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Venture Global project ahead of schedule

Construction of the Venture Global LNG plant at Calcasieu Pass is ahead of schedule and cargoes for a second project will be fully contracted...

Port NOLA eyes property for new container terminal

The Port of New Orleans could soon begin the due diligence process for a potential $1.5 billion multimodal container terminal to serve the largest...

ExxonMobil proposes $240 million upgrade to Baton Rouge refinery

ExxonMobil is proposing a $240 million-plus investment at its north Baton Rouge refinery that will include upgrades and installation of new technology and equipment...

Global industrial spending tied closely to second COVID wave

The challenges of 2020 didn’t cause the large-scale project cancellations that many feared. Rather, industrial owners shifted their projects to the right of the timeline...

Louisiana’s G2 Net-Zero LNG adds project finance advisor

Louisiana's G2 Net-Zero LNG has added an international financial advisor. G2 Net-Zero LNG Chairman Chas Roemer last week announced that Maius GmbH (Maius), a Swiss...

Mitsubishi Chemical Corp. considering potential $1B complex in Geismar

The Baton Rouge Area Chamber and Gov. John Bel Edwards today announced Tokyo-based Mitsubishi Chemical Corp. is studying the feasibility of building a methyl...

Construction on deepwater port off Cameron Parish coast could begin in Q4 2021

A decision on a deepwater port proposed for nearly 100 miles off the coast of Cameron Parish is expected in September, with construction following...

KBR named lead contractor for first phase of Plaquemines LNG

KBR Inc. has won the engineering, procurement and construction contract as lead contractor for Phase 1 of the Plaquemines LNG export project under development...

Sasol shareholders approve Lake Charles joint venture

Sasol shareholders have approved a proposed agreement to form a joint venture with chemical company LyondellBasell Industries at its U.S Lake Charles Chemicals Project...

Economist says oil demand has already peaked; prospects better for natural gas, ethylene

There’s no more suspense over when worldwide oil demand will peak, says nationally renowned economist Elliott Eisenberg. That’s because it already happened in 2019. Speaking...

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