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Could a tax on foreign oil replace Louisiana’s income tax?

A member of the Louisiana public service commission has proposed eliminating the state income tax to replace it with one on foreign oil processed...

Earnings growth slows for ExxonMobil, Chevron

ExxonMobil and Chevron’s record-setting results run is tapering off, thanks to anemic natural-gas prices and refining margins. The oil-and-gas companies combined banked $13.7 billion in...

Emerging Leaders: Clayton Williamson

Clayton Williamson got his feet wet in the oil and gas business working summers offshore while in college. His father and godfather got him...

Emerging Leaders: Laura Eiklor

An embarrassing moment early in her career forced Laura Eiklor to appreciate the importance of what she was doing for ExxonMobil. She was in...

Here’s what Phillips 66’s CEO told chemical engineers in New Orleans

Phillips 66’s mission will require constant change, President and CEO Mark Lashier told a gathering of more than 1,000 chemical engineers in New Orleans...
Shintech

Shintech plans further expansion at White Castle facility

Chemical producer Shintech plans further expansion of its facility in White Castle, according to filings with Louisiana Economic Development. Shintech filed a $35.5 million project...

Group says billions in ITEP incentives failed to grow jobs

Billions in tax incentives from the Industrial Tax Exemption Program have failed to produce job and income growth in Louisiana, according a new report...

Lake Charles Methanol announces plans for $3.2B manufacturing plant

Lake Charles Methanol II LLC announced plans last week to invest $3.24 billion to construct a manufacturing plant that will produce low-carbon intensity methanol...

DEQ deciding fate of planned Mitsubishi chemical plant in Geismar

The fate of a proposed Mitsubishi Chemical plant in Ascension Parish is now in the hands of the Louisiana Department of Environmental Quality, WAFB-TV reports. DEQ...

ExxonMobil begins two-month overhaul of catalytic cracker, hydrocracker

ExxonMobil has shut down its fluidic catalytic cracker and hydrocracker in Baton Rouge for a two-month planned overhaul, Reuters reports. The work began on last week...

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