KLFY: How will Brexit affect the oil and gas industry?

KLFY: How will Brexit affect the oil and gas industry?

KLFY reports: LAFAYETTE, La. (KLFY) – Great Britain leaving the European Union has already affected gas prices in the United States, and with oil and gas being one of the leading economic resources in South Louisiana many are wondering how it will affect us here at home. Thursday Great Britain announced it’s decision to leave the […]

WWL: St. Tammany drilling begins

WWL: St. Tammany drilling begins

WWL reports: A controversial oil drilling project begins today on the Northshore. But the fight over whether fracking should happen in St. Tammany parish is not over. Amid concerns about polluted groundwater, and earthquakes, and other things, Donald Briggs of the Louisiana Oil & Gas Association says that time and time again, the process has proven […]

FuelFix: Appeals court clears LNG expansion in Texas, Louisiana

FuelFix: Appeals court clears LNG expansion in Texas, Louisiana

FuelFix reports: Environmentalists’ efforts to block expansion of U.S. export facilities for liquefied natural gas were struck a blow Tuesday when a federal appellate court ruled two projects in Texas and Louisiana could move ahead. The Sierra Club had sued to block the expansion of Cheniere Energy’s Sabine Pass terminal, which began shipping LNG earlier this year, […]

Encouraging signs for oil and gas

Encouraging signs for oil and gas

By Don Briggs President, Louisiana Oil and Gas Association   The last year and a half has brought about vast changes for the global oil and gas market. Prices have fallen from $113 a barrel in 2014 to $27 dollars more recently. However, over the last month we have seen those prices nearly double. This […]

By June 16, 2016 0 Comments Read More →
Coastal litigation unnecessary, “sue-and-settle” tactics inappropriate

Coastal litigation unnecessary, “sue-and-settle” tactics inappropriate

By Don Briggs President, Louisiana Oil and Gas Association   Lawsuits certainly have a way of getting everyone’s attention, especially here in Louisiana. With a well-established reputation as a “judicial hellhole,” our state is known for having a legal system that seems to operate more like a litigation lottery than a network of fair and […]

By May 31, 2016 0 Comments Read More →
New questions loom around the Saudis

New questions loom around the Saudis

By Don Briggs President, Louisiana Oil and Gas Association   It appears that the fox is now in the hen house in Saudi Arabia. Or is he? Many questions are circulating as to the changes that are taking place with the new oil minister of Saudi Arabia. The recently ousted minister was in place for the […]

By May 11, 2016 0 Comments Read More →

The Times-Picayune: Helis Oil begins drilling in St. Tammany Parish

The Times-Picayune reports: After more than two years of political controversy and courtroom disputes, Helis Oil & Gas Co. of New Orleans started drilling an exploratory well Wednesday (June 29) in south-central St. Tammany Parish. A company spokesman said the drilling began shortly after 2 p.m. at the site east of Louisiana 1088 and north of […]

Reuters: OPEC oil output hits record high in June on Nigerian rebound

Reuters reports: OPEC’s oil output has risen in June to its highest in recent history, a Reuters survey found on Thursday, as Nigeria’s oil industry partially recovers from militant attacks and Iran and Gulf members boost supplies. Higher supply from major Middle East producers except Iraq underlines their focus on market share. Talks in April between […]

Bloomberg: U.S. Equities Fluctuate After Four Days of Post-Brexit Swings

Bloomberg reports: U.S. stocks fluctuated, with the S&P 500 Index on track for a quarterly advance, while markets remain unsettled in the wake of Britain’s decision to leave the European Union. The S&P 500 rose 0.2 percent to 2,073.94 at 9:33 a.m. in New York, after rebounding 3.5 percent in back-to-back sessions from a 15-week low. A global […]

Northern Tier and Western Refining Announce Proration Results in Connection With Merger

This post was originally published on this siteTEMPE, Ariz., June 29, 2016 (GLOBE NEWSWIRE) — Western Refining, Inc. (NYSE:WNR) and Northern Tier Energy LP (“NTI”), a wholly-owned subsidiary of WNR, today announced that they have received the Merger Consideration proration results from American Stock Transfer & Trust Company, LLC in connection with the previously announced […]

By June 29, 2016 Read More →

Western Refining and Northern Tier Announce Proration Results in Connection With Merger

This post was originally published on this siteEL PASO, Texas, June 29, 2016 (GLOBE NEWSWIRE) — Western Refining, Inc. (NYSE:WNR) and Northern Tier Energy LP (“NTI”), a wholly-owned subsidiary of WNR, today announced that they have received the Merger Consideration proration results from American Stock Transfer & Trust Company, LLC  in connection with the previously […]

By June 29, 2016 Read More →

Western Refining to Participate in the J.P. Morgan Inaugural Energy Equity Conference

This post was originally published on this siteEL PASO, Texas, June 27, 2016 (GLOBE NEWSWIRE) — Western Refining, Inc. (NYSE:WNR) today announced that Company management will participate in the J. P. Morgan Inaugural Energy Equity Conference in New York City on Tuesday, June 28, 2016.  The presentation will be available on the Investor Relations section […]

By June 27, 2016 Read More →

Other Recent Articles

The Times-Picayune: State Rep. Joe Lopinto of Metairie to resign House seat Thursday

The Times-Picayune reports: Louisiana state Rep. Joe Lopinto, R-Metairie, who announced in May his plans to vacate the 80th House District seat, said Wednesday (June 29) his resignation is effective Thursday at midnight. A date for a special election to succeed him hasn’t been announced. His term expires Jan. 13, 2020. It’s up to House Speaker […]

Reuters: Column: Saudi Arabia appears to end oil market share war, starts balancing – Russell

Reuters reports: Has Saudi Arabia already switched tack and started to surreptitiously balance supply and demand in the crude oil market? One of the persistent themes of crude oil markets since the price crashed in mid-2014 is that top exporter Saudi Arabia decided to stop its balancing role and instead chase market share, no matter the […]

The Baton Rouge Business Report: Heck wants public hearing for ExxonMobil’s sales tax rebate request

The Greater Baton Rouge Business Report: One Metro Councilman wants ExxonMobil Corp. to go before the council and publicly discuss why the energy giant should get a sales tax rebate of more than $2 million through the city-parish’s Enterprise Zone program. ExxonMobil has applied for a tax rebate for capital expenditures made at its plastics and chemical […]