Economist says oil demand has already peaked; prospects better for natural gas, ethylene
There’s no more suspense over when worldwide oil demand will peak, says nationally renowned economist Elliott Eisenberg. That’s because it already happened in 2019.
Speaking...
First two factory-fabricated liquefaction trains arrive at Calcasieu Pass
The first two liquefaction trains have arrived at Venture Global's Calcasieu Pass LNG export facility in Cameron Parish.
The delivery of the highly optimized 0.6...
Sasol completes Lake Charles Chemical Complex with LDPE unit now operational
Sasol's $12.8 billion Lake Charles Chemicals Complex is now complete, with the low-density polyethylene becoming operational over the weekend.
The LDPE unit is the seventh...
Gron Fuels mulling $9.2 billion fuel complex in Baton Rouge
Grön Fuels LLC is studying the feasibility of a renewable fuel complex at the Port of Greater Baton Rouge.
With expansions and associated projects, the...
Is carbon storage the Gulf Coast’s next big thing?
Plans are underway for nearly a dozen commercial-scale carbon repositories along the Gulf Coast, the Houston Chronicle reports.
If completed, the facilities would begin putting...
Gulf Island to expand Houma shipyard, add jobs
Gulf Island Fabrication's Houma shipyard will begin accepting applications later this month for jobs created by an expansion of its Shipyard Division, Houma Today...
ExxonMobil plans layoffs but maintains faith in fossil fuels
ExxonMobil plans to lay off an unspecified number of employees as low oil prices force the company to delay major projects, Chief Executive Officer...
LNG limbo: New projects slam the brakes as long-term contracts vanish and investors opt...
Any new LNG investment in Louisiana will likely remain in limbo until at least 2022, as the uncertainty of COVID-19 and availability of competitively...
Magnolia LNG gets a five-year extension
The U.S. Federal Energy Regulatory Commission last week granted a five-year extension to complete the Magnolia LNG export plant in Louisiana.
FERC approved construction of...
CF Industries plans $41.4M investment in Donaldsonville fertilizer complex
CF Industries is investing $41.4 million capital investment to enhance nitric acid production at the world’s-largest nitrogen fertilizer complex in Donaldsonville.
The new project follows...
