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Content Tagged As oil

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  • US steps up attacks on Islamic State oil trucks in Syria

    November 23, 2015 11:51 AM

    WASHINGTON - The U.S. military is accelerating its attacks on tanker trucks used by the Islamic State to haul oil for its lucrative smuggling operations. A U.S. spokesman in Baghdad said Monday that the U.S. hit 283 oil tanker trucks in eastern Syria on Saturday as part of a concerted... more »
  • Obama administration nixes Keystone XL pipeline

    November 6, 2015 11:22 AM

    WASHINGTON - After seven years of federal review, the Keystone X-L oil pipeline has been rejected. President Barack Obama says he made the decision because the proposed project wouldn't serve U.S. national interests, and would have undercut the country's global leadership on climate change. Speaking at the White... more »
  • Feds: 1 dead in accident on drillship in Gulf of Mexico

    October 20, 2015 6:55 PM

    NEW ORLEANS - Two federal agencies are investigating an accident that killed a man on a ship drilling for oil in the Gulf of Mexico. The owners say nobody else was hurt. The accident occurred about 10:15 a.m. Tuesday on the drillship Pacific Santa Ana. Spokeswoman Amy Roddy... more »
  • Economists question Bush's prescription for lower gas prices

    September 29, 2015 7:02 PM

    DES MOINES, Iowa - Oil industry economists say a link between ending a 40-year oil export ban and lower prices at the gas pump is not as direct as Republican presidential candidate Jeb Bush would have voters believe in his new energy proposal. Bush's overall premise that lifting the... more »
  • Shell to end Arctic drilling exploration

    September 28, 2015 2:09 PM

    ANCHORAGE, Alaska - Alaska Gov. Bill Walker says Royal Dutch Shell's decision to stop exploratory drilling in the Arctic shows the state needs to drive its own destiny through oil and gas development. Shell said Monday that it was ending operations in the Chukchi Sea off Alaska after a test... more »
  • US drilling states guided on handling quakes

    September 28, 2015 1:05 PM

    COLUMBUS, Ohio - A working group of U.S. drilling states, seismologists, academics and industry experts has issued guidance to state regulators for handling human-induced earthquakes caused by hydraulic fracturing or the disposal of fracking wastewater. The StatesFirst initiative's 150-page report was released Monday. It represents perhaps the most candid discussion... more »
  • Weekly US oil and natural gas rig count falls by 6 to 842

    September 18, 2015 2:21 PM

    HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week declined by six to 842. Houston-based Baker Hughes said Friday that 644 rigs were seeking oil and 198 explored for natural gas. A year ago, with... more »
  • Louisiana oil and gas lease sales slump in September

    September 15, 2015 10:05 AM

    BATON ROUGE- Sales of oil and gas drilling rights on Louisiana state and local lands fell to $476,400 in September. The state saw relatively lucrative lease sales in June and August despite falling oil prices. The Louisiana Mineral and Energy Board awarded 10 leases covering nearly 1,600 acres during the... more »
  • What will drillers do as prices fall? Depends who you ask

    September 11, 2015 12:27 PM

    Goldman Sachs says the world has more oil than it had thought and expects prices to slip below $40 per barrel, and maybe lower, because the glut may linger deep into next year. On the same day, the International Energy Agency said production outside OPEC countries will drop sharply in... more »
  • Randy Anny, wife plead not guilty to fraud, conspiracy check to see if lock exists for regeneration Play Video

    September 3, 2015 12:49 PM

    SORRENTO - A Sorrento Council member and his wife pleaded not guilty to federal charges they illegally claimed thousands of dollars of Gulf oil spill recovery money. Randy Anny and his wife Barbara entered their pleas in federal court in Baton Rouge Thursday morning. They both face charges of... more »
  • Environmental groups say settlement not final in Gulf oil leak lawsuit

    August 27, 2015 1:00 PM

    NEW ORLEANS - Environmental groups say they're pleased at the progress of talks with a New Orleans company that has failed to end a decade-old oil leak in the Gulf of Mexico, but it's too early to talk about potential settlements. Taylor Energy Co. said Thursday it has reached... more »
  • Bayou Companies to expand at Port of Iberia

