, could potentially avoid the races for these legislative seats altogether, especially since all of them are located in districts that lean conservative. […]

LNG Use Surging While Idled Spending May Trigger Next Spike

Liquefied natural gas prices falling to the lowest in a decade last year spurred fresh demand while suppressing investment in new production, potentially leading to shortages and price spikes next decade, according to a new Bloomberg New Energy Finance report. Global annual LNG consumption is seen rising to 422 million tons by 2030, almost two-thirds […]