Author Archive: Jordan Gleason

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The LNG Bandwagon Keeps Growing

When Shell purchased BG for US$53 billion in 2016 to become the world ‘s largest LNG company, it capped off a change in the way the LNG world worked. LNG used to be more of a producer-buyer relationship, with firms like Petronas, Pertamina and Qatargas cutting deals directly with buyers in Japan and South Korea. […]

By November 22, 2017 0 Comments Read More →

Gov. John Bel Edwards to issue emergency Medicaid deals after GOP lawmakers rebuff extensions

Gov. John Bel Edwards intends to sidestep lawmakers to enact $15.4 billion in Medicaid managed-care deals using an emergency contracting process, after House Republicans voted twice to block deals to provide services to 1.5 million people. The Democratic governor started the process Monday evening for entering into 23-month emergency contracts that will keep five managed-care […]

By November 22, 2017 0 Comments Read More →

Oil prices level in what seems to be mixed inventory data

A mixed bag for levels of oil and gasoline in the world’s largest economy, and anticipation over OPEC’s next meeting, left oil prices flat early Tuesday. The American Petroleum Institute releases its data on U.S. oil and gasoline storage levels after the market closes on Tuesday. Official data from the U.S. Energy Information Administration comes […]

By November 22, 2017 0 Comments Read More →

BLACKROCK: Oil’s rebound appears to be slowing

We see the recent strength in oil prices moderating over the near term. The Organization of Petroleum Exporting Countries (OPEC) meets later this month, and the market is largely expecting oil production cuts to be extended, potentially through the end of 2018. Oil prices, however, look different going into this meeting than they did before […]

By November 22, 2017 0 Comments Read More →

Poland signs 5-year US natural gas import deal

Poland’s state-owned oil and natural gas company signed a five-year deal Tuesday to import liquefied natural gas (LNG) from the United States. The deal is between Polish Oil and Gas Company Group (PGNiG) and Centrica LNG Co., for shipments between 2018 and 2022, the parties said. The gas will go through Cheniere Energy’s Sabine Pass […]

By November 22, 2017 0 Comments Read More →

U.S. LNG a message to Putin, Louisiana senator says

Sending liquefied natural gas drawn from U.S. reservoirs to Poland sends a strong message to the Russian president about influence, a Louisiana senator said. Polish Oil and Gas Co., known commonly as PGNiG, signed a five-year contract to secure LNG from the Sabine Pass terminal in Louisiana, the first mid-term contract of its kind. U.S. […]

By November 22, 2017 0 Comments Read More →

Will Louisiana’s new state treasurer be a Kennedy clone?

Bottom-of-the-barrel turnout predictions and a general lack of interest may have tricked voters into undervaluing the special election for state treasurer, which concluded over the weekend. That was unfortunate, because the race transformed the victor, by default and almost immediately, into one of the most influential politicians in Louisiana. But because just 12.5% of the […]

By November 22, 2017 0 Comments Read More →
Stone Energy in Lafayette being acquired in $2 billion merger by Houston company

Stone Energy in Lafayette being acquired in $2 billion merger by Houston company

Stone Energy Corp. in Lafayette is being acquired by Houston-based Talos Energy LLC in a $2 billion merger after a tumultuous period for Stone that included a bankruptcy reorganization. Like many in the energy industry, Stone’s fortunes plummeted along with the price of oil. The company reported losses of $189.5 million in 2014, $1.1 billion […]

By November 22, 2017 0 Comments Read More →
VIDEO: Energy Committee Passes Cassidy Measure Restoring Nearly $100 Million for Louisiana’s Coast

VIDEO: Energy Committee Passes Cassidy Measure Restoring Nearly $100 Million for Louisiana’s Coast

U.S. Senator Bill Cassidy, M.D. (R-LA), a member of the Senate Energy and Natural Resources Committee, offered an amendment Wednesday with Senator Luther Strange (R-AL) that would increase the money that coastal states like Louisiana are able to receive through revenue sharing under the Gulf of Mexico Energy Security Act (GOMESA). The committee passed Cassidy’s […]

By November 21, 2017 0 Comments Read More →

Audit: Louisiana nursing home payments keep increasing despite flat occupancy rates, low quality-of-care rankings

Over the last decade, Louisiana has sharply increased its payments to nursing homes even as occupancy rates have stayed flat and quality-of-care rankings have hovered near the bottom, according to a report released Monday by the Louisiana Legislative Auditor’s Office. The report also states that Louisiana’s formula to determine how much nursing homes receive in […]

By November 21, 2017 0 Comments Read More →