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Business News


Major Oil Company Cox Operating Files for Bankruptcy, Leaving South Louisiana Businesses in Jeopardy
Metairie-based oil company Cox Operating LLC, one of the largest independent operators in Louisiana's shallow coastal waters, has filed...
Jun 13, 2023


State senator: Carbon capture is poised to bring economic prosperity
Conversation in Louisiana surrounding carbon capture and storage is reaching a fever pitch as our state legislative session nears a close...
Jun 6, 2023


ExxonMobil and Nucor Partner to Capture and Store Carbon Emissions in Louisiana
ExxonMobil, the largest U.S. domestic oil and gas company, has announced a partnership with Nucor, a prominent steel-maker, to capture...
Jun 1, 2023


GREG BOWSER: Keeping Louisiana sustainable and beautiful through Advanced Recycling
Louisiana has always been a pioneer and leader in the chemical industry. Whether it be new technologies, monumental expansions, product...
May 19, 2023


Shell Catalysts & Technologies to Expand Louisiana Facility with $121.7m Investment
Shell Catalysts & Technologies has announced its decision to expand its facility in West Baton Rouge Parish at a cost of $121.7m, with a...
May 17, 2023


REPORT: LA Energy Industry Adds Over $54 billion to State’s Economy
A new report commissioned by the American Petroleum Institute (API) and prepared by PricewaterhouseCoopers (PwC) highlights the growing...
May 17, 2023


Analysts Predict Oil Prices Will Soon Recover After Recent Slide
Oil Prices Expected to Recover in Q2 and Q3 of 2023 Analysts predict that oil prices will start to recover soon after the recent slide,...
May 10, 2023

Chevron & Toyota Showcase New Renewable Gas Blend on Baton Rouge Stop of Gulf Coast Road Trip
Today, the Louisiana Association of Business & Industry headquarters in Baton Rouge, LA, hosted executives from Chevron to show off the...
Apr 18, 2023


SCALISE: We must lower energy costs for American families
Louisiana knows a thing or two about energy. Energy production from offshore Louisiana accounts for about 20% of America’s...
Apr 4, 2023


Louisiana's Energy Industry Poised for Investment Opportunities Amid Transition to Renewables
Louisiana's energy industry is expected to benefit from significant investment opportunities as the world transitions away from fossil...
Mar 29, 2023


Placid Refining Invests $66 Million to Relocate Headquarters and Modernize Facility in Baton Rouge,
Placid Refining, an independent petroleum refining company, has announced a $66 million investment to relocate its headquarters from...
Mar 24, 2023

ZAPPI: Louisiana's energy future tied to Carbon Capture & Storage
Last week, we were fortunate to be invited to a seminar put on by the Louisiana Association of Business & Industry (LABI) that covered...
Mar 22, 2023
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