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.
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.
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.
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.
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.
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.