GET DAILY REPORT FREE
Dismukes: Hurricane Laura’s impact on petrochemical industry likely to be minor
Though it’s too early to determine the extent of the damage Hurricane Laura wreaked on the southwest Louisiana communities where it made landfall, the state’s petrochemical industry is well-prepared to weather massive storms and likely will emerge relatively unscathed, says David Dismukes, executive director at LSU Center for Energy Studies.
Oil and gas industry looking for gut punch tax relief
Already on the ropes, the South Louisiana oil and gas industry says state tax changes could give it a much-needed lifeline.
Last chance to register for the Power Breakfast webcast on the future of South...
American Chemistry Council chief economist Kevin Swift, Danos owner/executive Eric Danos, ExxonMobil refinery manager Gloria Moncada and Jones Walker energy attorney Marjorie McKeithen will...
Industrial: The lull continues
A double whammy of an oil price crash and a pandemic thwarts what was supposed to be a rebound year for the industrial sector in Baton Rouge and south Louisiana.
Pandemic pivot: Pressure mounts, but restarting the Louisiana economy won’t be easy
Pressure is mounting to ease COVID-19-related restrictions on business, but restarting the economy won’t be easy—or fast.
Historic oil production cuts mean ‘nothing’ for Louisiana, experts say
Though Saudi Arabia and Russia have reached an agreement to slash oil production by nearly 10 million barrels per day, the reduction won’t provide...
Oil and gas gets a double whammy
The coronavirus and an oil price war between Saudi Arabia and Russia is delivering a one-two punch to Louisiana’s oil and gas industry.
The only woman in the room
Just one-third of entry-level hires in the energy sector are women.
Shell walking away from Lake Charles LNG project
Shell is not going forward with its investment in the Lake Charles LNG project due to “current market conditions,” the company announced today.
Shell had...
A decade after Deepwater Horizon spill, researchers assess what was learned
Researchers at The Water Institute of the Gulf have published five new journal articles looking back at the Deepwater Horizon Spill.
The articles are...
Louisiana chemical plants forecast production declines amid reduced staffing, supply chain disruptions
As Louisiana’s chemical plants embrace recommended safety measures to prevent the spread of COVID-19 among their workers, many are also grappling with reduced staff,...
Economists hopeful oil prices will stabilize by summer
The price of oil rose today, with Brent crude hovering around $30 per barrel, after markets hit record lows last week. State economists are...
ExxonMobil cuts Baton Rouge refinery production, contract workforce
ExxonMobil cut production on Saturday at its 502,500-barrel-per-day Baton Rouge refinery as poor demand has pushed up inventories and filled storage tanks, Reuters reports.
The...
LWC issues emergency rule for injured workers
The Louisiana Workforce Commission has issued an emergency rule geared toward ensuring injured workers receive the medical attention their injury warrants under the Louisiana...
White House seeks $3 billion to boost strategic petroleum reserves
The Trump administration said Thursday it is seeking $3 billion from Congress to boost the country’s strategic petroleum reserves, potentially propping up U.S. oil...
Industry reacts to historic drop in oil prices
Crude oil is trading below $21 per barrel this week, marking a historic low in the past two decades.
As travel restrictions heighten and Saudi...
US oil prices plunge to lowest level since 2002
U.S. crude prices plunged to their lowest levels in 18 years, as governments tightened travel restrictions across the world and the continuing Saudi-Russian price...
Local industry feeling trickle-down effects from coronavirus spread
Industry is slowing down as efforts continue to slow the spread of the novel coronavirus. As of this morning, Louisiana has 33 presumptive positive...
Dismukes: Petrochem industry likely to cut back on planned expansions
Four days into the oil price war that was ignited Monday, when Saudi Arabia said it would flood the market with oil at a...
Port of Greater Baton Rouge has yet to see impacts from coronavirus
Despite potential threats to the global supply chain brought on by the new coronavirus outbreak, the Port of Greater Baton Rouge has yet to...
