Energy

The LSU AgCenter steps up its game to tackle invasive species

The LSU AgCenter is developing a new center to better understand and control invasive species as they continue to damage both the state’s economy and ecosystem. 

Domestic oil production hits all-time high

After three and a half years of recovering from COVID-era losses, U.S. oil production hit an all-time high this past week. 

Here’s what critics are saying about last week’s hydrogen hub announcement

There’s criticism over a lack of transparency by the Department of Energy around the application and selection process.

Billions of dollars to clean up abandoned oil and gas wells will only make a dent 

An infusion of federal money has helped Louisiana plug nearly 500 abandoned oil and gas wells this year.

Biden administration will spend $7B to build hydrogen power hubs  

The Biden administration is directing $7 billion from the bipartisan infrastructure law to build seven regional hydrogen power hubs in 16 states, the White House announced this morning. 

Air Products announces fund to benefit Lake Maurepas communities

Air Products will invest $1 million annually in communities bordering Lake Maurepas as part of the Lake Maurepas Community Fund, the company announced today.
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As climate risks mount, insurance safety net is breaking down

To handle the risk of massive payouts, insurance companies sell policies across different markets—reasoning...

ExxonMobil doubles down on fossil fuels with $59.5B deal 

ExxonMobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion―its largest buyout since acquiring Mobil two decades ago―creating a colossal fracking operator in West Texas.

Tellurian asks FERC for more time to finish Driftwood LNG export plant

U.S. energy company Tellurian Inc. has asked federal energy regulators for more time to build its Driftwood liquefied natural gas export plant near Lake Charles, Reuters reports.

These trends are reshaping the industrial, construction and contracting sectors

The South Central Louisiana chapter of the Construction Financial Management Association held its annual...