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Active tropical season forecast raises risks for Louisiana oil and gas industry

Tropical weather and climate researchers at Colorado State University are predicting 17 named storms, eight hurricanes and four major hurricanes in 2021, reports S&P...

Louisiana drivers can expect gas prices to reach 3-year high this summer

Louisiana drivers can expect to pay more at the pump this summer, with gas prices projected to rise to the highest levels they’ve reached since 2018.

ExxonMobil considering sale of elastic polymer business

ExxonMobil is exploring a sale of its Advanced Elastomer Systems division, potentially valuing the elastic polymer maker at around $800 million including debt, according...

ExxonMobil plans $334M expansion at Baton Rouge chemical plant

ExxonMobil is planning to invest $334 million on  expansion and maintenance project at its Baton Rouge chemical plant on Scenic Highway, according to an...

Robots could replace 140,000 US oil and gas jobs over next 10 years

After losing thousands of jobs to the pandemic downturn, robotics and automation could slash hundreds of thousands more oil and gas jobs around the...

Panel: State’s job market would suffer from rapid shift to renewables

Replacing high-paying oil jobs with clean energy jobs is much easier said than done, a three-person panel of Louisiana professionals with Gulf Coast operations agreed during a virtual discussion Thursday evening of the state of the oil and gas industry.

Jeff Landry leads 13-state lawsuit to overturn oil and gas lease ban

Louisiana Attorney General Jeff Landry is leading a 13-state lawsuit against the Biden administration for what he calls “an attack on American energy independence,...

Dismukes challenges report calling Formosa project ‘financially unviable’

A Baton Rouge-based energy expert refutes several of the points made in a report released Tuesday by the Institute for Energy Economics and Financial Analysis, which called The Formosa Plastics Group’s proposed petrochemical complex in St. James Parish “financially unviable” and urged its cancellation.

Local impact of proposed Kansas City Southern acquisition not yet known

Baton Rouge-area industry leaders are determining how they may be affected by Canadian Pacific Railway’s plans to acquire Kansas City Southern in a $25 billion deal that would create the first freight-rail network linking Mexico, the U.S. and Canada.

Turner Industries selects Port of Iberia for new fabrication site

Gov. John Bel Edwards, Port of Iberia Executive Director Craig Romero and Turner Industries President Stephen Toups today announced the company’s selection of a...