Energy

Foreign LNG demand sends buyers flocking to Gulf Coast  

Outside interest in American natural gas is surging, with LNG developers along the Gulf Coast landing a record number of contracts this year, boosting the profile of Louisiana’s export terminals. 

SWAT acquires Midwest Cooling Tower Services

Gonzales-based Specialty Welding and Turnarounds LLC, which provides technical maintenance services to chemical, refining, renewable, and industrial clients, today announced the acquisition of Midwest Cooling Tower Services from Dorilton Capital.

Climate task force members say draft plan won’t meet Gov. Edwards ‘net zero’ goal

Some members of the Louisiana Climate Initiatives Task Force warned last week that their latest draft recommendations to reduce greenhouse gas emissions would not meet Gov. John Bel Edwards’ goal of “net zero” carbon emissions by 2050, according to NOLA.com.

Plant maintenance will boost Capital Region construction jobs in 2022

Sluggish growth in the industrial sector is preventing the number of Louisiana construction jobs from bouncing back to their pre-pandemic levels, though that might be about to change, says Ken Naquin, CEO of the Louisiana Association of General Contractors. 

ExxonMobil’s new CFO looks to further pay down oil giant’s debt   

ExxonMobil is looking to further reduce its debt, evaluating sustainability-linked financing instruments and preparing for potential new climate-related disclosure requirements, finance chief Kathryn Mikells says. 

Northwest Louisiana scores three projects totaling more than $750M

Louisiana Economic Development this week announced three big-ticket developments that could be coming to...
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PSC rules for stronger grid, abandoned poles won’t come until late 2022

The Louisiana Public Service Commission expects to finish crafting rules regarding strengthening the electricity distribution grid and taking care of abandoned utility poles during the second half of next year, according to Commissioner Craig Greene’s office.

Stantec grows footprint with Texas acquisition

Engineering and design firm Stantec has signed an agreement to acquire Environmental Consulting, an Austin, Texas-based company that specializes in environmental compliance services.

Baton Rouge ranked last among major metros for clean energy

Baton Rouge ranks last among the nation’s 100 major cities and metropolitan areas for efforts to promote clean energy and mitigate climate change, according to the American Council for an Energy-Efficient Economy.

Haynesville Shale playing key role during energy transition 

Natural gas remains in the energy transition spotlight as more producers have recently announced environmental certification of their products, even as the industry pushes back against congressional scrutiny of U.S. LNG exports, S&P Global reports.