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Business News
Feb 8, 2023
Exxon Mobil’s Business in Louisiana: An Overview
Exxon Mobil, one of the world's largest publicly traded international oil and gas companies, has a significant presence in Louisiana....
Jan 23, 2023
Russia, China, and Saudi Arabia Push to Dethrone U.S. Dollar as Global Reserve Currency
The recent events have marked a significant milestone in the potential downfall of the U.S. dollar as the global reserve currency. There...
Jan 18, 2023
Oil Prices Fall as Concerns of U.S. Recession Outweigh Optimism of China's Lifting of COVID-19 Curbs
Oil prices fell on Wednesday, with Brent futures dropping 1.1% to $84.98 a barrel and U.S. West Texas Intermediate (WTI) crude falling...
Jan 18, 2023
Energy Startup pulls off first meaningful CO2 direct-air capture - plans to move into LA
Startup Climeworks AG achieved an important milestone recently by successfully pulling CO2 from the open air and storing it underground...
Jan 13, 2023
Former Shell Executive, State Sen. Sharon Hewitt Enters Race For Governor
Touting her experience alongside "roughnecks" and on the offshore oil rigs owned by the Royal Dutch Shell Corporation, Sen. Sharon Hewitt...
Jan 6, 2023
Louisiana oil and gas sector expected to shrink this year
Louisiana’s oil and gas industry is expected to shrink slightly this year due to a combination of economic and geopolitical factors,...
Jan 4, 2023
After a Bumpy Year, Renewable Energy Looks Poised for Boom Times
Net additions of renewable electricity rose to an estimated 352 gigawatts of capacity in 2022, up from 286 GW in the previous year,...
Jan 4, 2023
Germany’s first LNG shipment came from this Louisiana export terminal
Germany’s first import of liquefied natural gas came from a Louisiana export terminal, according to the company that produced the fuel...
Dec 5, 2022
Energy sector 'could absolutely do well again' in 2023, says analyst
Energy is the best performing sector year-to-date. The S&P 500 Energy ETF (XLE) is up 62%, far outperforming any other equity group in...
Dec 5, 2022
Gas Prices Are Dropping: Here’s How Much Lower They Might Go
The average cost of fuel in the U.S. has fallen more than 30% from record highs, with seven states below $3 a gallon Fuel prices have...
Nov 30, 2022
Bollinger moves its executives into key positions at newly acquired Mississippi operations
Bollinger Shipyards, the Lockport-based shipbuilder, has put several of its own executives in charge of running the loss-making Halter...
Nov 29, 2022
Entergy named a top utility in economic development for 15 years
NEW ORLEANS – Entergy Louisiana and Entergy New Orleans remained major players for economic growth for the region by working closely with...
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