Provident Realty purchases 66 acres in Geismar for distribution warehouse
Provident Realty Advisors on Wednesday announced it has purchased 66 acres in Gateway Industrial Park in Geismar, for an undisclosed price. Provident Realty plans to...
Biden administration wants to re-start shuttered refineries
The Biden administration is reaching out to the oil industry to inquire about restarting shuttered refineries, as the White House scrambles to address record...
Why shale drillers aren’t pumping out more oil and gas
Though shale drillers have been hampered by pipeline constraints, rising prices for oil-field supplies and shortages of roughnecks and rigs, The Wall Street Journal reports there...
Powered by methanol: An investment surge in Louisiana
When Danish shipping giant Maersk announced in August that its first decarbonized ships would run on green methanol, then ordered a dozen 16,000-TEU container...
Venture Global to export LNG to ExxonMobil affiliate from Louisiana plants
Venture Global LNG has announced the execution of two new long-term sales and purchase agreements with ExxonMobil LNG Asia Pacific for the sale of...
Rising natural gas prices increase manufacturing, transportation costs
Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation is expected to persist as the country...
Proposal would ban Russian imports to Louisiana
Louisiana lawmakers on Monday advanced a proposal that would ban Russian imports of natural resources to the state, condemning the invasion of Ukraine, reports...
New maritime money could fund local ‘container-on-barge’ service
The U. S. Department of Transportation’s Maritime Administration (MARAD) announced last week that it would add another $14.8 million in available funding to the...
Why U.S. oil companies aren’t rushing to increase production
Oil and gasoline prices continue to climb, and energy company profits are surging. President Biden, who came into office promising to reduce the use...
Energy Department OKs additional LNG exports from future Louisiana terminal
The Energy Department on Wednesday authorized additional exports of liquefied natural gas from planned terminals in Texas and Louisiana, reports The Associated Press.
The orders...
