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Louisiana oil and gas company Taylor Energy will be liquidated and required to turn over all its remaining assets to the United States to resolve its liability for an oil. ....
Photo courtesy of the Coast Guard The Coast Guard is suspending the search for the eight crewmembers from the Seacor Power lift boat that capsized off the coast of Lafourche Parish. Captain Will Watson says suspending a search is one of the toughest decisions they have to make and he describes the meeting they had with the families of the victims. “There’s a lot of hugging and a lot of crying and a lot of sadness and grief, but there’s also a lot of hope and a lot of faith still,” said Watson. Seacor Marine President John Gellert says 17 divers will continue to search the capsized lift boat as they remain committed to recovering all of the missing. He says the divers have been through half of the vessel. ....