ExxonMobil’s hunt for a fracking acquisition signals industry shift in the oil patch
ExxonMobil’s hunt for a blockbuster deal in U.S. shale could kick off a bonanza of deal-making in the oil patch as drillers look to...
Bunge to acquire Fuji Oil refinery at Avondale Terminal
Bunge, a global leader in agribusiness, food and ingredients, announced that it has entered into a purchase agreement with Fuji Oil New Orleans LLC...
CF Industries to pay $1.7 billion for IPL’s Waggaman plant
CF Industries Holdings Inc. announced Monday that it has signed a definitive purchase agreement with Incitec Pivot Limited for IPL’s ammonia production complex in...
Danos acquires Wood offshore labor supply
Louisiana-based energy services company Danos last week finalized its acquisition of Wood’s offshore labor supply operations in the Gulf of Mexico.
This is Danos’ fourth...
Jefferson Parish Council unanimously supports Avondale acquisition
The Jefferson Parish Council announced last week that it had unanimously passed a resolution calling on the State Bond Commission to support a bond...
Lafourche Port Commission’s $36.7 million land purchase paves way for new bridge
The Greater Lafourche Port Commission announced last week that it plans to purchase more than 850 acres of land south of Leeville, including all...
Edwards, Port NOLA kept in dark about $445 million Avondale deal
The Port of South Louisiana's agreement to buy the former Avondale shipyard for nearly $450 million was inked without discussions with other area port officials,...
WhiteHawk purchases $105 million in Haynesville Shale assets
Philadelphia-based WhiteHawk Energy has agreed to purchase up to $105 million in natural gas mineral and royalty assets located primarily in northwestern Louisiana, effective...
Placid Refinery pays $4.8M for BRAF’s former Baton Rouge headquarters
Port Allen’s Placid Refining Co. has purchased the building that formerly housed the Baton Rouge Area Foundation along with a parking lot straddling the...
Atlas-SSI acquires Baton Rouge-based cooling tower manufacturer
Water screen and bulk material handling manufacturer Atlas-SSI announced last week that it has acquired Baton Rouge-based Cooling Tower Valves and Screens LLC.
The acquisition broadens...