Louisiana’s oil and gas sector to shrink slightly in 2023
Louisiana’s oil and gas industry is expected to shrink slightly this year due to a combination of economic and geopolitical factors, reports Louisiana Illuminator.
Most...
MMR tops ranking of electrical contractors
MMR was named the largest electrical contractor in the region and the largest specialty contractor in Louisiana by Engineering News-Record of Texas and Louisiana.
The annual...
Louisiana industry mulls offshore wind as power source
Offshore wind farms in the Gulf of Mexico proposed by the Biden Administration could generate enough electricity for 3.1 million homes in Texas and...
ExxonMobil boosts petrochemical capacity in Baton Rouge
ExxonMobil has ramped up more polypropylene production at its petrochemicals complex in Baton Rouge, increasing capacity to 450,000 metric tons/year, reports Natural Gas Intelligence.
The...
Harvest MidStream to purchase former Alliance Refinery
Harvest MidStream announced that it has entered into an agreement with Phillips 66 to purchase the Belle Chasse Terminal, formerly the Alliance Refinery, in...
New ExxonMobil corporate plan stresses lower-emission initiatives
ExxonMobil last week unveiled a new corporate plan that includes increasing its stock buybacks and reducing greenhouse-gas emissions. Its stock is gaining.
The oil and...
Entergy donates $122,000 to SWLA Economic Development Alliance to retain business, attract new industries
Entergy Louisiana announced last week that it has donated $122,000 to the Southwest Louisiana Economic Development Alliance to help fund initiatives around retaining businesses and...
ExxonMobil, Mitsubishi Heavy Industries form carbon capture technology alliance
ExxonMobil announced last week that it has joined forces with Mitsubishi Heavy Industries to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end...
Manufacturing activity contraction could signal economic slowdown
An index measuring factory activity shows a contraction for the first time since 2020, according to the Institute for Supply Management’s index of manufacturing...
English chemical company adding Broussard facility to supply product for PPE manufacturing
England-based company Aquaspersions is building a facility in Broussard to supply SafeSource Direct and other U.S. companies with chemicals used to produce personal protective...
