The oil industry along the Gulf Coast, spanning Texas and Louisiana, is being discussed in the context of strategic oil reserves and coordination with the International Energy Agency.
3 reports, 2 independent
Updated May 28
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New informationRepeats or wire copies
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What happened
The oil industry along the Gulf Coast, spanning Texas and Louisiana, is being discussed in the context of strategic oil reserves and coordination with the International Energy Agency.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Salt caverns are located beneath Texas and Louisiana.Sub-event
- The International Energy Agency urged member states to draw on strategic petroleum reserves.Sub-event
- TotalEnergies deployed an integrated energy model in the U.S. and operates a power trading hub in Houston, Texas.Sub-event
- Amid a production surge, Texas is noted for its significant contribution to U.S. crude oil output, allowing companies like Diamondback Energy to capitalize on the market conditions.Sub-event
- Investec is involved in a financing consortium operating in the Texas Gulf Coast region.Sub-event
Gulf Coast oil industry relies on strategic reserves and IEA coordination for national security.1 source
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The entities involved
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Texas
state of the United States of America
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Louisiana
state of the United States of America
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Strategic Petroleum Reserve
Petroleum company in India
Related events
- US oil production gap is widening as output growth struggles against declining global demand, according to EIA projections.
- Oil field expansion is the primary location for oil production in West Texas.
- A company is exploring and developing oil and gas interests across New Mexico, Louisiana, North Dakota, and Texas.
- WesCan Energy Corp., headquartered in Calgary, explores and produces oil and gas assets in Texas and Alberta.
- Foreign vessels are moving petroleum products between the states of Louisiana, Connecticut, and Florida.
Coverage
Newest first; wire copies grouped- theconversation.com
- ACCESS NewswireSouthern Energy Corp. Announces Restricted Share Award Grant CALGARY, AB / ACCESS Newswire / August 20, 2025 / Southern Energy Corp. ("Southern" or the "Company") (TSXV:SOU)(AIM:SOUC) announces that