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Louisiana federal judge reopens door for expanded offshore oil development
A Louisiana federal judge has ruled that former President Joe Biden exceeded his authority when he permanently withdrew 625 million acres of federal waters from future oil and gas leasing, The Center Square writes.
The decision, issued...
Louisiana natural gas storage hub projected to enhance market efficiency
Black Bayou Gas Storage has secured its final federal approval, clearing the way for a massive energy infrastructure build-out in Cameron and Calcasieu parishes, The Center Square reports.
The hub will tap four salt domes to store...
Drone maker to hire 500-plus employees for new Acadiana manufacturing site
An American-based company will build its first U.S. industrial drone manufacturing facility in Louisiana, reports Louisiana Illuminator. The company also plans to hire 521 employees over the next 10 years.
Louisiana Economic Development announced last...
Energy Transfer, MidOcean Energy close to finalizing LNG deal at Lake Charles terminal
Energy Transfer LP is nearing an agreement to sell liquefied natural gas from its planned Lake Charles export terminal to MidOcean Energy, Bloomberg writes.
The closing of the deal would solidify a heads of agreement between...
Gutacker to manage BASF Geismar site
BASF announced that it has appointed Andy Gutacker as senior vice president and general manager of its Geismar site, reports Pelican Post News. Gutacker will lead the operations across 32 plants at the site –...
Carbon capture projects position Louisiana for billions in federal tax credits
Louisiana’s industrial sector could reap more than $3.5 billion in federal tax credits through carbon capture and sequestration projects, The Center Square reports.
According to new data from the Environmental Integrity Project, at least 17...
Register now for 10/12 Industry Report’s Louisiana Petrochemical Outlook webcast
Louisiana’s petrochemical sector is entering 2026 in a time of transition, with global demand shifts, federal policy changes, and new technologies influencing strategy. To help make sense of what’s ahead, 10/12 Industry Report will host the Louisiana Petrochemical Outlook virtual webcast event at 11 a.m. on Nov. 11.
The program will feature three leaders with deep expertise in operations, economics, and executive strategy:
Kate Lightfoot
Baton Rouge Integrated Complex Manager, ExxonMobil
Lightfoot became the first woman to manage ExxonMobil’s Baton Rouge complex in...
Get tickets for the Louisiana Energy Awards
Some of the biggest names in the energy industry will be honored this fall as Business Report's 10/12 Industry Report hosts the inaugural Louisiana Energy Awards, recognizing the leaders, companies, and projects driving the state’s energy future.
Honorees will be announced at a high-profile celebration on Tuesday, Nov. 5, 2025, at L’Auberge Casino & Hotel in Baton Rouge, bringing together top executives, innovators, engineers, policymakers, and service providers from across the sector—from oil and gas to carbon capture and hydrogen....