BATON ROUGE – Louisiana will receive $234.6 million of Deepwater Horizon settlement money for wetlands restoration projects in Plaquemines, Terrebonne and St. Bernard parishes, officials said Monday. The Louisiana Trustee Implementation Group has approved plans totaling more than $900 million…
GRAY, La. – Oilfield service provider Danos is the recipient of the 2020 Workforce Innovator of the Year Award by the Louisiana Association of Business and Industry. According to the organization, the award honors organizations “that have provided substantial innovations…
BATON ROUGE – The worst is likely over for Louisiana’s struggling oil-and-gas sector, though employment is unlikely to rebound to levels seen before the 2015 crash or even to pre-COVID-19 levels, according to a new report. The LSU Center for…
BATON ROUGE — Gov. John Bel Edwards and Fidelis Infrastructure co-founders Daniel J. Shapiro and Bengt Jarlsjo announced their portfolio company Grön Fuels LLC is studying the feasibility of a renewable fuel complex at the Port of Greater Baton Rouge.…
CONVENT, La. (AP) — Shell announced Thursday that it is closing one of its refineries between Baton Rouge and New Orleans, after failed attempts to sell the facility. The refinery in Convent can process 240,000 barrels of crude oil per…
NEW YORK (AP) — Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtails travel and cripples global economic activity. The energy giant on Friday posted a $680 million third-quarter loss and revenue tumbled to $46.2…
NEW YORK (AP) — Exxon Mobil is slashing 1,900 jobs from its U.S. workforce, and Chevron plans to cut a quarter of the employees at its recently-acquired Noble Energy as the pandemic saps demand for fuel. Exxon said Thursday the…
NEW ORLEANS (AP) — Environmental groups asked a federal court Wednesday to throw out the Trump administration's assessment of oil and gas activity’s likely effects on endangered species in the Gulf of Mexico, saying it dismisses the chance of another disastrous…
NEW ORLEANS - A new report from small business research website AdvisorSmith says that Louisiana is the 13th most dangerous state for workers. Fatal workplace injuries in the U.S. have been on the rise in general, but worker safety varies…
LAKE CHARLES, La. (AP) — A Louisiana company plans to create a deep underground repository to store up to 80 million tons of carbon gas now released into the air by state industrial plants, a “carbon sequestration” project aimed at…
NEW ORLEANS (AP) — A federal oil lease sale in November will be the first in a decade to offer 10-year leases at some depths. Since 2010, leases in depths of 800 to 1600 meters (about a half-mile to nearly…
COVINGTON, La. – In September, Chevron committed $500,000 to assist Cameron and Calcasieu Parish residents affected by Hurricane Laura. Now, with Hurricane Delta impacting the same areas, the company has announced that Team Rubicon will receive the remaining $150,000 of…
WASHINGTON, D.C. - From the 10/12 Industry Report: The Gulf of Mexico now boasts the world's tallest oil and gas platform to become a deepwater reef. The Bureau of Safety and Environmental Enforcement has approved the conversion of ExxonMobil’s Lena…
BATON ROUGE – Louisiana’s House of Representatives on Tuesday approved a tax break for the oil and gas industry that could be worth $157 million, though supporters said the estimate is exaggerated. House Bill 29 by Rep. Phillip DeVillier, a…
BILLINGS, Mont. (AP) — A U.S. government watchdog agency faulted the Trump administration Tuesday for its handling of a COVID-19 relief effort that awarded companies breaks on payments for oil and gas extracted from public lands in Western states in…
GEISMAR, La. — Gov. John Bel Edwards and Renewable Energy Group President and CEO Cynthia “CJ” Warner announced a minimum $825 million capital investment by REG to expand its renewable diesel refinery in Geismar, La. With the investment, REG will…
HOUSTON — Jones Walker LLP has released the findings of its 2020 Midstream Oil and Gas Cybersecurity Survey, examining cybersecurity preparedness in independent North America-based midstream oil and gas companies. The results reflect the responses of 125 key executives, security…
LONDON (AP) — Energy producer Royal Dutch Shell said Wednesday it's planning to cut between 7,000 and 9,000 jobs worldwide by the end of 2022 following a collapse in demand for oil and a subsequent slide in prices during the…
BATON ROUGE (AP) — Louisiana will get nearly $215 million in BP oil spill money for two projects planned to restore more than 4,600 acres of marsh and other habitat in the New Orleans area, Gov. John Bel Edwards said.…
NEW ORLEANS – The Grow Louisiana Coalition, an advocacy group for the state's oil and gas industry said the energy industry has donated approximately $4.5 million and more than 50,000 gallons of fuel, in addition to company supply drives and…
GRAY, La. – Oilfield service provider Danos has named recipients for the company’s two most prestigious awards. The 2019 Dwain “Hog” Carrell Field Employee of the Year recipient is Chris Pitts, and the 2019 Staff Employee of the Year awardee…
NEW ORLEANS — The City of New Orleans today became one of 12 cities representing more than 36 million city residents to pledge to divest from fossil fuel companies and advocate for greater sustainable investment as part of their commitment…
METAIRIE, La. - The Jefferson Chamber's virtual LiveWell Jefferson Worksite Wellness Summit, presented by Blue Cross Blue Shield of Louisiana, will celebrate a culture of health and wellness among the business community and residents of Jefferson Parish. Participants will increase…
WEST HACKBERRY, La. – The U.S. Department of Energy said crews are still working to restore power and repair other damage at the Strategic Petroleum Reserve’s West Hackberry site, which was battered with heavy winds and rain by Hurricane Laura…
COVINGTON, La. – In the wake of Hurricane Laura, on Tuesday,…
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline edged up about 2 cents over the past three weeks to $2.26 per gallon. That’s 37 cents below the average pump price from a year ago. Industry analyst Trilby…
BATON ROUGE – Hurricane Laura caused significant but not catastrophic damage to oil and gas infrastructure in southwest Louisiana, officials said Wednesday. Restoring electricity and helping workers return home are bigger concerns, they said. “This has been a tremendous hit…
BATON ROUGE – Oil and gas companies are asking a federal appeals court to reconsider its previous decision that parish lawsuits alleging damage of coastal wetlands should be heard in state court. A three-judge panel of the New Orleans-based U.S.…
NEW ORLEANS - Jesse M. Keenan, an associate professor of real estate in the Tulane School of Architecture, helped edit a report published by the U.S. Commodity Futures Trading Commission on climate risk to the U.S. financial system. Titled Managing…
NEW ORLEANS (AP) — Hurricane Laura caused significant damage at a site holding about 30% of the nation’s store of emergency crude oil, but three other sites still have plenty of petroleum, U.S. Energy Secretary Dan Brouillette said Wednesday. The…
