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Construction tsunami
With several chemical and renewables projects on the horizon, Baton Rouge’s industrial labor bottleneck could soon reach a breaking point.
LSU professor: Orphaned oil wells can boost production while sequestering CO2
LSU petroleum engineering professor Dandina Rao has come up with a plan that would increase oil production as well as reduce greenhouse gas emissions...
Louisiana had second-highest rate of mortgage delinquency in December
Louisiana borrowers continued to struggle in December to make their home loan payments, according to a recent report from mortgage analytics firm Black Knight Inc.
City-parish saw 3% year-over-year rise in sales and use tax collections in October
The city-parish received $20.66 million from its 2% sales and use tax collections during October, a 2.98% increase over the $20.06 million gathered during...
A cybersecurity wakeup call
Louisiana’s ports grow increasingly aware of cybersecurity vulnerability, but gaps remain.
In addition to cutting costs, modularization is reducing construction injuries
The petrochemical industry is effectively reducing injuries and fatalities by integrating more modular components into its construction projects, according to a new feature from...
‘Amazon Effect’ has altered industrial customer expectations as well
The petrochemical industry has been forced to transform the way it manages its supply chain due to the impact of the “Amazon Effect” on customer expectations
LSU study projects state will add 3,500 oil and gas jobs by Q2 of...
Louisiana’s oil and gas sector is expected to gain 3,500 jobs by the second quarter of next year, according to the latest edition of the LSU Center for Energy Studies’ Gulf Coast Energy Outlook.
Energy industry on a ‘data journey’ to create smarter-working oil fields
There are voluminous amounts of data coming out of Louisiana’s oil fields, but not many companies are effectively putting it to use, 10/12 Industry Report
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.’