    August 27, 2015 9:56 AM

    NEW IBERIA- Another oil and gas service company will expand operations at the Port of Iberia. Bayou Companies is embarking on $39 million in upgrades to the pipe-coating facility at the port. The upgrades will provide specialty anticorrosion coating for deepwater pipelines in the Gulf of Mexico. David Taldo, director... more »
  • Barrel of US crude drops below $40

    August 21, 2015 6:23 PM

    NEW YORK - A barrel of U.S. crude oil fell below $40 per barrel for the first time since the end of the global economic crisis. Friday's fall, to $39.86, was just the latest indicator of a vast shift in the energy landscape over the past year. U.S. Oil bounced... more »
  • BP settlement money flows to governments in far-flung places

    August 20, 2015 3:16 PM

    BATON ROUGE - Clusters of municipalities more than 100 miles from the Gulf Coast have secured millions of dollars in BP money through settlements designed to compensate local governments for economic damage after the company's 2010 oil spill. This week, BP finished making approximately $687 million in settlement payments to... more »
  • Officials say there's still interest in Gulf oil

    August 19, 2015 1:27 PM

    NEW ORLEANS - Federal and trade group officials say there's still interest in Gulf of Mexico oil and gas, despite low figures from Wednesday's lease sale for tracts off the Texas coast. Bureau of Ocean Energy Management official Mike Celata says the bureau is not considering a cut in... more »
  • Feds allow Shell to drill for oil in Arctic Ocean off Alaska

    August 17, 2015 3:09 PM

    ANCHORAGE, Alaska - The federal government has given Royal Dutch Shell the final permit it needs to drill for oil in the Arctic Ocean off Alaska's northwest coast for the first time in more than two decades. The Bureau of Safety and Environmental Enforcement said Monday that exploratory drilling can... more »
  • Oil export ban to ease restrictions

    August 14, 2015 9:55 PM

    EDGARTOWN, Mass. - The U.S. is easing up on the long-standing ban on exporting crude oil. Now the government is allowing limited trade with Mexico, according to a senior White House official. He was not authorized to comment by name, and only spoke to the Associated Press on the condition... more »
  • Weekly US oil and natural gas rig count unchanged at 884

    August 14, 2015 1:38 PM

    HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week remained steady at 884. Houston-based Baker Hughes said Friday 672 rigs were seeking oil and 211 explored for natural gas. One was listed as miscellaneous. A... more »
  • $140M in conservation work proposed for Gulf of Mexico

    August 13, 2015 5:13 PM

    NEW ORLEANS - Ten watersheds around the rim of the Gulf of Mexico - from Florida to Texas - are being looked at as sites for $140 million in proposed conservation projects under a plan to restore the Gulf from BP's catastrophic 2010 oil spill. This money comes from... more »
  • Councilman, wife accused of making false oil spill claim

    August 6, 2015 2:58 PM

    BATON ROUGE - Federal prosecutors unsealed an indictment Thursday which accuses Sorrento councilman Randy Anny and his wife Barbara of illegally claiming thousands of dollars of Gulf oil spill recovery money. U. S. Attorney Walt Green said Anny and his wife face federal charges of conspiracy and wire fraud.... more »
  • Jindal: Florida Fuel Connection to invest in rail project

    July 28, 2015 6:38 PM

    BATON ROUGE - State officials say Florida Fuel Connection LLC will make a $75 million capital investment to build a petroleum terminal and rail transportation facility in East Feliciana Parish, near the Mississippi River. Gov. Bobby Jindal and Florida Fuel Connection CEO John H. Armbrust announced the plans Tuesday. Jindal,... more »
  • Evacuation lifted after lightning causes oil well fire

    July 27, 2015 3:41 PM

    LAKE ARTHUR - Authorities lifted an evacuation order Monday around a Vermillion Parish oil well which caught fire after a lightning strike this weekend. The Vermillion Parish Sheriff's Office said the fire was allowed to burn out at the well, which is on La. 717 west of Gueydan off... more »
  • Evacuations reported after Lake Arthur oil well fire

    July 26, 2015 5:57 PM

    LAKE ARTHUR, La. - Authorities evacuated a small area of Lake Arthur in south Louisiana after an oil well blew out Sunday, according to reports. KATC reported the fire happened in Vermillion Parish on Highway 717 across the Lake Arthur Bridge. Authorities told residents the fire started when lightning... more »
  • DEQ says 175 barrels of oil spilled in Denham Springs, cleanup underway

