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Business News


Louisiana Debates Control of Carbon Capture Wells in Public Hearing
Louisiana's Department of Natural Resources (DNR) faced scrutiny during the first day of a three-day public hearing as supporters and...
Jun 23, 2023


Louisiana Attracts Bids for Nearshore Wind Projects, Accelerating Offshore Wind Development
Energy companies aren’t waiting for the federal government to open the Gulf of Mexico's far offshore waters to wind development....
Jun 22, 2023


Major Oil Company Cox Operating Files for Bankruptcy, Leaving South Louisiana Businesses in Jeopardy
Metairie-based oil company Cox Operating LLC, one of the largest independent operators in Louisiana's shallow coastal waters, has filed...
Jun 13, 2023


State senator: Carbon capture is poised to bring economic prosperity
Conversation in Louisiana surrounding carbon capture and storage is reaching a fever pitch as our state legislative session nears a close...
Jun 6, 2023


ExxonMobil and Nucor Partner to Capture and Store Carbon Emissions in Louisiana
ExxonMobil, the largest U.S. domestic oil and gas company, has announced a partnership with Nucor, a prominent steel-maker, to capture...
Jun 1, 2023


GREG BOWSER: Keeping Louisiana sustainable and beautiful through Advanced Recycling
Louisiana has always been a pioneer and leader in the chemical industry. Whether it be new technologies, monumental expansions, product...
May 19, 2023


Shell Catalysts & Technologies to Expand Louisiana Facility with $121.7m Investment
Shell Catalysts & Technologies has announced its decision to expand its facility in West Baton Rouge Parish at a cost of $121.7m, with a...
May 17, 2023


REPORT: LA Energy Industry Adds Over $54 billion to State’s Economy
A new report commissioned by the American Petroleum Institute (API) and prepared by PricewaterhouseCoopers (PwC) highlights the growing...
May 17, 2023


Analysts Predict Oil Prices Will Soon Recover After Recent Slide
Oil Prices Expected to Recover in Q2 and Q3 of 2023 Analysts predict that oil prices will start to recover soon after the recent slide,...
May 10, 2023


Chevron & Toyota Showcase New Renewable Gas Blend on Baton Rouge Stop of Gulf Coast Road Trip
Today, the Louisiana Association of Business & Industry headquarters in Baton Rouge, LA, hosted executives from Chevron to show off the...
Apr 18, 2023


SCALISE: We must lower energy costs for American families
Louisiana knows a thing or two about energy. Energy production from offshore Louisiana accounts for about 20% of America’s...
Apr 4, 2023


Louisiana's Energy Industry Poised for Investment Opportunities Amid Transition to Renewables
Louisiana's energy industry is expected to benefit from significant investment opportunities as the world transitions away from fossil...
Mar 29, 2023
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