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This local tech company is developing carbon capture software
Codegig, a technology company based in the Nexus Louisiana Tech Park, is preparing to test its carbon capture software in Louisiana. The software will track carbon emissions for oil and gas professionals on both...
BASF is launching a new strategy to boost earnings
In an effort to boost earnings, BASF is cutting its annual dividend and is considering shedding noncore assets like its agricultural chemicals business, The Wall Street Journal reports.
The German chemical giant’s new strategy focuses on lower...
Conservative clean energy group expands into Louisiana
Conservatives for Clean Energy, an organization with a stated goal of advocating for continued investments in renewable energy across the Southeast, has launched in Louisiana.
The advocacy group is currently active in five other states:...
The strategy behind BP’s plan to sell its U.S. onshore wind energy division
BP plans to sell its U.S. onshore wind energy division in an effort to simplify its business and focus on its solar operation, The Wall Street Journal reports.
The oil and gas company says it will soon...
Land for new logistics park acquired for $10.9M
Two Louisiana-based firms—JRE Capital and Ratcliff Development, partnered to purchase nearly 200 acres in Geismar for a new logistics park.
The firms purchased the 186 acres of farmland through Magnolia Ridge Investment LLC from L.J. Grezaffi’s LJG...
The world’s largest renewable natural gas production plant is coming to Louisiana
Woodland Biofuels Inc. is planning a $1.35 billion investment at the Port of South Louisiana to establish one of the world’s largest renewable biofuels production facilities, Louisiana Economic Development announced last week.
As part of...