Contractors face pressure from high material prices
Impacts from rising construction material prices still are being felt despite recent signs of stabilization, reports Engineering News-Record.
The Associated General Contractors of America report...
Harvest Midstream purchases network of Louisiana pipelines, terminals
Harvest Midstream announced last week its intention to purchase the remaining interest of Arrowhead Gulf Coast Holdings LLC, a critical network of pipelines and...
Cheniere Energy asks feds to drop pollution rule
Cheniere Energy Inc. has asked the Biden administration to exempt it from limits on emissions, arguing they would force the top U.S. exporter of...
Tellurian awards contract to Baker Hughes for zero-emissions pipeline technology
Tellurian Inc. announced last week that its subsidiary, Driftwood Pipeline LLC, has awarded a contract to Baker Hughes to provide electric-powered Integrated Compressor Line...
Supply bottlenecks spreading from ports to rail networks
Bottlenecks that have tied up U.S. supply chains are now spreading from ports to the freight rail networks, raising costs and adding new shipping...
ExxonMobil CEO says oil markets could be tight for years
ExxonMobil executives believe global oil markets could remain tight for another three to five years, largely because of a lack of investment since the...
Cheniere, Chevron sign long-term LNG sale, purchase agreements
Cheniere Energy Inc. announced late last week that two of its subsidiaries, Sabine Pass Liquefaction LLC and Cheniere Marketing LLC, have each entered into...
LMOGA criticizes Biden’s policies after he tells refiners to increase production
Last week, President Joe Biden called on U.S. oil refiners to produce more gasoline and diesel, reports the Associated Press. In the letter, Biden...
Higher U.S. exports of gasoline, diesel draining already-low inventories
A rapid rise in American fuel exports this year has had a hand in the record $5 a gallon gasoline prices, and is pressuring...
Rising natural gas prices raise concerns for Louisiana industry
Only a few months ago, Louisiana’s chemical manufacturing sector seemed “poised for a booming year,” according to industry leaders and analysts. While the price of natural...
