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Sasol: No share sale necessary after first-half profits triple

Sasol Ltd has retreated from a potential $2 billion share sale and announced that its first-half profit has more than tripled, marking the highest...

Crest Industries starting new specialty chemicals company in Louisiana

Crest Industries is creating a new specialty chemicals company that will manufacture innovative products at the Central Louisiana Regional Port in Alexandria. Crest Industries will...

Five Louisiana industrial firms make the Inc. 5000

Five Louisiana industrial firms have made the Inc. 5000 list of fastest-growing companies in the nation. • Abadie-Williams, a Metairie company founded in 2013 that...

Lexicon Fabricators and Constructors acquires Louisiana company

Lexicon Fabricators and Constructors has acquired Steel Fabricators of Monroe to expand its national presence. The 130 Louisiana employees will join the company’s American Institute...

Citgo 6 convicted in Venezuela

Hopes of families for a quick release for six American oil executives—some with ties to Lake Charles—detained in Venezuela for three years over an...

Cameron LNG sets up temporary community health clinic

Cameron LNG has set up a temporary clinic in southwestern Louisiana’s Cameron Parish, the Cameron Pilot reports, after Hurricane Laura heavily damaged one of...

Baton Rouge’s H&E Equipment relocates Texas facility

Baton Rouge-based H&E Equipment Services Inc. has relocated its Georgetown branch to an expanded facility in Temple, Texas. The branch specializes in earthmoving equipment, aerial...

Pelican ABC member companies serve 3,000 meals to Capitol Region healthcare workers and nonprofits

The Pelican Chapter of the Associated Builders and Contractors last week hosted Workforce Feeding Frontlines, a community event for the Merit Shop construction workforce...

Halliburton moving Kilgore operations to Bossier City

Oilfield services giant Halliburton laid off 233 employees in Kilgore, Texas, last week amid plans to close its facility there and move the operations...

Bloomberg: Coronavirus lays bare decade’s worth of miscalculations by ExxonMobil

Perhaps no company has been humbled as profoundly by recent events as ExxonMobil, which missed the shale boom, overspent on projects and saw its...

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