Crude oil inventories rise for first time in weeks
Crude oil inventories rose for the first time in seven weeks, according to data released Wednesday. Commercial crude oil stocks excluding the Strategic Petroleum...
Greenfield halts plan to build $800M terminal in St. John the Baptist Parish
Greenfield Louisiana LLC announced last week that it would no longer build its proposed $800 million grain export facility near a historically Black community...
EV battery component manufacturing poised to be Louisiana’s next big industry
It’s not likely that Louisiana’s fledgling electric vehicle battery industry would even exist without federal assistance, but state economic leaders really don’t care.
As Baton...
Why electric vehicles are cheaper than ever
Automakers are splurging on financing deals and cash incentives to entice buyers to close on electric vehicles, The Wall Street Journal reports.
The discounts come after demand has...
Total Quality Logistics to open Baton Rouge office, create 98 new jobs
Total Quality Logistics, a global freight brokerage and logistics firm headquartered in Cincinnati, is opening a new office in Baton Rouge.
TQL is the second-largest...
A new logistics park is being developed in Ascension Parish
Two Louisiana-based firms—JRE Capital and Ratcliff Development—are partnering to develop a new logistics park on 186 acres of farmland in Geismar.
Located along Interstate 10 in the...
Proposed LNG export terminal clears one hurdle but others remain
What would be the nation’s largest export terminal for liquefied natural gas won approval from a federal commission Thursday, but when the Louisiana project...
What a hyperactive hurricane season means for Louisiana’s oil and natural gas industry
The National Oceanic and Atmospheric Administration on Thursday issued its most aggressive Atlantic hurricane season forecast on record.
Due to near-record water temperatures and the development...
BP looking for opportunity off Louisiana’s coast
Three chief executives and 14 years following the 2010 Deepwater Horizon oil spill, BP is betting on the Gulf of Mexico for future growth, the Wall...
Port of New Orleans announces record container growth
The Port of New Orleans moved a total of 133,845 twenty-foot equivalent units during the third quarter of fiscal year 2024, representing a 19%...
