Our top stories
Magnolia LNG project in jeopardy
Bridge financing essential to keeping LNG Limited operating long enough to close an agreement to be taken over by a Singaporean investor fell through, which would imperil the company's proposed Magnolia LNG export project...
Louisiana snags $155.7 million in GOMESA money
Louisiana on Monday snagged $155.7 million in GOMESA revenue-sharing funds for coastal restoration efforts, derived from offshore energy production.
Plaquemines Parish gets the largest disbursement in the state, with more than $3 million. Rounding out...
Shell walks away from Lake Charles LNG project
Shell is not going forward with its investment in the Lake Charles LNG project due to “current market conditions,” the company announced today.
Shell had a 50% stake in the project, split with Energy Transfer,...
Entergy’s Lake Charles Power Station starts up
Entergy Louisiana's Lake Charles Power Station began commercial operations over the weekend, providing another source of energy to a region that has seen substantial growth in recent years.
Entergy Louisiana President and CEO Phillip May...
SPONSORS
My Toughest Challenge: Kyle J. Remont of RED Group in New...
Position: President
Company: RED Group, New Orleans
What They Do: Specialize in control systems design and integration, industrial IT consulting and industrial control systems security. RED...
My Toughest Challenge: Korey Kimball of Bayou Companies in New Iberia
Position: Senior manager overseeing the project management division at the New Iberia operations facility
Company: Bayou Companies
What They Do: Provide a complete line of pipeline...
PROJECT TRACKER
10/12 Industry Report tracks the status of announced or proposed industrial projects in south Louisiana since Jan. 1, 2014, with projected capital investment of $25 million or more. The top map indicates projects estimated at $250 million or more; the map below it, those between $25 million and $250 million. Data is current as of January 1, 2020.
Second line...
