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Cameron LNG losses at center of SEC investigation

McDermott International Inc. is being investigated by the Securities Exchange Commission over disclosures about projected losses at Cameron LNG, the Wall Street Journal reports. McDermott...

EPA’s proposed ethylene oxide rules may impact South Louisiana chemical plants

Louisiana chemical manufacturers would be forced to trim their annual emissions of ethylene oxide under an Environmental Protection Agency proposal. The proposed new rules targeting...

Federal decision on eminent domain could impact pipeline development in Louisiana

A recent federal appellate court decision in New Jersey could have implications for pipeline development in Louisiana, according to a Baton Rouge pipeline defense...

Performance Contractors seeks $30M+ from Equistar

Baton Rouge's Performance Contractors is suing Equistar Chemicals, saying the company owes it more than $30 million for its work as a general contractor...

DOJ suing Lane Grigsby and wife over ‘erroneous’ $750,000 tax refund

The U.S. Department of Justice is suing Cajun Industries founder and Chairman Emeritus Lane Grigsby and his wife for more than $750,000 for an...
industrial project cash flow

Longer payout and complex invoicing are putting a drag on contractor cash flow

Invoicing an owner for work is as complex as higher-level math these days, as contracts are more convoluted and payout terms are frequently extended...

Ex-contractor illegally accesses Strategic Petroleum Reserve computers

A former Department of Energy contractor has admitted to accessing the Strategic Petroleum Reserve Office computer systems, altering and deleting files without authorization. Gary Peter...

Federal jury awards Spoked Manufacturing $5 million in patent infringement case

A Louisiana federal jury has awarded Spoked Manufacturing $5 million in a patent infringement and fraud case against Besco Tubular of Houma. The case centers...

Moreno frac sand operation files for Chapter 11 with $128M in debt

This story has been changed since its original publication to correct the spelling of Michel Moreno's name. A holding company owned in part by Lafayette...

Supreme Court: State wage laws don’t apply to oil platform workers

Workers on offshore oil drilling platforms are covered by the Fair Labor Standards Act—not state overtime and wage laws—and are not entitled to be...

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