Oil and Gas

moreno carousel 3His company bankrupt and being liquidated, the Lafayette businessman’s financial troubles are mounting.

moreno carousel 2Court-appointed examiner says Lafayette businessman was “effectively on both sides” of transactions, opens door for legal action against him.

Of the major oil- and gas-producing states, Louisiana gained nine rigs, Texas increased by seven, California gained three and New Mexico increased by one.

Pipeline-Map

Eleven Senate Democrats, including Louisiana's Mary Landrieu and five others who face contested races this year, urged President Barack Obama on Thursday to approve the Keystone XL oil pipeline by the end of May.

The attorneys representing the Southeast Louisiana Flood Protection Authority-East in its lawsuit against 97 oil and gas companies may have just quashed the main line of criticism coming from Gov. Bobby Jindal and the Louisiana Oil and Gas Association.

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