Louisiana News
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Updated 1 hour, 42 minutes ago
The U.S. process for approving natural gas exports may need revamping to ensure that the domestic economic implications of more overseas sales are fully considered, the chairman of the Senate’s energy panel said.
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Updated 2 hours, 29 minutes ago
Greyhound, the iconic U.S. bus brand, has turned to pricing models used by the airline industry as it seeks a ticketing system capable of boosting profitability by charging more for travel during peak periods.
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Updated 3 hours, 8 minutes ago
The European Union tightened safety rules for offshore oil and natural-gas exploration to curb the risk of a major accident after BP Plc’s 2010 spill in the Gulf of Mexico, the largest in U.S. history.
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Updated 16 minutes ago
A swath of the Midwest that’s home to 63.9 million people faced a third day of tornadoes, powerful thunderstorms and damaging hail from the same system that spawned yesterday’s deadly Oklahoma twister.
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Liquefied natural gas exports from the U.S. are looking more likely after the Freeport LNG terminal got conditional approval from the Department of Energy, Goldman Sachs Group Inc. said.
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Updated 7 minutes ago
Former BP Plc executive David Rainey won a bid to dismiss a charge he obstructed a congressional investigation into the 2010 oil spill because his indictment was flawed, a U.S. judge ruled.
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A large and “extremely dangerous” tornado slammed into suburbs south of Oklahoma City as watches for destructive storms and flooding were posted in five states.
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Natural gas futures advanced to the highest settlement price in almost three weeks on forecasts for above-normal temperatures that would boost demand for the power- plant fuel to run air conditioners.
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Crude from the Bakken shale formation weakened against U.S. benchmark West Texas Intermediate after monthly production hit a record in March and rig counts for North Dakota rose.
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U.S. Gulf Coast gasoline weakened for a fourth day, falling to the lowest level in almost six weeks, after Phillips 66 completed a restart of its Sweeny, Texas, refinery. Crack spreads widened.
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