Private equity industry replaces Wall Street as oil & gas investors
As Wall Street banks and investors face mounting pressure to disinvest in oil and gas, the private equity industry is taking their place, reports...
BOEM accepts 2021 offshore lease bids
The U.S. government has accepted nearly $190 million in bids from an offshore oil and gas lease sale that was held nearly a year ago...
Grön Fuels selects critical supplier for Port Allen plant
Grön Fuels has selected Yokogawa Corp. of America as its preferred supplier of automation technology, equipment and services.
Grön plans to build a $9.2 billion...
GNO Inc. lands $50 million grant for wind-powered hydrogen energy cluster
Greater New Orleans Inc. and affiliate Greater New Orleans Development Foundation were awarded $50 million from the U.S. Economic Development Administration’s Build Back Better...
Tulane professor sees bright future for natural gas, renewables, but not for oil
While much of the world still runs on oil, Tulane University’s Peter Ricchiuti sees a far brighter future for natural gas and renewables.
Petroleum for the...
Strategic Biofuels project attracts $1 million grant for Port of Columbia
Strategic Biofuels announced last week that the Port of Columbia, home to the Louisiana Green Fuels project, has been awarded a $1 million grant...
LSU hopes to drive energy innovation with Shell donation
A nearly $30 million investment from Shell to LSU will expedite the move toward lower carbon emissions, reports WBRZ News.
A $27.5 million investment made...
Ieyoub says oil and gas drilling permits on the rise
Louisiana’s Commissioner of Conservation Richard Ieyoub predicts his department will issue more than 800 drilling permits in 2022, significantly higher than the 563 issued...
ExxonMobil to temporarily shut down portion of Baton Rouge refinery in January
ExxonMobil intends to temporarily shut down a coker and crude distillation unit at its Baton Rouge refinery in January for maintenance, Reuters reports.
The Baton Rouge refinery...
Transition from fossil fuels sparks growing need for geologists
The world’s transition away from fossil fuels toward clean energy is increasing demand for certain minerals, rare earth metals and the expertise of a...
