ExxonMobil sees carbon capture market at $4 trillion by 2050
ExxonMobiil estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a...
Vito, Shell’s new offshore platform, will make money at almost any oil price
Nicknamed Vito, Shell's new multibillion-dollar offshore oil platform is set to launch off the coast of Louisiana in June. Its costs have been cut...
New Fortress Energy seeks permits for offshore LNG terminal
New Fortress Energy Inc. announced last week that it has filed applications with the U.S. Maritime Administration, the U.S. Coast Guard and U.S. Department...
Edison Chouest builds first wind farm service vessel in Cut Off
Ørsted and Eversource along with Edison Chouest Offshore (ECO) have announced the building of the first Jones Act-qualified wind farm service operations vessel (SOV) in the U.S. has...
California firm plans $750M biomass facility in Geismar
Origin Materials plans to invest at least $750 million to develop a biomass manufacturing facility in Ascension Parish.
AmmPower to build green hydrogen, ammonia facility at Port of South Louisiana
AmmPower Corp. has signed a Letter of Intent to develop a green hydrogen/ammonia facility for an undisclosed amount at the Port of South Louisiana,...
Offshore wind in Gulf could create 17,500 jobs
The economic outlook for offshore wind energy in the Gulf of Mexico is getting rosier, with as many as 17,500 jobs likely to be...
Bollinger to fabricate pontoon launcher for nuclear submarines
Lockport-based Bollinger Shipyards announced last week that it received an order from General Dynamics Electric Boat in support of the U.S. Navy’s new Columbia-class...
As wind farm popularity grows, safety risk is unclear
Last fall, Gov. John Bel Edwards announced a new initiative intended to make Louisiana a leader in harnessing wind power. But it remains to be...
Louisiana will receive $1B for bridge repairs and replacements
Louisiana will receive around $1 billion from the federal infrastructure plan to repair its failing bridges and infrastructure, including $202.6 million this fiscal year,...
