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Diesel prices prompt rising trucking rates
Shipping costs are rising nationwide, primarily due to U.S. trucking rates reaching their highest level since 2022 as diesel prices surge and driver shortages persist.
The increases are expected to ripple through the economy, raising...
LNG surge points to continued growth for Louisiana ports
Increased output from LNG facilities in Texas and Louisiana, including expanded capacity in Plaquemines Parish, points to continued growth for Louisiana's ports. U.S. liquefied natural gas exports surged to a record 11.7 million metric...
Investors want more environmental info from data center owners
Amazon, Microsoft and Google are being pressured by investors to provide more data about the environmental impact of their rapidly expanding data centers, particularly water and energy use, as community opposition stalls some projects.
With...
Baton Rouge Area Foundation takes ownership of The Newtron Group
The Baton Rouge Area Foundation has assumed ownership of The Newtron Group, the foundation announced Thursday, completing a long-planned transition designed by founder Newton B. Thomas to preserve the company’s culture and expand its...
Legislators could be positioning the state for major investments in aerospace
A cluster of House bills filed just before this session’s introduction deadline suggests that state leaders may be positioning Louisiana to land a major aerospace project.
The bills address tax incentives, legal liability and public...
ExxonMobil touted algae biofuels program despite internal doubts
Despite researcher warnings that its algae biofuels program would not produce sufficient oil outside controlled lab settings, ExxonMobil executives continued to promote the technology to investors as a near-term breakthrough, The Wall Street Journal writes.
Researchers warned...
Former BP CEO jumps into AI data center market
Bernard Looney, the former CEO of BP, is taking on the CEO role at Prometheus Hyperscale, a data center developer that hopes to funnel tens of billions of dollars into two projects in Wyoming...
