Dow joins a growing list of companies announcing layoffs
Dow is planning to cut approximately 4,500 jobs as the chemicals maker places more emphasis on using artificial intelligence and automation in its business,...
ExxonMobil expanding its Gulf Coast carbon storage operations
ExxonMobil has begun transporting and permanently storing carbon dioxide from the CF Industries ammonia plant in Donaldsonville, marking a major expansion of its carbon capture...
LED secretary: Louisiana has set a ‘new standard’
Speaking at Business Report’s Power Breakfast in Baton Rouge on Tuesday, Louisiana Economic Development Secretary Susan Bourgeois described a state that has staged an impressive...
Military contract to help fund $450 million expansion at Atalco refinery in Gramercy
The Atalco refinery in Gramercy will receive federal funding to produce more critical minerals under a new agreement between its Bermuda-based owners and the...
Louisiana petrochemical leaders see growth on the horizon
Louisiana’s petrochemical industry is entering a period of cautious optimism, with executives pointing to strong local assets but also ongoing challenges in policy and...
ConocoPhillips plans to slash its global workforce by up to 25%
Oil giant ConocoPhillips is planning to lay off up to one-quarter of its workforce, amounting to thousands of jobs, as part of broader efforts...
Here’s how Shell plans to turn around its slumping chemicals unit
Shell CEO Wael Sawan says the company is committed to turning around its underperforming chemicals unit, which has been hit hard by what he...
DOE taps petroleum reserve to aid ExxonMobil’s Baton Rouge refinery
The U.S. Department of Energy has approved an emergency release from the Strategic Petroleum Reserve to ExxonMobil, aiming to ease “logistical challenges” affecting crude oil...
Chalmette Refining appoints Ingram as new refinery manager
Chalmette Refining has announced that PBF Energy has appointed Daniel Ingram as its new refinery manager, reports Biz New Orleans.
Ingram began his career with...
CF Industries is building a $4B low-carbon ammonia facility in Ascension Parish
CF Industries, the world’s largest producer of ammonia, announced last week its approximately $4 billion final investment decision to build a low-carbon ammonia facility...
