Our top stories
Orphaned wells are on the rise, but money to plug them is lacking
A recent report from the Louisiana Legislative Auditor reveals the state’s challenges in managing orphaned oil and gas wells in the state, The Center Square reports.
The number of orphaned wells has increased 68% since 2013. Two...
ExxonMobil, Chevron profits are on the decline
ExxonMobil and Chevron posted lower third-quarter profits Friday as energy prices sank and fuel-making margins narrowed.
The companies signaled confidence that their cost-cutting and reduced spending since the pandemic have prepared them for the worst,...
Louisiana’s multipronged push toward industrial- and utility-scale solar is making big waves
First Solar’s Georges Antoun can hardly contain his excitement about the future of the state’s solar energy market.
What began as a trickle could soon become a tidal wave of new investment, and his photovoltaic...
Honeywell, Google to offer industry focused AI service in 2025
Honeywell has signed a deal with Google to bring its generative AI―including the Gemini large language model and Vertex, Google Cloud’s AI platform―together with its massive data set that collects information across industries from...
Newtron Group breaks ground on new Baton Rouge facility
The Newtron Group has broken ground on its new facility, which marks the beginning of an expansion that will eventually house all of the company’s Baton Rouge operations, including Triad Electric & Controls, Triad...
JPMorgan Chase is considering two LNG projects in Louisiana
JPMorgan Chase is in talks to resume trading physical liquefied natural gas (LNG) after more than a decade, Bloomberg News reports.
The bank has had talks with at least three projects under development in the Gulf...
What’s on the horizon for Louisiana’s energy industry? Watch the webcast.
The Louisiana Energy Outlook, presented by 10/12 Industry Report and Baton Rouge Business Report, explores emerging trends for 2024 and 2025: Energy transformation, oil and gas production, innovation and digitalization, workforce challenges and more.
Panelists include Regina Davis, ExxonMobil Baton Rouge refinery manager; Lee Stockwell, national leader for carbon capture at Shell; and Brad Ives, director of the LSU Institute for Energy Innovation.
The virtual event is sponsored by Alliance Safety Council and Bradley Murchison.
Watch the webcast.