    July 24, 2015 3:15 PM

    DENHAM SPRINGS – The Department of Environmental Quality said they believe 175 barrels of crude oil spilled into ditches on Linder Road in Denham Springs after a tanker truck overturned Monday. Emergency officials in Livingston parish said the truck rolled into the ditch Monday morning and spilled more than... more »
  • Oil prices remain below state budget estimate check to see if lock exists for regeneration Play Video

    July 22, 2015 7:16 PM

    BATON ROUGE- Oil prices dropped below $50 a barrel Wednesday, which is good news for drivers but bad for Louisiana's state budget. The state estimated oil prices to average $61 a barrel for the year. For every dollar it drops below that, Louisiana loses around $12 million. That's money... more »
  • Security video shows moment tanker flipped in Livingston check to see if lock exists for regeneration Play Video

    July 20, 2015 11:48 AM

    DENHAM SPRINGS - Emergency officials said hundreds of gallons of crude oil spilled after a tanker truck overturned in Denham Springs Monday morning. Livingston Parish emergency director Mark Harrell said the truck spilled more than 90 percent of its load of light, sweet crude into a ditch on Linder... more »
  • Baton Rouge accepts $2.1 million settlement from BP

    July 15, 2015 5:52 PM

    BATON ROUGE - The city of Baton Rouge agreed to accept a settlement of $2.14 million dollars from BP for economic losses caused by the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. U.S. District Judge Carl Barbier set a July 15 deadline for local governments to... more »
  • Texas Brine sues oil driller over sinkhole

    July 9, 2015 5:24 PM

    NAPOLEONVILLE - Texas Brine accused an oil and gas drilling company in a lawsuit Thursday of creating a massive sinkhole near Bayou Corne through their operations. The suit claims Oxy Petroleum's drilling and oil production damaged the surrounding salt dome and ultimately caused the sinkhole to appear in August... more »
  • Judge refuses to toss lawsuit over decade-old Gulf oil leak

    July 7, 2015 5:54 PM

    NEW ORLEANS - A federal judge has refused to dismiss a lawsuit that environmental groups filed against a New Orleans-based company responsible for a decade-old oil leak in the Gulf of Mexico. U.S. District Judge Susie Morgan ruled Tuesday that a trial is necessary to determine whether several plaintiffs led... more »
  • Gulf states reach $18.7B settlement with BP over oil spill

    July 2, 2015 9:19 AM

    NEW ORLEANS- Officials in Florida, Alabama, Mississippi and Louisiana have announced an $18.7 billion settlement with BP that resolves years of litigation over the 2010 Gulf of Mexico oil spill. Thursday's settlement announcement comes as a federal judge was preparing to rule on how much BP owed in federal Clean... more »
  • Fracking foes trying a new approach in St. Tammany Parish

    June 23, 2015 12:00 PM

    COVINGTON - An environmental group in St. Tammany has launched a new effort to curtail a fracking project, which started last week. The New Orleans Advocate reports Preserve St. Tammany plans to ask the Parish Council to put a referendum before voters on whether to require an "industrial impact bond"... more »
  • Louisiana reopens waters closed after 2010 oil spill

    June 10, 2015 7:34 AM

    BATON ROUGE- Louisiana wildlife and fisheries regulators have reopened state waters in the Gulf of Mexico that were previously closed because of oiling from the 2010 Deepwater Horizon oil spill. The Department of Wildlife and Fisheries, in a news release Tuesday, said the 100-yard buffer from any shoreline in a... more »
  • Merkel says nations in agreement to phase out fossil fuels

    June 8, 2015 11:17 AM

    ELMAU, Germany - German Chancellor Angela Merkel says the Group of Seven wealthy democracies have agreed that the world should phase out the use of fossil fuels by the end of this century. Merkel said Monday that the G-7 leaders committed themselves to the need to "decarbonize the global... more »
  • US oil and natural gas rig count drops by 7 to 868

    June 5, 2015 3:19 PM

    HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by seven this week to 868. Houston-based Baker Hughes said Friday 642 rigs were seeking oil and 222 explored for natural gas. Four were listed as miscellaneous.... more »
  • Trial set for ex-BP executive accused of obstructing probe

