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Oil surge results in 15-year insider selling record
Oil and gas executives sold roughly $1.4 billion in stock during the first quarter as crude prices spiked following U.S. military action against Iran, The Wall Street Journal writes. Shares of major producers and service...
Venture Global to benefit from global energy shock
Venture Global is set to benefit from the global energy shock, as disruptions in the Middle East tighten LNG supplies, The Wall Street Journal writes.
The exporter, which has several Louisiana-based projects, has built a lucrative...
New study shows decline in growth of jobs in Louisiana’s oil and gas industry
The Data Center, based in New Orleans, says job growth in Louisiana since 2015 has increased by less than 1 percent, well below the U.S. average of 11.5 percent, reports Louisiana Radio Network.
Dr. Alex...
Lawsuits filed as industrial development projects ramp up in Ascension Parish
Three lawsuits filed Thursday seek transparency and protections for burial sites of enslaved people as the state moves forward with industrial development in Ascension Parish’s west bank area, reports Louisiana First News.
The lawsuits allege...
MMR Group opens $55 million modular systems plant in Lafayette
MMR Group has opened a new $55 million modular systems assembly facility in Lafayette, reports Lafayette Today. The 200,000-square-foot facility is expected to expand the production of electrical components used in industries such as semiconductors...
Trump administration to rejoin offshore drilling agencies separated after 2010 Gulf oil spill
The Trump administration said Friday it is combining two agencies that were separated in the aftermath of the 2010 Gulf oil spill. The Interior Department said the overhaul would increase efficiency and speed up...
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...
