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Experts warn US power grids will face added demand as severe weather accelerates
The huge winter storms plunged the South into an energy crisis this week, crippling electric grids and leaving millions of Americans without power amid...
Group holds out hope Gulf of Mexico lease sale can still take place
The Bureau of Ocean Energy Management has rescinded its record of decision for the Gulf of Mexico Oil and Gas Lease Sale 257.
The move...
Cold weather helps push price of oil to 13-month high
Frigid temperatures across swaths of the U.S. injected new momentum into the rally in energy markets, putting West Texas Intermediate crude on course to...
Arctic blast driving up energy prices across US
The arctic freeze gripping the central U.S. has triggered rolling blackouts in Texas and is ratcheting up pressure on energy prices already trading at...
Shell plans to close seven more refineries over next decade
Global energy company Shell says it plans to eliminate seven refineries and reduce production of gasoline and diesel fuel by 55% over the next...
Gov. Edwards at odds with Biden over moratorium on oil and gas leases
Gov. John Bel Edwards disagrees with President Joe Biden's targeting of fossil fuel industries and wants the White House to reconsider its decision to...
Biden’s environmental agenda creates regulatory whiplash for industry
As President Biden’s slate of Cabinet picks began to crystallize over the past several weeks, it became clear that climate initiatives are near the...
Virtually as good as being there for ExxonMobil
ExxonMobil is implementing realistic virtual reality modules to assist with both plant construction and on-site operations.
Louisiana legislators to hear from industry, public on Biden’s lease moratorium
The Louisiana House Natural Resources and Environment Committee will host a joint meeting with the Senate Natural Resources Committee Wednesday morning at 9:30 a.m....
Biden administration means regulatory whiplash for industry
President Joe Biden’s Cabinet picks—and his early regulatory actions—aren’t being well-received by industry, but the outlook is far from dire.
ExxonMobil names new manager for Baton Rouge refineryÂ
ExxonMobil today announced it has named David Oldreive as manager of the Baton Rouge Refinery, effective at the start of this week.Â
Oldreive replaces Gloria...
Biden executive orders on climate change not all bad news for Louisiana
Outraged reaction from the oil and gas industry was swift last week, when President Joe Biden signed several executive orders designed to address climate change by shifting production and consumption away from fossil fuels toward renewable forms of energy. But while some predict doom and gloom, others see opportunities for Louisiana to capitalize on the direction the new administration is trying to take the country.
ExxonMobil, Chevron CEOs talked merger after pandemic outbreak
The chief executives of ExxonMobil and Chevron spoke about combining the oil giants after the pandemic shook the world last year, according to people...
State board approves ExxonMobil’s ITEP request
The Louisiana Board of Commerce and Industry voted unanimously this morning at its virtual meeting to approve ExxonMobil’s request for a property tax abatement, worth some $20 million over 10 years, for its proposed $240 million modernization project at its north Baton Rouge refinery.
Drilling restrictions will hit Gulf harder than other regions, expert says
President Joe Biden’s temporary halt to drilling on federal lands leaves the vast majority of U.S. crude production untouched, though it may be, as...
Biden’s ban on new federal leases prompts outrage from energy industry
Industry is reacting with outrage to President Joe Biden’s announcement today of a moratorium on new oil and gas lease sales on federal lands...
Contractors indicted over oil leaks from platforms off Louisiana
Two supervisors with a Houston-based oil company are facing federal charges after federal prosecutors said they knowingly allowed oil to leak from their platforms...
Shintech investing $1.3B to expand facilities in Iberville, West Baton Rouge
Shintech Louisiana is investing $1.3 billion to expand its manufacturing and packaging facilities in Iberville and West Baton Rouge parishes, Gov. John Bel Edwards’...
Biden to halt new fossil fuel leasing involving federal lands and waters
President Joe Biden is poised to impose a moratorium on new federal oil and gas leasing Wednesday, according to three people briefed on the...
ExxonMobil releases economic impact on proposed refinery upgrade
ExxonMobil released new economic impact numbers today from one of the state’s leading economists in an effort to bolster support for its proposed $240...