    June 1, 2015 4:09 AM

    NEW ORLEANS- A federal trial is set to begin in New Orleans for a former BP executive accused of obstructing a congressional investigation into the 2010 Gulf oil spill. David Rainey has pleaded not guilty to charges that he obstructed the investigation, and that he made false statements about his... more »
  • Once vilified, BP now getting credit for Gulf tourism boom

    May 25, 2015 11:29 AM

    ORANGE BEACH, Ala. - Tourism hasn't only recovered on the Gulf Coast five years after the BP oil spill - industry officials say it's surging. And they credit fallout from the environmental disaster as being part of the reason why. BP spent more than $230 million promoting tourism after the... more »
  • Fire on coastal Louisiana oil platform extinguished

    May 23, 2015 2:02 PM

    NEW ORLEANS - The Coast Guard says a fire on an oil production platform off Louisiana's coast is out. Petty Officer Carlos Vega said the fire in Breton Sound was extinguished around 6 a.m. Saturday. The fire had been reported at 2:50 a.m. Friday by an offshore supply vessel that... more »
  • US oil and natural gas rig count drops by 3 to 885

    May 22, 2015 1:27 PM

    HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 885. Houston-based Baker Hughes said Friday that 659 rigs were seeking oil and 222 explored for natural gas. Four were listed... more »
  • More oil industry layoffs

    May 20, 2015 11:37 PM

    LAFAYETTE - The falling oil prices have taken its toll on more Louisiana oil industry workers. The Associated Press reported Wednesday night, Frank's International is laying off 150 of its employees in Lafayette. The company is trying to trim its workforce by 400 to 600 employees. Workers were told... more »
  • $211M settlement reached with Transocean in 2010 oil spill

    May 20, 2015 5:52 PM

    NEW ORLEANS - Lawyers representing businesses and individuals claiming damages from the 2010 Gulf of Mexico oil spill have announced a $211 million settlement with Transocean Ltd., owner of the ill-fated Deepwater Horizon drilling rig. BP leased the rig from Transocean. The April 2010 explosion of the rig killed 11... more »
  • US Judge: Gulf oil spill records can't be kept secret

    May 20, 2015 3:43 PM

    NEW ORLEANS- A federal magistrate judge has rejected a company's bid to preserve the confidentiality of numerous emails and reports about its failed efforts to halt a decade-old Gulf of Mexico oil leak. The documents could be evidence in a lawsuit that environmental groups filed against Taylor Energy Co., which... more »
  • Federal study of dolphin deaths after BP spill due

    May 20, 2015 4:41 AM

    NEW ORLEANS- The results of a federal study into possible links between BP's catastrophic 2010 oil spill and a spate of dolphin deaths since the spill is set to be released Wednesday. The study is part of a wide-ranging assessment of ecological damage caused by the spill. Federal scientists have... more »
  • Auditor: Oil companies pay too little for oyster damage

    May 18, 2015 3:02 PM

    NEW ORLEANS - Oil companies that damage the state's public oyster grounds - for example when they drill wells and lay pipelines - are not required to pay enough in compensation to the state, according to a state legislative auditor's report. This was one of several findings in a Louisiana... more »
  • US says Gulf oil spill could last 100 years

    May 15, 2015 2:18 PM

    WASHINGTON - Government estimates obtained by The Associated Press show a decade-old oil leak could continue spilling crude into the Gulf of Mexico for a century or more if left unchecked. Taylor Energy Company owned a drilling platform that was toppled during Hurricane Ivan in 2004. It has played down... more »
  • Seattle, like it or not, becomes Shell's Arctic base

    May 14, 2015 5:57 PM

    SEATTLE - A 400-foot-long Arctic oil drilling rig pulled by tugs has arrived in Seattle waters despite environmentalists' protests and the city's opposition to letting it dock here. The Polar Pioneer drilling rig arrived in Seattle waters Thursday afternoon and was headed to Terminal 5. The Polar Pioneer is one... more »
  • Plan OK'd to drill into BP's ill-fated Macondo reservoir

