Behind ExxonMobil’s polyolefins plant on Scenic Highway, the oil and gas giant has been constructing a new, $500 million polypropylene plant since 2019. After a few delays, the project is slated to be finished in late 2022.
The new study by the nonprofit First Street Foundation, which analyzes flood risk data in the face of a changing climate, found that seven of the top 20 counties in the U.S most at risk for flooding are in Louisiana:
The federal government is moving from asking oil and gas pipeline owners to improve their cybersecurity to telling them to do so, an attorney whose practice includes cybersecurity says.
Oil companies across the country are slowly deploying more shale oil rigs as the economy recovers from the 2020 recession, but shale rig numbers in Louisiana are already close to pre-pandemic levels as oil prices continue to rise.
The Capital Region will have gained back about 81% of the jobs it lost to the COVID-19 pandemic by the end of this year, outpacing the rest of the state, economist Loren Scott predicts.
Retired Army Lt. Gen. Russel Honoré called on Gov. John Bel Edwards and Louisiana’s Legislature to force oil companies to seal the roughly 4,600 abandoned oil wells around the state, during a demonstration in Lafayette today.