LSU experts: Louisiana’s energy manufacturing, refining sectors will remain strong in the coming years

LSU experts: Louisiana’s energy manufacturing, refining sectors will remain strong in the coming years

A new report says by 2020 Louisiana’s oil and gas industry will recover about half the 17,000 jobs lost during the recent downturn, while energy manufacturing and refining sectors will remain strong. Of course, this will be a function of prices, according to the 2017 Gulf Coast Energy Outlook by the LSU Center for Energy Studies. The latest […]

Tropical storm in Louisiana: Here’s what forecasters say to expect in south Louisiana

Tropical storm in Louisiana: Here’s what forecasters say to expect in south Louisiana

A tropical storm warning has been issued for all of the Louisiana coast, with Tropical Storm Cindyforecast to make landfall sometime early Thursday. Projected rainfall through Friday morning depends on the area. Totals are estimated to be 4-10 inches in the New Orleans area. In the Baton Rouge area, anywhere from 2-6 inches is expected. […]

LOGA’s Don Briggs to take on LAGCOE Looey role

LOGA’s Don Briggs to take on LAGCOE Looey role

Louisiana Oil & Gas Association President Don Briggs will serve as LAGCOE Looey for the biennial three-day trade show — Louisiana’s largest — scheduled for Oct. 24-26 at the Cajundome. LAGCOE made the announcement in an issued statement Monday. The Miami, Florida native founded LOGA in 1992. The Baton Rouge-based organization has grown to include […]

The Center of the Natural Gas Universe

The Center of the Natural Gas Universe

Here in Louisiana, a source of pride amongst our oil and gas industry has been the pipeline infrastructure and exporting facilities we possess in the state. This infrastructure has allowed Louisiana to lead the charge as we pursue energy security and haul energy resources across the state, nation, and globe. There is one place, an […]

OPEC: The End of the Line

OPEC: The End of the Line

From Traders working the floor of the New York Stock Exchange to the owner of mom and pop oil and gas companies, everyone was waiting to hear if the Organization of the Petroleum Exporting Countries (OPEC) would extend oil production cuts. This anxious feeling of waiting on OPEC nations to decide the flow of the […]

BRIGGS: The Reemergence of the Haynesville Shale

BRIGGS: The Reemergence of the Haynesville Shale

The oil and gas industry could not be more diverse in Louisiana. In south Louisiana, in particular, the industry is experiencing historically low and stagnant rig growth, while the rest of the country sees a resurgence in rig activity. In northwest Louisiana, there is a glimmer of hope for the oil and gas sector, and […]

Oil Majors Snatch Up Mexican Oil Blocks

Mexico hosted another oil auction on Monday, auctioning off shallow water oil and gas blocks to international companies. The auction was the latest in a series of offerings related to the country’s historic energy reform, which opened up Mexico’s energy sector to private investment. The latest auction had modest hopes, as the blocks on offer […]

OPEC should heed lessons from Achnacarry Agreement: Kemp

OPEC members are struggling to protect their revenues in the face of renewed competition from U.S. shale producers and other suppliers outside the organization. OPEC’s revenues from petroleum exports have fallen to just $446 billion in 2016 from $1.2 trillion in 2012 (“Annual Statistical Bulletin”, OPEC, 2017). But past experience strongly suggests OPEC’s effort to […]

Why Is Saudi Arabia Desperate For Higher Oil Prices?

As OPEC’s most significant member and one of the largest crude oil producers in the world, Saudi Arabia typically exerts considerable power over global energy market trends. Yet for the last year, the oil giant has been largely reacting to events outside of its control: surging U.S. shale production, OPEC-member cheating and non-compliance, uncertain demand […]

Baron Energy Engages CTX Equity Partners for Growth Capital Raise

This post was originally published on this siteSAN MARCOS, Texas, June 14, 2017 (GLOBE NEWSWIRE) — Baron Energy Inc. (OTCPK:BROE) (“Baron” or the “Company”), an independent energy company based in San Marcos, Texas, has engaged CTX Equity Partners, LLC (“CTX”) to assist in a major growth capital raise. Management Comments Ronnie L. Steinocher, President and […]

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Green EnviroTech Holdings Corp. to Present at the 2017 Marcum MicroCap Conference in New York City

This post was originally published on this siteJAMESTOWN, Calif., June 13, 2017 (GLOBE NEWSWIRE) — Green EnviroTech Holdings Corp. (OTC PINK:GETH) CEO, Chris Bowers, will present at the 2017 Marcum MicroCap Conference at 4:30pm on Thursday, June 15 at the Grand Hyatt Hotel in New York City and will conduct 1-on-1 meetings on June 15th […]

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HyperSolar Extends Research Agreement with University of California, Santa Barbara as Demand for Clean Hydrogen Grows

This post was originally published on this siteSANTA BARBARA, Calif., June 13, 2017 (GLOBE NEWSWIRE) — HyperSolar, Inc. (OTCQB:HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and any source of water, today announced it has extended its sponsored research agreement with the University of California, the first university the Company […]

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Other Recent Articles

Oil price, Echo Energy, Cairn/FAR, Sundry-Ophir-Faroe-Various broadcasts- And finally…

Momentum seems to be the watchword in what is a particularly lethargic market at the moment, general blaming of Opec and Non-Opec production from Nigeria, Libya and the US is deemed to cover the situation. Whilst on those organisations it seems that Opec compliance in May was 108% and Non-Opec 100% giving a record level […]

Outlook For Oil Looks Bleak, Prices Hit 7-Month Low

Crude oil started the week with a loss, which may be extended today as U.S. shale drillers continue to add rigs, and Libya and Nigeria ramp up production, undermining their fellow OPEC members’ efforts to reduce output and support prices. Oil prices are now at a 7-month low. Oil prices were pressured when last Friday, […]

Natural Gas Is below $3, Energy Stocks Are Impacted

On June 19, 2017, natural gas (UNG) (BOIL) July futures fell below the psychological level of $3—the third time in June 2017. On the same day, natural gas active futures fell 4.9% and settled at $2.89 per million British thermal units—the lowest closing price since March 8, 2017. Mild weather forecasts caused the large fall in […]