    May 13, 2015 3:16 AM

    NEW ORLEANS- Deep-water drilling is set to resume near the site of the catastrophic BP PLC well blowout that killed 11 workers and caused the nation's largest offshore oil spill five years ago off the coast of Louisiana. A Louisiana-based oil company, LLOG Exploration Offshore LLC., plans to drill into... more »
  • Oil industry challenges rules meant to stop train explosions check to see if lock exists for regeneration Play Video

    May 12, 2015 3:49 PM

    BILLINGS, Mont. - The U.S. oil industry is challenging new rules aimed at reducing the risk of catastrophic accidents involving crude moved by rail. The American Petroleum Institute petitioned the U.S. Circuit Court of Appeals in Washington, D.C. to block a requirement that railroad tank cars known to fail be... more »
  • US oil and natural gas rig count drops by 11 to 894

    May 8, 2015 1:54 PM

    HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 11 this week to 894. Houston-based Baker Hughes said Friday that 668 rigs were seeking oil and 221 explored for natural gas. Five were listed as... more »
  • US oil and natural gas rig count drops by 22 to 932

    April 24, 2015 1:33 PM

    HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 22 this week to 932 amid depressed oil prices. Houston-based Baker Hughes said Friday 703 rigs were seeking oil and 225 explored for natural gas. Four... more »
  • 5 years after BP spill: What's changed in offshore drilling

    April 20, 2015 2:56 AM

    NEW ORLEANS - As oil gushed from BP's ruptured well five years ago and public outrage built by the day, the Obama administration issued a six-month moratorium on drilling in the Gulf of Mexico. When the well was finally capped after nearly three months, political and industry pressure mounted on... more »
  • Secrecy shrouds decade-old oil spill in Gulf of Mexico

    April 16, 2015 10:34 AM

    GULF OF MEXICO - Down to just one full-time employee, Taylor Energy Company exists for only one reason: to fight an oil leak in the Gulf of Mexico that has gone largely unnoticed, despite creating miles-long slicks for more than a decade. The New Orleans-based company has downplayed the leak's... more »
  • Offshore oil port leasing space to traders

    April 4, 2015 5:21 PM

    BATON ROUGE - Louisiana's offshore oil port, with huge underground storage caverns, was built to handle imported oil but is now leasing space to traders who need to store U.S. crude. Sources report that the Louisiana Offshore Oil Port recently auctioned 11.3 million barrels of monthly storage space and has... more »
  • US oil and natural gas rig count drops by 20 to 1,028

    April 2, 2015 1:59 PM

    HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 20 this week to 1,028 amid slumping oil prices. Houston-based Baker Hughes said Thursday 802 rigs were seeking oil and 222 exploring for natural gas. Four... more »
  • Four dead after Mexican oil rig catches fire

    April 1, 2015 4:34 PM

    MEXICO CITY - Mexico's state-owned oil company says a fire at an oil platform in the Gulf of Mexico has killed four workers. Sixteen others were injured in the fire on the shallow-water platform, and 300 were evacuated. The injured are being treated at a hospital in Campeche, on the... more »
  • Prices at the pump drop

    March 22, 2015 3:07 PM

    CAMARILLO, Calif. - The average national price of a regular gallon of gasoline has dropped 4 cents in the last two weeks to $2.50. Industry analyst Trilby Lundberg said Sunday that falling oil prices and strong production at U.S. refineries led to lower numbers at the pump. The drop during... more »
  • Cool Schools: Port Allen High learns about oil and gas production check to see if lock exists for regeneration Play Video

    March 17, 2015 7:44 AM

    BATON ROUGE- Dr. Rhonda Matthews has been a chemist for more than ten years, and is currently in her second year of teaching at Port Allen High School. One of her favorite classes to teach is Oil and Gas Production . The smaller-sized class teaches students about how refineries... more »
  • BNSF freight train with crude oil derails near Illinois city

    March 5, 2015 5:40 PM

    GALENA, Ill. - A BNSF Railway freight train containing 103 cars loaded with crude oil has derailed near the northern Illinois city of Galena. According to railroad officials, the train derailed around 1:20 p.m. Thursday in a rural area where the Galena River meets the Mississippi. Jo Daviess County Sheriff's... more »
  • April hearing set on ex-BP engineer's reversed conviction

