Frackers hold back production as oil nears $100 a barrel
America’s largest frackers are reporting huge profits but plan to keep oil production in low gear this year, adhering to an agreement with Wall...
After perfect storm of disruption, state’s industrial sector faces uncertain times
A host of factors conspired to create a perfect storm for Louisiana’s industrial space over the past two years, ranging from pandemic-induced supply chain...
U.S. rig count sees largest single-week rise since 2018
The number of active oil and gas drilling rigs in the U.S. rose by 22 last week—the 16th straight weekly increase and the largest...
Port of South Louisiana’s Matthews says expansions on the way
Paul Matthews, the new executive director of the Port of South Louisiana, says the recent enactment of the new federal infrastructure bill will undoubtedly...
Loren Scott to petrochemical industry: Expect ‘cheap’ natural gas
The Capital Region’s petrochemical industry likely will continue to benefit from low domestic natural gas prices over the next two years, economist Loren Scott...
LWC, Alliance Safety Council target truckers in separate programs
The Louisiana Workforce Commission is launching a program to help combat the nationwide truck driver shortage. The “Drive Your Future” training grant offers those...
Ongoing supply chain issues mean companies must retool strategies
With havoc at ports showing no signs of slowing it’s unlikely that supply chain disruptions will ease anytime soon. At least not until 2023, Inc. reports.
So...
River pilots associations launch ‘Open Waters’ initiative
The Crescent River Port Pilots and the New Orleans-Baton Rouge Steamship Pilots Associations launched The Open Waters initiative on Jan. 19, reports The Maritime...
Port NOLA touts 2021 milestones
Last week, the Port of New Orleans (Port NOLA) touted its 2021 accomplishments across all four of its business lines: cargo, rail, industrial real...
Louisiana will receive $1B for bridge repairs and replacements
Louisiana will receive around $1 billion from the federal infrastructure plan to repair its failing bridges and infrastructure, including $202.6 million this fiscal year,...
