Louisiana’s oil and gas sector should continue to benefit from strong oil prices this year, though the days of $100 a barrel for oil and $4 per gallon gasoline seem unlikely to return, an LSU expert says.
The Army Corps of Engineers is allocating more than $643 million from the Infrastructure Investment and Jobs Act for 21 coastal, waterway and flood projects in Louisiana, according to a news release from U.S. Sen. Bill Cassidy.
ExxonMobil this morning pledged to cut its net carbon emissions from its global operations by 2050, catching up with rivals who are minimizing their carbon footprints.
Lightsource bp today announced it has closed on a $533 million multiproject financing package for its 345-megawatt Ventress Solar project 30 miles northwest of Baton Rouge in Pointe Coupee Parish.
Energy prices rose an average of 59% last year, the most of any commodity, as the economic recovery from the global pandemic boosted demand for crude and petroleum products.
Hurricane Ida came ashore as a Category 4 storm on August 29, 16 years to the day after Katrina's landfall. While it did not deliver a direct hit to Baton Rouge, parts of the Capital Region were without power for more than a week.