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Baton Rouge firm seeking $15B for ‘net-zero LNG’ project
Baton Rouge-based G2 Net-Zero is seeking $15 billion for a project to produce liquefied natural gas while capturing the emissions, says Chas Roemer, who chairs the company.
Will Louisiana industry be a leader in the energy transition?
Louisiana industry’s movement away from traditional forms of energy has begun. Biofuels, hydrogen, green ammonia, and the utilization of carbon dioxide are each getting their own attention, but the pace in which they’ll become reality is up for debate.
Shell, Huntsman, Georgia-Pacific seeking new ITEP exemptions
Shell Chemical’s planned $512 million lubricant plant at its existing facility in Geismar headlines the Capital Region projects seeking Industrial Tax Exemption Program relief from local property taxes.
Louisiana among states vying for federal cash to create ‘hydrogen hubs’
Across the country, states are signing agreements with neighbors or striking out on their own to pursue billions in federal funding to set up “hydrogen hubs,
Biden to release 15 million barrels of oil from strategic reserve
President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve today as part of a response to recent production cuts announced by OPEC+ nations,
Livingston Parish moves forward with carbon capture moratorium
Livingston Parish Council members approved a 12-month moratorium on injection wells and disposal wells used for carbon capture at their meeting Thursday.
As Belle of Baton Rouge prepares upgrades, adjacent buildings go on the market for...
Two buildings that have been part of the Belle of Baton Rouge’s operations, and Catfish Town before that, are on sale as a pair for $5 million.
ExxonMobil partners with CF Industries in first Louisiana project for new ‘low carbon’ division
ExxonMobil has agreed to capture and permanently store up to 2 million metric tons of CO2 emissions annually from CF Industries’ manufacturing complex in Donaldsonville.
ITEP cost local governments $1.5B in foregone revenue in 2021, EBR $28.7M
Louisiana’s Industrial Tax Exemption Program cost Louisiana local governments $1.5 billion in foregone property tax revenue in calendar year 2021
Loss of contracts could alter delivery schedule for Driftwood LNG plant
The loss of two of its biggest potential customers last week will likely alter the delivery schedule for Tellurian’s Driftwood LNG plant in Carlyss,...
Betting big on carbon capture
Climate change concerns were once seen as a threat to Louisiana industry, but now the petrochemical sector, positioning itself as part of the solution, is investing heavily on ‘low carbon solutions.’
Honeywell begins production of medical propellant at new Baton Rouge plant
Honeywell announced the opening of a new plant in Baton Rouge, its first large-scale manufacturing site for medical propellent Solstice Air.
FBI warns of drone risk after detections at Louisiana chemical facilities
Drones have been spotted flying over Louisiana chemical facilities and a pipeline over the past year and a half, prompting an FBI warning last...
Gov. Edwards discusses European demand for Louisiana LNG while in London
Gov. John Bel Edwards along with state officials and business leaders discussed Louisiana’s energy transition during last week’s London economic mission, the governor’s office...
Number of oil spills in US waters drops significantly
Oil and natural gas spills from tankers and pipelines in U.S. waters dropped dramatically in the decade spanning 2010-2019,
Cheniere will repair Louisiana LNG plant equipment after failing pollution test
LNG exporter Cheniere Energy Inc. says it will repair and replace equipment at its Louisiana terminal after tests showed it exceeded newly imposed hazardous...
LSU to help BASF create production ‘soft sensors’ using AI
BASF Geismar is collaborating with LSU chemical engineers to better understand and predict its own production ebbs and flows using artificial intelligence, according to...
Feds raid QuarterNorth Energy’s Lafayette office as part of spill probe
Federal investigators raided a deepwater oil explorer’s Louisiana office last week as part of a probe into an offshore spill, a rare escalation for...
Louisiana voters see politicians as roadblock to renewable energy shift
Despite generally liking renewable energy, the majority of Louisiana voters oppose efforts to shift the state away from oil and gas,
Capital Region plant managers expect steady spending, hiring this year
Plant managers around the region expect production, capital spending and employment to remain mostly steady over the next six months.
