Haynesville discovery bolsters Louisiana statewide
Benefits from the Haynesville Shale deposit in northwest Louisiana have trickled south in the form of contracts and jobs, offsetting slow oil and gas activity downstate that has led to layoffs and...
View ArticleStocks jump after pending home sales top forecasts
NEW YORK –The stock market rebounded today after a stronger-than-expected increase in pending home sales restored investors’ optimism about the economy. The Dow Jones industrial average rose about 226...
View ArticleBP plans to burn some oil pumping up to surface
Now that crews are collecting more and more oil from the sea-bottom leak, the question is where to put it. How about burning it? Equipment collecting the oil and bringing it to the surface is believed...
View ArticleAnniversary flight to Gulf disaster site planned
The owner of the rig that exploded in the Gulf of Mexico nearly one year ago is quietly arranging to fly relatives of the 11 men who died out to the disaster site on the anniversary next month. Four...
View ArticleKin of Gulf rig worker killed settles legal claims
The parents of a rig worker killed in the Deepwater Horizon explosion nearly a year ago have settled their legal claims against companies involved in the Gulf of Mexico disaster. A New Orleans federal...
View ArticleNew evidence cites more mistakes leading up to oil spill
A BP scientist identified a previously unreported deposit of flammable gas that could have played a role in the Gulf of Mexico oil spill, but the oil giant failed to divulge the finding to government...
View ArticleSuperior deal highlights energy sector M&A activity
Consolidation in the energy services industry highlights Louisiana’s merger and acquisition activity for October. Superior Energy Services will acquire Houston-based Complete Production Services for an...
View ArticlePort Fourchon awards $15.7M construction contract
The growth at Port Fourchon comes as a wave of oil and gas activity returns to the Gulf of Mexico, particularly as companies such as ExxonMobil and Royal Dutch Shell aim to develop massive oil finds in...
View ArticleSchlumberger donates $1.3M in software to UNO
Global oilfield services company Schlumberger has donated $1.3 million in oil and gas exploration software to the University of New Orleans.
View ArticleSchlumberger buying Cameron International in $12.71B deal
Schlumberger is buying Cameron in a cash-and-stock deal valued at about $12.71 billion that would create an oilfield equipment and service powerhouse.
View ArticleHaynesville discovery bolsters Louisiana statewide
Benefits from the Haynesville Shale deposit in northwest Louisiana have trickled south in the form of contracts and jobs, offsetting slow oil and gas activity downstate that has led to layoffs and...
View ArticleStocks jump after pending home sales top forecasts
NEW YORK –The stock market rebounded today after a stronger-than-expected increase in pending home sales restored investors’ optimism about the economy. The Dow Jones industrial average rose about 226...
View ArticleBP plans to burn some oil pumping up to surface
Now that crews are collecting more and more oil from the sea-bottom leak, the question is where to put it. How about burning it? Equipment collecting the oil and bringing it to the surface is believed...
View ArticleAnniversary flight to Gulf disaster site planned
The owner of the rig that exploded in the Gulf of Mexico nearly one year ago is quietly arranging to fly relatives of the 11 men who died out to the disaster site on the anniversary next month. Four...
View ArticleKin of Gulf rig worker killed settles legal claims
The parents of a rig worker killed in the Deepwater Horizon explosion nearly a year ago have settled their legal claims against companies involved in the Gulf of Mexico disaster. A New Orleans federal...
View ArticleNew evidence cites more mistakes leading up to oil spill
A BP scientist identified a previously unreported deposit of flammable gas that could have played a role in the Gulf of Mexico oil spill, but the oil giant failed to divulge the finding to government...
View ArticleSuperior deal highlights energy sector M&A activity
Consolidation in the energy services industry highlights Louisiana’s merger and acquisition activity for October. Superior Energy Services will acquire Houston-based Complete Production Services for an...
View ArticlePort Fourchon awards $15.7M construction contract
The growth at Port Fourchon comes as a wave of oil and gas activity returns to the Gulf of Mexico, particularly as companies such as ExxonMobil and Royal Dutch Shell aim to develop massive oil finds in...
View ArticleSchlumberger donates $1.3M in software to UNO
Global oilfield services company Schlumberger has donated $1.3 million in oil and gas exploration software to the University of New Orleans.
View ArticleSchlumberger buying Cameron International in $12.71B deal
Schlumberger is buying Cameron in a cash-and-stock deal valued at about $12.71 billion that would create an oilfield equipment and service powerhouse.
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