Author Archive: Camille Ivy-O'Donnell

The Louisiana Oil & Gas Association (known before 2006 as LIOGA) was organized in 1992 to represent the Independent and service sectors of the oil and gas industry in Louisiana; this representation includes exploration, production and oilfield services. Our primary goal is to provide our industry with a working environment that will enhance the industry. LOGA services its membership by creating incentives for Louisiana’s oil & gas industry, warding off tax increases, changing existing burdensome regulations, and educating the public and government of the importance of the oil and gas industry in the state of Louisiana.

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Brent Oil Declines as Saudi-Russia Deal Falls Short of a Freeze

“For a couple of hours, the market was getting its hopes up, that they would announce a strategy that would impact the physical market, but they were not close to meeting those expectations,” said Jens Naervig Pedersen, an analyst at Danske Bank A/S. “They under-delivered in the sense that it was quite vague in terms of […]

Saudi Arabia, Russia sign oil pact, may limit output in future

Saudi Arabia and Russia agreed on Monday to cooperate in world oil markets, saying they will not act immediately but could limit output in the future, sending prices higher on hopes the two top oil producers would work together to tackle a global glut. The joint statement was signed by the country’s energy ministers in China […]

U.S. gasoline consumption and exports hit record highs

U.S. motorists used a record volume of gasoline in June as good weather and cheap fuel encouraged a strong start to the summer driving season. The volume of gasoline supplied to domestic consumers averaged 9.664 million barrels per day, an increase of 273,000 bpd compared with the same month in 2015. Consumption beat the previous record of […]

Key Trends in Oil and Gas in the Americas 2016

NEW YORK, Sept. 5, 2016 /PRNewswire/ — Americas Exploration Report is a unique report covering all exploration block details and licensing rounds in Americas exploration industry. For the first time, data from our proprietary databases is compiled into a report form to enable complete understanding of Americas exploration markets…

US, China join global climate agreement

HANGZHOU, China — President Barack Obama and Chinese President Xi Jinping on Saturday joined a global agreement to cut greenhouse gases, moving the world toward a significant reduction in climate-warming emissions faster time frame than previously imagined. Ratification of the accord by the world’s two biggest polluters, announced shortly after Obama’s arrival here, jump-starts enactment of the deal […]

Oklahoma orders shutdown of wells after record-tying earthquake

Oklahoma officials on Saturday ordered oil and gas operators to shut down three dozen wastewater disposal wells after a 5.6-magnitude earthquake that tied a record as the strongest in state history. The quake, centered near Pawnee, rattled the state just after 8 a.m. Saturday, tying a record set in 2011 for the strongest such tremor in Oklahoma history, […]

24 U.S. Senate candidates still largely unknown to Louisiana voters, but that could soon change

Caroline Fayard threw plastic red beads while Congressman Charles Boustany tossed orange go-cups. Only two of the 24 candidates running for the open U.S. Senate seat rode Sunday in the parade during the 81st annual Shrimp and Petroleum Festival in Morgan City – a perennial stop on the festival circuit – and the low number seemed […]

ALFORD: Parties Need Recovery Time Too

Louisiana’s mainline parties were already having to compete against super-charged political action committees, the presidential race and a slew of U.S. Senate candidates to raise money this cycle. Then the August flooding in the southern part of the state collided with major fundraisers, direct mail and the general pace of incoming revenue…

Governor helping his critics

Governor helping his critics

Gov. John Bel Edwards has played right into the hands of his critics with his decision to hire some of his political supporters to handle lawsuits filed by coastal parishes against oil and gas companies. The Advocate brought the issue to the public’s attention last week, calling a Jefferson Parish suit “a case that could […]

Top donor to governor also hired to investigate possible improper donations to Edwards, other politicians

Top donor to governor also hired to investigate possible improper donations to Edwards, other politicians

A top fund-raiser for Gov. John Bel Edwards who was recently hired by the governor to handle a potentially lucrative state lawsuit also happens to be the man brought in earlier this year to investigate possibly improper campaign donations to Edwards and others by State Police troopers and the board that oversees them. T. Taylor Townsend, a Natchitotches-based […]