Planned Port Cameron facility will announce new tenant for 1.2 million square feet of space

Planned Port Cameron facility will announce new tenant for 1.2 million square feet of space

Port Cameron LLC, a proposed $1.5 billion deepwater energy support complex proposed on the Calcasieu Ship Channel, plans to lease 1.2 million square feet of port space to Peterson Offshore Group. The European energy logistics manager will co-manage the development of the port and also manage logistical operations for the port, its tenants and customers. […]

Monkey Island natural gas export facility hires AECOM to coordinate federal application

Monkey Island natural gas export facility hires AECOM to coordinate federal application

Monkey Island LNG, formerly known as SCT&E LNG, has selected global design-and-build firm AECOM to coordinate the environmental analysis and engineering services for the Federal Energy Regulatory Commission pre-filing review process and application. FERC is the siting and construction authority for Monkey Island, a proposed liquefied natural gas export facility in Cameron Parish. When built the […]

OPEC struggles to cut oil production as part of deal to limit global supply

OPEC struggles to cut oil production as part of deal to limit global supply

Energy industry watchers have been skeptical of OPEC’s and other major producers’ promises to curtail production. Shortly after the agreement was announced in October, Louisiana Oil and Gas Association Vice President Gifford Briggs told The Advocate he wouldn’t put too much faith in the Saudis. “What we’ve historically seen with OPEC is there are talks […]

Its More Than Just Rig Counts

Its More Than Just Rig Counts

At the start of the recent downturn in global oil prices, experts both inside and out of the industry relied on rig count data to be the grand indicator of how the industry was doing and when we might see signs of recovery from the tough financial times. When the rig count dropped, industry experts […]

A Step to Reignite Louisiana’s Oil and Gas Industry

A Step to Reignite Louisiana’s Oil and Gas Industry

The 2017 Regular Legislative Session was 60 days of sloshing in waste deep tax policy in order to fix a budget deficit and prepare the state for the upcoming fiscal cliff. During this period, unusual alliances were made, and long-time partners found themselves disagreeing on various tax policies and how to go about fixing Louisiana’s […]

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 […]

Oil prices will be stuck below $60 through 2020, Credit Suisse forecasts

Analysts once believed an agreement by oil producers to pump less would send crude prices to $60 a barrel in relatively short order. Now, Credit Suisse believes prices won’t even approach that level until 2020. The investment bank on Monday lowered its long-term price forecast for U.S. West Texas Intermediate crude (New York Mercantile Exchange: […]

Oil rises 1 percent after Saudi vows to cap crude exports next month

Oil rose more than 1 percent on Monday, after leading OPEC producer Saudi Arabia pledged to cut exports in August to help reduce the global crude glut, and Halliburton Co’s (HAL.N) executive chairman said the U.S. shale drilling boom would probably ease next year. Saudi Energy Minister Khalid al-Falih said his country would limit crude […]

Oil extends gains as Saudi pledges export curbs

Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month and OPEC called on several members to boost compliance with output cuts to help rein in oversupply and tackle flagging prices. Brent crude futures were up 68 cents at $49.28 a barrel by 1054 GMT. U.S. West Texas Intermediate […]

Western Refining Logistics, LP Announces Quarterly Cash Distribution

This post was originally published on this siteSAN ANTONIO, July 25, 2017 (GLOBE NEWSWIRE) — The Board of Directors of the general partner of Western Refining Logistics, LP (NYSE:WNRL) declared a quarterly cash distribution for the second quarter 2017 of $0.4675 per unit, or $1.87 per unit on an annualized basis.  This distribution represents a […]

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Baytex Conference Call and Webcast on Second Quarter 2017 Results to be Held on August 1, 2017

This post was originally published on this siteCALGARY, Alberta, July 25, 2017 (GLOBE NEWSWIRE) — Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) will release its 2017 second quarter financial and operating results prior to the opening of markets on Tuesday, August 1, 2017.  A conference call and webcast will be held shortly thereafter to discuss the results. Conference […]

By July 25, 2017 Read More →

Advanced Emissions Solutions to Host Second Quarter 2017 Conference Call on August 8th

This post was originally published on this siteHIGHLANDS RANCH, Colo., July 25, 2017 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the “Company” or “ADES”) today announced the Company expects to release its second quarter 2017 financial results and file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2017 after market […]

By July 25, 2017 Read More →

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Researchers have been underestimating the cost of wind and solar

How should electricity from wind turbines and solar panels be evaluated? Should it be evaluated as if these devices are stand-alone devices? Or do these devices provide electricity that is of such low quality, because of its intermittency and other factors, that we should recognize the need for supporting services associated with actually putting the […]

Nigeria: Opec Caps Nigeria’s Oil Output At 1.8 Million Bpd

The Organization of Petroleum Exporting Countries (OPEC) yesterday approved the capping of Nigerian oil production at 1.8 million barrel per day (bpd). Accordingly, OPEC called on several members to boost compliance with production cuts to help clear excessive global stocks and support flagging prices. A ministerial committee of OPEC and non-OPEC known as the Joint […]

Halliburton Sees Drillers `Tap the Brakes’ on Shale Boom

Halliburton Co., promising to be disciplined in adding more fracking gear to the oilfields, says U.S. explorers are “tapping the brakes” on drilling as the price of oil struggles to breach $50 a barrel. The comments come days after Baker Hughes data found that explorers reduced the number of U.S. rigs for the second time […]