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ExxonMobil profits surge despite $3.4B hit from pulling out of Russia

ExxonMobil reported $5.48 billion in profits during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with...

Lake Charles’ Dunn appointed CITGO vice president of refining

CITGO Petroleum Corp. has named Jerry Dunn as the company's new vice president of refining, where he will oversee operations at the company's three...

Area energy leaders optimistic about ‘22 natural gas prices

Executives in Louisiana, Texas and New Mexico are forecasting Henry Hub natural gas prices to average $4.06/MMBtu at the end of 2022, reports Natural...

What Capital Region plant managers are saying about growth in next six months

Capital Region plant managers expect steady or growing investment, production and employment over the next six months, according to a Greater Baton Rouge Industry...

ExxonMobil’s new CFO looks to further pay down oil giant’s debt

ExxonMobil is looking to further reduce its debt, evaluating sustainability-linked financing instruments and preparing for potential new climate-related disclosure requirements, finance chief Kathryn Mikells...

ExxonMobil projects could be in jeopardy as it debates investment strategy

ExxonMobil’s remade board of directors is debating whether to continue with several major oil and gas projects as the company reconsiders its investment strategy...

BASF Geismar lands BRAC’s Diversity Star award

The Baton Rouge Area Chamber recently announced recipients of its Diversity Star Award during its sixth annual Diversity in Business event. Among the award...

Secrets of success: Top execs at three of Louisiana’s fastest-growing companies in the nation...

It has been an incredibly challenging year in the industrial space. Even so, Louisiana companies are making waves for their ability to grow and...

The surge: Pent-up demand provokes a maintenance ramp-up for this fall and beyond

When COVID-19 decimated the demand for fuels, the first reaction by industry was to delay costs—especially in gasoline and fuel production. A great number...

Rives joins Port NOLA as vice president, CCO

The Port of New Orleans has appointed Todd Rives as its new vice president and chief commercial officer, reports the American Journal of Transportation....

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