Daily Report PM

A look at Microsoft’s massive Louisiana carbon capture deal 

Microsoft is deepening its push to become carbon negative by 2030 with a major new carbon removal deal tied to a Louisiana clean fuels...

Stirling has acquired these two major Baton Rouge office properties

Stirling Properties has acquired the Citiplace Centre I and Acadian Centre office buildings in separate transactions, according to deals filed Friday with the East...

Roundup: Brighter budget / Water Institute / NY drivers licenses 

Looking ahead: Louisiana’s budget outlook just got brighter. State economists with the Public Affairs Research Council boosted revenue forecasts for the current and upcoming...

A new chapter has begun for this Government Street toy landmark

A familiar corner of Government Street is getting new life as The Modern Munchkin Co. moves into the longtime home of Victoria’s Toy Station,...

Big oil is betting on the Gulf again

BP, Woodside Energy and Chevron emerged as the biggest winners in the U.S. government’s first Gulf oil and gas lease sale since 2023, signaling...

EU sets easier path for US LNG exporters to meet methane rules

The European Union is signaling a softer approach to methane regulations for U.S. liquefied natural gas exporters, aiming to preserve energy security while addressing...

The oil surplus is shrinking as OPEC+ output drops

The International Energy Agency is warning that the global oil market’s surplus is narrowing—but not disappearing—as OPEC+ production slips and sanctioned barrels struggle to...

Roundup: Mortgage rates / Health care legislation / Jazz Fest lineup

Ticking up: Mortgage rates increased slightly, adding to cost pressures for buyers. The average for 30-year, fixed loans rose to 6.22%, up from 6.19%...

Home prices hit reverse

U.S. home prices have turned negative for the first time since mid-2023, CNBC writes.  Prices have slipped 1.4% over the past three months as the...

LSU reorganizes to power up its research game

The LSU Board of Supervisors on Thursday approved a series of organizational changes that reshape the LSU System's leadership structure, reinforce presidential oversight and...

This Japanese partnership will advance carbon capture in Louisiana

Newlab New Orleans is deepening its energy-tech ambitions with a new partnership alongside JERA, Japan’s largest power generator, to accelerate next-generation carbon capture solutions...

How New England is dealing with shrimp industry decline

Regulators voted Thursday to extend a shutdown preventing New England fishermen from catching shrimp, a historic industry that has recently fallen victim to warming...

Roundup: Gulf lease sale / LSU’s South Quad / Plumbing apprenticeships

$279M offered: Oil companies offered $279 million for drilling rights in the Gulf on Wednesday in the first of 30 sales planned for the...

Report: Gulf Coast energy fundamentals are solid, but uncertainty looms large

The Gulf Coast’s energy economy in 2026 will be characterized by an expanding oil and gas sector, rising electricity demand and a high degree...

REV purchases 4.5 acres in Gonzales mixed-use development

Telecommunications provider REV has purchased roughly 4.5 acres through two transactions in the Heritage Crossing mixed-use development in Gonzales. The company acquired the property through...

Fed lowers key rate but signals any future cuts may have to wait

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled in a statement that it may...

Despite US tariff hikes, global trade remains surprisingly strong

Global trade is proving far more resilient than many economists expected in the face of escalating U.S. tariffs, The Wall Street Journal writes.  Despite forecasts...

Roundup: Jay Clark / Airport comfort / Oil prices

Guest speaker: Jay Clark, head coach of the LSU gymnastics team, will address the Rotary Club of Baton Rouge on Wednesday afternoon. Clark has...

Expansion at SLB’s Shreveport manufacturing hub will add 600 jobs

SLB will invest $30 million to expand its Shreveport operations, nearly doubling the footprint of its advanced manufacturing hub at the former GM assembly...