Energy

New Fortress Energy seeks to build LNG terminal 16 miles off Grand Isle

New Fortress Energy Inc. announced last week that it has filed applications with the U.S. Maritime Administration, the Coast Guard and the Department of Energy to construct and operate a new offshore natural gas liquefaction terminal off Louisiana.

Natural disasters eventually could cost US $2 trillion annually

Floods, drought, wildfires and hurricanes made worse by climate change could cost the U.S....

State authority puts forth $1.3B coastal restoration spending plan for fiscal year 

The Coastal Protection and Restoration Authority has put forward a nearly $1.3 billion spending plan for the fiscal year that begins July 1, marking the first time CPRA could hit its goal of spending $1 billion annually on its 50-year, $50 billion comprehensive coastal restoration blueprint. 

MMR solar energy storage project a sign of sector growth

Azelio AB, a Swedish renewable power company, is working with Baton Rouge-based MMR Group to bring its solar energy storage system to the domestic market. 

Biden wants to penalize oil companies not producing on public land leases 

President Joe Biden today ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, a bid to control energy prices that have spiked after the U.S. and allies imposed steep sanctions on Russia over its invasion of Ukraine.

PSC hires consultant to evaluate utilities’ operations

The Louisiana Public Service Commission voted Wednesday to hire an outside engineering consultant to...
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Proposed Grön Fuels facility finds powering partner

Babcock and Wilcox, an Ohio-based energy and service provider, will partner with Kiewit Industrial to provide power to the Grön Fuels facility planned for the Port of Greater Baton Rouge, Babcock and Wilcox announced today.

Another active hurricane season predicted for 2022 

The 2021 hurricane season was the third most active on record and AccuWeather's hurricane...

Lake Charles engineering firm’s patent could shake up oil industry 

Polaris EPC in Lake Charles has been awarded a patent that might significantly reduce the local dependence on oil imports, KPLC News reports.

Louisiana chemical production outlook ‘best we’ve seen in several years’

Louisiana’s chemical manufacturing sector could be “poised for a booming year,” says Rhoman Hardy, senior vice president, U.S. Gulf Coast, Shell Chemicals and Products.