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Regulators reject key part of railroad deal tied to BR passenger rail Â
Canadian National’s $33.6 billion deal to acquire Kansas City Southern railroad is in jeopardy after federal regulators rejected a key part of the plan...
Gasoline shortage is bad and could get worse before it gets better
If you’ve been out and about today and experienced long lines at the gas pump, get used to it.
Port Fourchon, refineries out for weeks, raising short- and long-term questions
When Hurricane Ida blasted ashore, its 150 mile per hour winds not only laid waste to southeast Louisiana but to the nation’s fossil fuel infrastructure.
Gasoline prices expected to rise after production halt across regionÂ
Hurricane Ida brought gasoline refining and oil production to a halt along much of the Gulf Coast in a development that will likely cause...
Oil and gas lease sales to resume following DOI announcementÂ
The Department of Interior announced late Tuesday plans to resume oil and gas lease sales after a court ordered a preliminary hold on the...
Global supply chain issues drop imports at Port of Greater Baton Rouge
The Port of Greater Baton Rouge continues to see fewer imported products coming through as a result of disruptions in the supply chain brought on by the delta variant of the coronavirus.
DOE offering free energy savings assessments for area manufacturers
Small- and medium-sized manufacturers in Louisiana may be eligible to receive a no-cost assessment provided by DOE Industrial Assessment Centers.
The U.S. Department of Energy...
Solar power offers $6 billion opportunity for Louisiana, expert says
Efforts by a task force created Gov. John Bel Edwards to recruit and launch carbon capture projects in Louisiana—as a way to reduce the...
Formosa project suspended pending new federal environmental review
The U.S. Army Corps of Engineers will conduct a new environmental impact review of Formosa Plastics Group’s planned $9.4 billion complex in St. James Parish.Â
Oil and gas industry claims climate report doesn’t legally justify pause on leases
If the Biden administration cites the Aug. 9 United Nations climate report as evidence to support keeping federal oil and gas leasing on pause,...
Louisiana’s two major oil and gas plays offer study in contrasts
Louisiana’s two predominant oil and gas plays, Tuscaloosa Marine Shale and Haynesville Shale, have taken starkly divergent paths over the past decade.
Nucor Steel withdraws expansion plan for St. James Parish plant
Nucor Steel has withdrawn its Title V permit application for a major expansion of its pelletizer plant in St. James Parish, just one year...
Louisiana oil lobbyists urge domestic focus as White House presses OPEC to boost production
The White House has urged OPEC to increase oil production in response to rising demand, prompting criticism from associations representing Louisiana’s oil-and-gas industry.
A tale of two plays
It’s a study in contrasts for Louisiana’s two major oil and gas plays, with Tuscaloosa Shale interest waning while hopes for Haynesville surge.
ExxonMobil considering net-zero carbon pledge
ExxonMobil Corp is considering a pledge to reduce its net carbon emissions to zero by 2050, in what would amount to a significant strategic...
McDonalds, eBay agree to buy energy from Baton Rouge-area solar farmÂ
McDonald’s Corp. and eBay Inc. today announced agreements with Lightsource bp to purchase power from Louisiana’s largest proposed solar farm, located 30 miles northwest...
Federal agency assessing interest in Gulf wind development
The Biden Administration has ambitious plans to expand offshore wind to the Gulf of Mexico—and those plans are beginning to take shape, according to...
ExxonMobil reports $4.7B quarterly profit but doesn’t plan to boost spending
Big oil companies are back in the black, raking in their highest profits since the start of the pandemic, but they plan to continue...
Global demand spurs rise in LNG exportsÂ
Nine vessels carrying LNG left from Louisiana last week, part of a rise in U.S. exports of the super-chilled fuel.
According to the Energy Information...
American Petroleum Institute: Oil and gas industry fuels 12% of Louisiana jobsÂ
More than 12% of Louisiana jobs and 23% of the state’s gross domestic product are tied to the oil and natural gas industry, according...