    March 5, 2015 11:59 AM

    NEW ORLEANS - Federal prosecutors hoping to win reinstatement of an obstruction of justice conviction against a former BP engineer will argue their case next month at an appeals court in New Orleans. Prosecutors accused Kurt Mix of deliberately deleting text messages about the amount of oil flowing from BP's... more »
  • Train cars carrying crude derail in New Orleans

    March 2, 2015 1:59 AM

    NEW ORLEANS - The New Orleans Fire Department says two train cars carrying crude oil have derailed in the city but no oil has spilled. The department said in a statement Sunday night that it received a report of the derailment around 6:15 p.m. The statement says two New Orleans... more »
  • Gas prices in Baton Rouge spiking check to see if lock exists for regeneration Play Video

    February 26, 2015 9:23 PM

    BATON ROUGE - In the last two weeks, gas prices have surged above the $2 mark and experts warn they could continue to rise over the next few weeks. The state average is now $2.16; in Baton Rouge, the average is $2.14. The price for a gallon of regular... more »
  • Lawyers sanctioned over mishandling of BP damage claims

    February 26, 2015 6:44 PM

    NEW ORLEANS - A federal judge has barred three lawyers - including one who worked inside a court-supervised facility - from handling damage claims over BP's 2010 Gulf of Mexico oil spill because they allegedly lied about a system of payments set up to help speed claims through the process.... more »
  • Report: State budget's biggest problem isn't oil

    February 25, 2015 5:46 PM

    BATON ROUGE - A new report released by the Louisiana Legislative Fiscal Office cast doubt Wednesday on the Jindal administration's claims that a massive budget gap is largely due to falling oil prices. The Fiscal Office's report says the upcoming year's budget deficit was pegged at $1.2 billion before... more »
  • NC man charged with making false BP oil spill relief claims

    February 23, 2015 2:19 PM

    WILMINGTON, N.C - A North Carolina man has been charged with filing $2.3 million in false compensation claims following the 2010 Deepwater Horizon oil spill. Michael R. Rosella of Wilmington was arrested by federal authorities Monday and charged with one count of mail fraud, three counts of wire fraud and... more »
  • Levee authority divided over future of suit against oil

    February 19, 2015 3:42 PM

    NEW ORLEANS - A board of commissioners is in disagreement about whether to forge on with its high-stakes legal fight over wetlands damage by oil companies or drop their suit. Last Friday, U.S. District Judge Nannette Jolivette Brown dismissed the suit by the Southeast Louisiana Flood Protection Authority-East. Her dismissal... more »
  • Fire from W.Va. oil train derailment burns for 3rd day

    February 18, 2015 12:08 PM

    MOUNT CARBON, W.Va. - A fire triggered by the derailment of a train carrying crude oil is smoldering for a third day in southern West Virginia. State public safety division spokesman Larry Messina said Wednesday that the fire was 85 percent contained. The train carrying 3 million gallons of North... more »
  • Mexico puts some deep-water oil on hold amid crude's slide

    February 18, 2015 11:47 AM

    MEXICO CITY - Mexico's state-run oil company says it will postpone some deep-water exploration projects in response to a steep fall in crude prices. Petroleos Mexicanos director Emilio Lozoya says deep-water projects that have not already begun will be delayed. He added in Wednesday comments to local radio that there... more »
  • Train derailment sends tanker with crude oil into river

    February 17, 2015 2:08 AM

    MOUNT CARBON, W.V. - Two water treatment plants have been shut down and hundreds of families evacuated from their homes after a train carrying more than 100 tankers of crude oil derailed during a snowstorm in southern West Virginia. Officials say at least 14 tankers caught fire or exploded and... more »
  • Jindal to leave La.'s next governor with budget mess

    February 11, 2015 10:57 AM

    BATON ROUGE - Year after year, Louisiana didn't have enough money to cover its expenses, yet Gov. Bobby Jindal refused to roll back income tax cuts or ever-increasing corporate tax breaks. Instead, he raided reserve funds and sold off state property. Jindal suggested job growth from his economic development... more »
  • BP urges judges to remove head of oil settlement fund

    February 3, 2015 2:33 PM

    NEW ORLEANS- Attorneys for BP are urging a federal appeals court to remove the man responsible for handing out settlement money from the 2010 Gulf of Mexico oil spill. BP lawyers told the 5th U.S. Circuit Court of Appeals on Tuesday that Patrick Juneau failed to disclose that he had... more »
  • Yellowstone oil spills fuel arguments over Keystone line

