Lawsuit abuse an issue that ‘should resonate with all Louisianans,’ Louisiana Lawsuit Abuse Watch says

Lawsuit abuse an issue that ‘should resonate with all Louisianans,’ Louisiana Lawsuit Abuse Watch says

In a recently published article on the Daily Caller, Louisiana Lawsuit Abuse Watch Executive Director Lana Sonnier Venable examined lawsuit abuse which has become out of control in recent years in Louisiana. For those who are connected to the energy industry, the threat of a lawsuit looms as attorneys have begun to take legal action against the […]

Gubernatorial campaigns staffing up: Abraham rolls out team, Rispone and Edwards making moves

Gubernatorial campaigns staffing up: Abraham rolls out team, Rispone and Edwards making moves

ntered the race for Louisiana governor are quickly staffing up with less than nine months to go until Election Day. Gov. John Bel Edwards is seeking his second term in office, but the race is expected to heat up as Republicans eye an opportunity to unseat the only Democratic governor in the Deep South. Two […]

Louisiana Oil and Gas Association says legal climate in state is ‘robbing taxpayers’

Louisiana Oil and Gas Association says legal climate in state is ‘robbing taxpayers’

A recently published article on The Daily Caller website points out the many legal and tort system flaws in Louisiana. “The data is clear. Excessive and unnecessary litigation is robbing Louisiana taxpayers blind and diminishing economic growth throughout the state,” Briggs told the Louisiana Record. “Nowhere are the effects more evident than in south Louisiana.” While other parts […]

2019 Governor’s Race: And Then There Were Three

2019 Governor’s Race: And Then There Were Three

Gifford Briggs, President of the Louisiana Oil & Gas Association  Louisiana is a unique state, notable among the others in the nation. We are known for our exquisite Cajun cuisine, a football coach with an often indiscernible southern dialect, and a colorful political climate with seemingly endless elections. It can be hard to get excited […]

By December 18, 2018 0 Comments Read More →
From the President’s Desk: Changing The Trajectory 

From the President’s Desk: Changing The Trajectory 

By: Gifford Briggs, President of the Louisiana Oil & Gas Association  The Plaquemines Parish Council recently voted 4-3 in favor of withdrawing from a set of coastal lawsuits filed against oil and gas companies operating in the parish. It would seem only logical to assume that with a 4-3 vote the Council would have successfully […]

Severance Tax: How does Louisiana stack up?

By: Gifford Briggs, President of the Louisiana Oil & Gas Association  “No taxation without representation!” the slogan that originated during the 1700s and started a Revolution. In the past 300 years, very little has changed with regards to our view of taxes. Who do we tax? What do we tax? Fair tax, flat tax, internet […]

By September 14, 2018 0 Comments Read More →

To boost confidence in oil cut, OPEC issues quota list

OPEC on Friday published a list of oil production cuts by its members and other major producers for the six months to June, an effort to boost confidence in the move designed to avoid a supply glut in 2019. In a statement, an OPEC and non-OPEC ministerial panel also called on participating members of the […]

Oil climbs 1 percent as OPEC output drop eases concerns about glut

Brent crude LCOc1 was up 82 cents, or 1.3 percent, at $62 a barrel at 1200 GMT. Brent has risen more than 2 percent this week, its third straight week of gains. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 78 cents, or 1.5 percent, at $52.85 per barrel. The Organization of the […]

IEA doubts Russia’s commitment to OPEC accord

The Paris-based International Energy Agency on Friday cast doubt on whether Russia would meet its agreement with OPEC to cut crude oil output to support prices, while Russia’s Energy Minister Alexander Novak said it is impossible for his country to quickly cut production. “Data show that Russia increased crude oil production in December to a new record […]

Thunder Energies announces interview with Midnight in the Desert w/Heather Wade on the danger posed by antimatter asteroids

TARPON SPRINGS, Fla., Dec. 20, 2017 (GLOBE NEWSWIRE) — Brian Buckley, Operations Manager of Thunder Energies Corporation, a publicly-traded company with stock symbol (OTC:TNRG), announces that Dr. Ruggero M. Santilli, company Chief Scientist, has been interviewed on December 6, 2017 by Ms. Heather Wade, host of Midnight in the Desert Radio (http://midnightinthedesert.com/how-to-listen) from 9:00 pm […]

By December 20, 2017 Read More →

TransGlobe Energy Corporation Announces Q4 2017 Operations Update

CALGARY, Alberta, Dec. 20, 2017 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX:TGL) (NASDAQ:TGA) announces an operational update. All dollar values are expressed in US dollars unless otherwise stated. Highlights Annual 2017 average production is trending to ~15.4 MBoepd, a 27% increase over 2016 Lifted and sold ~510 thousand barrels of entitlement crude […]

By December 20, 2017 Read More →

Eagle Energy Inc. Announces Ongoing Production Results from its First North Texas Well

CALGARY, Alberta, Dec. 19, 2017 (GLOBE NEWSWIRE) — (TSX:EGL):  Eagle Energy Inc. (“Eagle”) is pleased to announce that, one month after initial production, the oil, natural gas and natural gas liquids rates from its first North Texas horizontal well continue to perform at budgeted levels.  Currently, the well is producing 450 barrels of oil equivalent […]

By December 19, 2017 Read More →

Other Recent Articles

Letters: ExxonMobil a big driver of regional giving

Capital Area United Way fights for the health, education, income stability and basic needs of every person in a 10-pParish community. This fight wouldn’t be possible without our donors, volunteers, local non-profits and corporate partners who have enabled us to improve lives over the last 94 years. We partner with nearly 400 corporations and organizations […]

GLOBAL LNG-Asian prices slip, but plant outages limit losses

Asian spot prices for liquefied natural gas (LNG) continued to fall this week as importers in North Asia have largely finished their purchases for winter, but losses were stemmed as plants closed for maintenance. Spot prices for March delivery to Asia <LNG-AS> this week slipped to $8.20 per million British thermal units (mmBtu), down 10 […]

Bad bets on oil, gas spark wave of energy-fund closures

 Energy fund managers took heavy losses last year with wrong-way bets on the prices of oil and natural gas, leading to a wave of closures in the volatile fund sector. The number of active energy-focused funds fell to just 738 in 2018 through September from about 836 in 2016, according to the latest available data […]