Active hurricane forecast again threatens Louisiana industry
Tropical weather and climate researchers at Colorado State University are predicting 17 named storms, eight hurricanes and four major hurricanes in 2021, reports S&P...
ExxonMobil considers sale of elastic polymer business
ExxonMobil is exploring the sale of its Advanced Elastomer Systems division, potentially valuing the elastic polymer maker at around $800 million including debt, Reuters reports.
The...
ExxonMobil plans $334M expansion at Baton Rouge chemical plant
ExxonMobil is planning to invest $334 million on expansion and maintenance projects at its Baton Rouge chemical plant on Scenic Highway, according to an advance...
CITGO donation funds SOWELA program
Officials from SOWELA Technical Community College in Lake Charles announced March 25 that a donation from CITGO will fund cloud-based Simtronics software for students...
Marathon’s Garyville plant earns ENERGY STAR certification
The U.S. Environmental Protection Agency (EPA) announced March 25 that Marathon Petroleum Corp. of Garyville, La., is among 95 facilities nationwide to earn ENERGY...
Port Allen refinery considers $94.5 million in upgrades
Placid Refining LLC is considering investing another $94.5 million into its crude oil refinery in Port Allen, reports the Baton Rouge Advocate.
The company described...
IMTT to expand New Orleans headquarters
International-Matex Tank Terminals, a North American leader in bulk-liquids handling and storage, plans to retain and expand its headquarters in New Orleans, according to...
ExxonMobil creates carbon capture business unit
ExxonMobil Corp. says the time has come to turn capturing carbon emissions into a real business, as it faces pressure from activists to become...
GAO cites BSEE improvements under Angelle
Last week, the U.S. Government Accountability Office's biennial High-Risk Series Report cited the Bureau of Safety and Environmental Enforcement’s (BSEE’s) for progress in addressing...
ElementUS plans $800 million ‘rare earth elements’ project
ElementUS, a joint venture of DADA and Enervoxa, announced last week that it's planning to make an $800 million capital investment to extract rare...