    January 29, 2015 5:27 PM

    BILLINGS, Mont. - As Congress presses the Obama administration to approve the Keystone XL pipeline, government records show oil pipeline accidents have become increasingly frequent in the U.S. An Associated Press review shows accident numbers growing steadily since 2009, reversing a decade-long decline. Keystone would go from Canada to the... more »
  • Obama floats offering first-ever drilling lease in Atlantic

    January 27, 2015 11:11 AM

    WASHINGTON - The Obama administration is proposing to open up drilling off a broad swath of the Atlantic Coast for the first time, even as it restricts drilling off Alaska. The plan, unveiled Tuesday, envisions auctioning areas off Virginia, North and South Carolina, and Georgia to oil companies come 2021.... more »
  • Son accused of setting father's home on fire

    January 26, 2015 11:50 AM

    BATON ROUGE - Police arrested a Baton Rouge man Saturday after his father said the man set his house on fire while he was inside. Investigators accused 49-year-old Elton Barrow of aggravated arson. Firefighters said they were called out to the burning home on Avenue G just after... more »
  • After spill, pipeline company says new line will be safer

    January 23, 2015 11:06 AM

    BILLINGS, Mont. - A Wyoming company says it will replace a pipeline that broke and spilled oil into the Yellowstone River with a new line buried more deeply to protect against future accidents. The spill contaminated the water supply for 6,000 residents of Glendive, Montana. Officials said Friday that city... more »
  • Corps rejects request for new public hearing on Helis' plans

    January 22, 2015 10:44 AM

    NEW ORLEANS - The U.S. Army Corps of Engineers has dealt a setback to opponents of a proposed St. Tammany Parish oil well when it denied a request for a public hearing on the oil company's application for a wetlands permit. Attorneys for the group Concerned Citizens of St. Tammany... more »
  • Ice hampering oil spill cleanup in Yellowstone River

    January 19, 2015 1:00 PM

    GLENDIVE, Mont. - Ice is hampering crews working to clean up crude oil that spilled in and near the Yellowstone River in eastern Montana over the weekend. Bridger Pipeline says it's confident that no more than 1,200 barrels - or 50,000 gallons - of oil leaked during the hour-long breach... more »
  • Judge: 3 million barrels discharged after 2010 BP spill

    January 15, 2015 4:14 PM

    NEW ORLEANS - A federal judge has determined that 3.19 million barrels of oil was discharged into the Gulf of Mexico in 2010 as a result of a rig explosion at BP's Macondo well. This is less than government estimates of about 4.2 million, but more than the 2.4... more »
  • Baton Rouge oil jobs safe for now check to see if lock exists for regeneration Play Video

    January 14, 2015 7:00 PM

    LAFAYETTE - Oil jobs in Baton Rouge are safe for now, but things could change if oil prices don't bounce back by the end of the year. That's according to leaders with the Louisiana Oil and Gas Association, which held its annual State of the Industry address in Lafayette on... more »
  • With low oil, gasoline prices, is Keystone still necessary?

    January 11, 2015 10:42 AM

    WASHINGTON - A 50-percent plunge in the price of crude oil, and cheaper gasoline at the pump, raise questions about whether the Keystone pipeline is still needed - or even makes financial sense. Opponents will use lower prices to argue that it now could pose a greater threat to the... more »
  • Appeals court won't rehear a BP oil spill liability argument

    January 9, 2015 4:43 PM

    NEW ORLEANS - A federal appeals court has refused to reconsider its 2014 ruling that BP cannot avoid federal penalties for the 2010 Gulf of Mexico oil spill by blaming another company's failed equipment. The vote released Friday by the 5th U.S. Circuit Court of Appeals in New Orleans was... more »
  • Fed sees foreign weakness as risk to US economy

    January 7, 2015 1:24 PM

    WASHINGTON - Federal Reserve policy-makers discussed various risks to the U.S. economy at their December meeting but concluded that the big drop in oil prices was likely to end up boosting growth. Minutes of the Fed's Dec. 16-17 meeting show that Fed officials believed weakness in the global economy posed... more »
  • Oil group CEO: Amid price drop, US set to be global leader

