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Why US oil companies aren’t rushing to increase production
Yet most U.S. oil businesses are not eager to capitalize on this moment by pumping more oil, The New York Times reports.
Mike Strain plugs carbon capture as climate change fix
Rising global temperatures could damage crop production, but farmers also need domestic oil and gas production to increase, Louisiana's agriculture commissioner says.
“Climate change is...
GBRIA recognizes winners of 2022 Safety Excellence Awards
The Greater Baton Rouge Industry Alliance announced the winners of its 26th annual Safety Excellence Awards during an April 14 banquet at the L’Auberge Resort in Baton Rouge.
Australian company’s Louisiana clean energy plant in line for US loan
An Australian company’s Louisiana subsidiary can get up to $107 million in U.S. Department of Energy loans to expand a plant that produces materials for electric car batteries, the department said Monday.
TotalEnergies signs Cameron LNG expansion agreement
TotalEnergies has signed a “heads of agreement” with Sempra Infrastructure, Mitsui & Co. Ltd. and Japan LNG Investment for the expansion of Cameron LNG,...
U.S. chemical rail car loads hit all-time high
There are some signs that pressures might be abating for the U.S. chemical industry. Recent rail traffic data released by the Association of American...
Shell’s new offshore platform built to make money at almost any oil price
Nicknamed Vito, Shell is set to launch its new multibillion-dollar offshore oil platform, nicknamed Vito, off Louisiana in June. Its costs have been cut...
LSU researchers looking to turn carbon emissions into useful resource
LSU doctoral student Cal Hendershot and his adviser, LSU professor John Flake, are working on a way to effectively take carbon dioxide from the...
Cleco planning $900M carbon capture project at central Louisiana electric plant
Cleco Corporate Holdings LLC today announced a new, $900 million carbon capture project at its Brame Energy Center northwest of Alexandria.
Louisiana left out of MISO’s plans for new transmission projects
Louisiana is not included in the Midcontinent Independent System Operator’s new portfolio of $10.4 billion in regional transmission line projects, which are expected to...
State senator open to compromise over his ITEP proposal
State Sen. Rogers Pope, a Denham Springs Republican and former Livingston Parish Public Schools superintendent, says he’s open to compromise on his proposal to enshrine the current Industrial Tax Exemption Program rules in the state constitution.
Local government, business leaders to square off over ITEP on Monday
A proposal to enshrine the current rules governing Louisiana’s Industrial Tax Exemption Program in the state constitution pits business interests against local government leaders.
Venture Global will buy gas from NextEra for Plaquemines LNG export plant
Venture Global LNG has agreed to buy natural gas for its Plaquemines LNG export plant, expected to start up in 2024, from a unit...
Occidental, Weyerhaeuser considering Louisiana for carbon capture hub
Occidental Petroleum’s Oxy Low Carbon Ventures subsidiary and Weyerhaeuser are evaluating a potential carbon capture and sequestration project in Louisiana, according to investing website...
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.
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.
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 oil companies face challenges trying to ramp up production
There’s new pressure to increase U.S. oil production, but it’s not that simple, Fox Business reports.
“It’s not just turning a switch like they think,”...
Demand for Baton Rouge office leases returns
Demand for office leases have picked up in the Baton Rouge market in recent months as companies become more comfortable making deals.
PSC Group acquires Thermoplastics Services
Baton Rouge-based PSC Group has acquired DeQuincy-based Thermoplastics Services Inc., a plastics custom compounding and pelletizing business.
