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National business leaders call for ambitious climate goal; LMOGA urges balance
More than 300 businesses and investors, including such giants as Apple, Google, Microsoft and Coca-Cola, are calling on President Joe Biden’s administration to set...
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...
Loren Scott, Scott Angelle headline webcast: ‘The Energy Evolution: How Will Louisiana Fare?’
Louisiana economist Loren Scott and Scott Angelle, director of the Bureau of Safety and Environmental Enforcement for the U.S. Department of the Interior under...
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...
Extreme Texas weather, port backlogs further disrupt supply chain
Supply chain woes mounted worldwide for makers of everything from cars and clothing to home siding and medical needle containers, as the extreme Texas...
Bill could make Louisiana a hub for carbon capture and sequestration
U.S. Sen. Bill Cassidy has joined a bipartisan group of lawmakers in introducing the nation’s first comprehensive carbon dioxide infrastructure package, which could make Louisiana a national hub for carbon capture and sequestration.
Forestry losses from hurricanes were double that of industry’s annual revenue
Louisiana forestry’s $1.5 billion in losses from hurricanes was double the amount of revenue the industry generates annually, according to an LSU AgCenter forestry...
Proposed $2B Louisiana project could restore wetlands; critics fear impacts
A proposed $2 billion project could protect and restore thousands of acres of Louisiana wetlands, but there will be work to do to mitigate...
Attorney General Jeff Landry signs onto coastal lawsuit settlement
Attorney General Jeff Landry announced this morning he’s backing a $100 million settlement between a dozen coastal parishes and mining corporation Freeport McMoRan to...
US infrastructure scores C- grade from engineers due to years of inaction
America's infrastructure has scored near-failing grades for its deteriorating roads, public transit and stormwater systems due to years of inaction from the federal government,...
Louisiana earns No. 8 ranking in ‘Site Selection’ Governor’s Cup
Site Selection magazine today ranked Louisiana No. 8, on a per capita basis, among states with the most new and expanded facilities in 2020.
Louisiana...
ITEP approval moves Grön Fuels step closer to port energy project
A massive renewable energy facility planned for the Port of Greater Baton Rouge moved one step closer to reality Wednesday, when the Louisiana Board of Commerce and Industry approved a property tax abatement for the project under the Industrial Tax Exemption Program.