    January 6, 2015 4:20 PM

    WASHINGTON - The CEO of the oil and gas industry's top lobbying arm says plunging oil prices may hurt American companies in the short run. But American Petroleum Institute CEO Jack Gerard says increased U.S. production and dropping oil prices also mean the U.S. is on its way to being... more »
  • US rig count plummets 35 to 1,840

    December 29, 2014 1:43 PM

    HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. plunged by 35 last week to 1,840. The Houston firm said Monday in its weekly report that 1,499 rigs were exploring for oil and 340 for gas. One... more »
  • Prices at the pump still falling

    December 26, 2014 11:12 AM

    WASHINGTON - It's the gift that keeps on giving. Gas prices have fallen to the lowest level since May of 2009 at an average of $2.32 a gallon. That's according to Triple-A spokesman Michael Green, who adds prices have fallen 92 straight days -- which has never happened before.... more »
  • Pre-trial hearing set for ex-BP exec

    December 3, 2014 6:37 AM

    NEW ORLEANS - Attorneys for one of the men facing criminal charges in connection with the 2010 Gulf oil spill are hashing out a variety of issues ahead of a March trial. The defendant is former BP executive David Rainey, who has pleaded not guilty to charges that he obstructed... more »
  • Kennedy: Higher ed could be 'gutted like a fish' check to see if lock exists for regeneration Play Video

    November 14, 2014 6:21 PM

    BATON ROUGE - After the state's Revenue Estimating Committee decided to trim back cash flow forecasts for the fiscal year, Treasurer John Kennedy warned Governor Jindal could take an axe to higher education to make up the difference. "Let me be blunt, they're gonna gut LSU and Southern and... more »
  • Dig up the facts on fracking check to see if lock exists for regeneration Play Video

    November 13, 2014 7:22 PM

    INDEPENDENCE- The controversial method of oil excavation called fracking is raising concerns for some communities, while others are pleased to welcome the process to their parish. In Tangipahoa, land owners are thrilled at the possibility of fracking on their land, because it can mean instant wealth and promises of... more »
  • Hearing held in flood board's oil industry lawsuit

    November 12, 2014 12:50 PM

    NEW ORLEANS - A federal judge has heard a series of complex arguments on the future of a lawsuit blaming numerous oil, gas and pipeline companies for the loss of coastal wetlands in Louisiana. U.S. District Judge Nanette Jolivette Brown says she's unlikely to issue a written ruling before Dec.... more »
  • Fracking for oil and gas check to see if lock exists for regeneration Play Video

    November 11, 2014 3:37 PM

    BATON ROUGE - Fracking for oil and gas looks to be a dream come true. More jobs, a huge boost to the economy, but at what cost? Is there a cost? Parishes are passionately divided. Decide where you stand as Rob Krieger digs up the facts Thursday on WBRZ... more »
  • Judge won't block St. Tammany anti-fracking suit

    October 28, 2014 3:36 AM

    BATON ROUGE - A state district judge in Baton Rouge has refused to block a lawsuit filed by St. Tammany Parish officials who hope to stop a proposed oil drilling and fracking project. Parish officials filed the lawsuit in June. They argue that the well is proposed for an area... more »
  • Oil group hosting job fair Wed. in Lafayette

    October 27, 2014 6:03 AM

    LAFAYETTE - The Louisiana Gulf Coast Oil Exposition is hosting a job fair Wednesday at the Cajundome & Convention Center from 9 a.m. until 2 p.m. for oil and gas industry companies looking for qualified employees. Military veterans will get special attention in the form of access to career experts... more »
  • US-led strikes hit IS group oil sites for 2nd day

    September 26, 2014 2:05 AM

    BEIRUT, Lebanon - Activists say airstrikes have targeted oil installations and other facilities in territory under the control of Islamic State militants in eastern Syria for a second consecutive day. The Britain-based Syrian Observatory for Human Rights says the strikes in Deir el-Zour province overnight and early Friday are believed... more »
  • Mexican cartels steal billions from oil industry

    September 25, 2014 1:43 AM

    CIUDAD MIER, Mexico - Mexico has overcome 75 years of nationalist pride to reform its flagging, state-owned oil industry. But as it prepares to develop rich shale fields along the Gulf Coast, and attract foreign investors, another challenge awaits: taming the brutal drug cartels that rule the region and... more »

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