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Business News


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


Placid Refining Invests $66 Million to Relocate Headquarters and Modernize Facility in Baton Rouge,
Placid Refining, an independent petroleum refining company, has announced a $66 million investment to relocate its headquarters from...
Mar 24, 2023


ZAPPI: Louisiana's energy future tied to Carbon Capture & Storage
Last week, we were fortunate to be invited to a seminar put on by the Louisiana Association of Business & Industry (LABI) that covered...
Mar 22, 2023


Shell partners with Gulf Wind Technology to develop offshore wind power in the Gulf of Mexico
On Monday, it was announced that Shell, a major player in the energy industry, will be teaming up with Gulf Wind Technology, a...
Mar 15, 2023


Job boom for Louisiana possible – if we can get the CCS conversation back on track
The energy industry’s deep presence within Louisiana is a point of pride – and for good reason. Our energy hub has powered the economy...
Mar 8, 2023


Louisiana's LNG Export Terminals Boost US Exports to Europe by 123% in 2022
In 2022, the United States saw a significant increase in liquefied natural gas (LNG) exports compared to the previous year. According to...
Feb 23, 2023


Canadian Energy Sector Hit by Lower Earnings Outlook as Natural Gas Prices Collapse
From the corporate offices of Wall Street to the bustling cityscape of Bay Street, analysts have been furiously working to adjust their...
Feb 21, 2023
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