NOPB, Gulf Gateway Terminal expand storage and improve efficiencies
The New Orleans Public Belt Railroad (NOPB) and Gulf Gateway Terminal LLC (GGT) announced Monday that they will soon have expanded storage capacity and...
John H. Carter Co. to construct $69 million industrial distribution facility in Gonzales
John H. Carter Co./ControlWorx LLC is preparing to build a $69 million, 285,000-square-foot facility in Gonzales, backed by a suite of state incentives aimed...
Commonwealth LNG receives federal approval and expects FID by September
The U.S. Department of Energy announced on Friday that it had granted an LNG export license to the Commonwealth LNG project in Cameron Parish,...
U.S. oil frackers hesitate to ‘drill, baby drill.’ Here’s why
President Trump wants to boost oil drilling, but his allies in the U.S. shale industry and Saudi Arabia are pushing back, The Wall Street Journal reports.
Trump...
Trump plans to impose 25 percent tariff on steel and aluminum imports
President Donald Trump plans to impose 25% tariffs on all U.S. imports of steel and aluminum, broadening his trade restrictions on some of the...
A snapshot of where U.S. crude oil inventories stand
U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, The Wall Street Journal reports.
Data...
Former Cajun Ready Mix partners launch a new concrete venture
The former owners of Cajun Ready Mix Concrete—once the largest cement and concrete company in the Capital Region—have partnered to launch a new ready-mix...
Natural gas investors look forward to industry growth
Natural gas investors are looking ahead to potential growth after a year in which historically low prices dinged profits and drilling plans.
Already the U.S....
LED Secretary Susan Bourgeois talks Trump tariffs
President-elect Donald Trump has promised to impose sweeping tariffs on U.S. trade partners like China, Mexico and Canada on his first day in office.
Tariffs...
Manufacturers stockpile parts, materials ahead of expected new tariffs
U.S. manufacturers are stockpiling imported parts and raw materials in anticipation of President-elect Donald Trump imposing new tariffs next year.
Buying activity among North American...