Louisiana’s oil and natural gas industry is helping the state to recover economically, according to a report released today by the Louisiana Mid-Continent Oil and Gas Association. The report highlights the energy industry’s direct economic activity in Louisiana as well as the indirect and induced jobs and economic value added to the economy. It shows
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Hurricane Laura came ashore in the heart of oil and gas territory. The storm’s destruction should serve as a wake-up call to companies operating along the Gulf Coast. Hurricane season is a reminder for all in the oil and gas industry to review their disaster plan and emergency response plans. Sustained winds, debris, shifting shorelines,
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An offshore natural gas pipeline that serves four major U.S. Gulf of Mexico production platforms remained out of commission on Monday, pipeline operator Enbridge Inc said, following Hurricane Laura’s destructive path through the area. Energy companies continued to inspect and restart offshore operations while damage assessments onshore were hampered by power outages. In Lake Charles,
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The Louisiana Mid-Continent Oil & Gas Association (LMOGA) is a valuable resource for learning more about hurricane preparations for the oil and gas industry. Founded in 1923, it is a trade association exclusively representing all sectors of the oil and gas industry operating in Louisiana and the Gulf of Mexico. LMOGA serves exploration and production,
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The US oil and gas labor market is among the world’s most severely hit by the downturn that the COVID-19 pandemic has brought, a Rystad Energy analysis of the latest data from the US Bureau of Labor Statistics (US BLS) reveals. More than 100,000 oil and gas jobs have already been lost in total, with
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During the final weeks of April, oil prices plunged to the lowest they’ve ever been in U.S. history in the wake of the ongoing COVID-19 pandemic. Just last week, crude oil trading was below zero for the first time in history. Experts say the COVID-19 pandemic has contributed to halting the demand for oil, resulting
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Every day, the oil and natural gas transported through pipelines enable the educational experiences of students across the country. In every classroom, you can find essential equipment and tools made from petroleum products. Here are just a few examples of how oil and gas fuel education: School Supplies Glue, paints, plastics, calculators, and computers all
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Every day the oil and natural gas transported through pipelines enable the educational experiences of students across the country. In every classroom you can find essential equipment and tools made from petroleum products. Here are just a few examples of how oil and gas fuel education. School Supplies Many of the items students use in
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