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 Taylor Energy

Taylor Energy is an independent American oil company that drills in the Gulf of Mexico based in New Orleans, Louisiana. The company was founded in 1979 by Patrick F. Taylor. Since his death in 2004, his wife Phyllis Taylor has assumed ownership and is the chairman and CEO—making her the wealthiest woman in Louisiana. Taylor has been actively supporting the reconstruction of New Orleans since its destruction during Hurricane Katrina.


The company's founder, Patrick Taylor, grew up in Beaumont, Texas, was kicked out of his home by his father, and attended Louisiana State University under a free tuition program. He married Phyllis Miller in 1965, who had grown up in Abbeville, Louisiana and had been one of the first women to graduate from Tulane Law School.


After achieving success, Taylor became a champion for free college education. He achieved some press in 1988 for promising a group of 183 middle school students that he would provide for their college education if they could maintain their grades; the follow-through was later covered on 60 Minutes.


He would also join with Texas State Senator Royce West in 1998 to form what is now known as the TEXAS Grant program ¹, which pays for college tuition and fees for students from low and middle-income families.


Circa February 1, 2008, Taylor Energy Company, one of the largest privately owned oil and gas companies operating in the Gulf of Mexico, has agreed to sell all its energy assets to a joint venture between Korea National Oil Corporation and Samsung C&T Corporation.

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updated Sun. January 1, 2023

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The leak, from a collapsed platform once operated by the now defunct Taylor Energy Company, could continue for 100 years unless it is properly sealed, the safety agency has estimated. Next, the oil and gas companies pushed to unravel a major safety requirement known as the well-control rule, which ...

Upon Pat Taylor's death in 2004, Phyllis Taylor assumed control of Taylor Energy and the Taylor Foundation, which she operates out of her office in the Taylor Building on Lee Circle. "The challenges of the day get me up in the morning," Taylor said in 2016. "I'm never too sure what the day will hold.
After graduation, he worked for a time with oilman John Mecom Sr. -- the father of the first owner of the New Orleans Saints -- and eventually opened Taylor Energy, the oil and gas exploration company on which he built his fortune. Taylor's scholarship program was an immediate success upon its 1988 ...
An example of that risk is the Taylor Energy drilling platform in the Gulf of Mexico, she said. Sunk by Hurricane Ivan in 2004, that rig continues to leak oil, and is expected to keep on spilling for many more years. Another risk is that sediments in the South Atlantic Bight, the area proposed for exploration, are ...
New Orleans-based Taylor Energy sued the government in January 2016 to recover millions of dollars it set aside for work to end the leak. The suit claims regulators violated a 2008 agreement requiring the company to deposit approximately $666 million in a trust to pay for leak response work.
Good afternoon! Here's a look at AP's general news coverage in Texas at this hour. Questions about coverage plans are welcome and should be directed to the Dallas AP at 972-991-2100, or, in Texas, 800-442-7189. Email: aptexas@ap.org. Michael Graczyk is at the desk. A reminder: This information is ...
New Orleans-based Taylor Energy sued the government in January 2016 to recover millions of dollars it set aside for work to end the leak. The suit claims regulators violated a 2008 agreement requiring the company to deposit about $666 million in a trust to pay for leak response work. The company argued ...
Federal regulators have found fresh evidence of an "ongoing oil release" at the site of a 13-year-old oil leak in the Gulf of Mexico, where chronic sheens often stretch for miles off Louisiana's coast, according to government lawyers. In a court filing Friday, Justice Department attorneys said recent scientific ...
Taylor's energy keeps proceedings fun and frantic, while also delivering an alternative message in a saccharine industry. A beautifully ludicrous amount of fun, Nic Cage is at his unhinged best, and the dark humour has you in tears while feeling immense guilt. Parents stay away (or let off some steam)!.


 

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