industry

Gulf of Mexico Well Evacuated Due to Uncontrolled Gas Flow

Jason Saul — Fri, 15 Feb 2013 23:49:56 +0000

This article has been updated.

A natural gas well in the Gulf of Mexico, located approximately 50 miles east of Venice, is releasing gas uncontrolled and has been partially evacuated, according to the well's operator and a report today in Fuel Fix, an energy news website operated in part by the Houston Chronicle.

Could Obama's Gas Policies Bring Jobs to La.?

Kelly Connelly — Wed, 13 Feb 2013 23:24:00 +0000

President Barack Obama touched on the oil and gas industry in his State of the Union. Some of these initiatives may benefit Louisiana’s economy.

First, the President suggested loosening regulation. “My administration will keep cutting red tape and speeding up new oil and gas permits,” Obama said. “That’s got to be a part of an all-of-the-above plan.”

Senators Push Again For Pipeline Permit

Ashley Westerman — Thu, 24 Jan 2013 19:12:00 +0000

On Tuesday, Nebraska Gov. Dave Heineman approved an adjusted route for the Keystone XL Pipeline that avoids that state’s fragile Sand Hills. Soon after, 53 senators – including both from Louisiana – wrote a letter to President Obama supporting the project.

$1.3B Natural Gas-to-Gasoline Plant Planned for Lake Charles

The Associated Press — Fri, 18 Jan 2013 17:00:00 +0000

G2X Energy Inc. of Houston says it plans a $1.3 billion plant to turn natural gas into gasoline at the Port of Lake Charles.

Louisiana Economic Development said Tuesday it would create 243 jobs averaging $66,500 a year.

New Iberia Plant Expansion Nears Completion

The Associated Press — Tue, 15 Jan 2013 20:00:00 +0000

Omega Natchiq Inc. expects to complete construction of a bigger fabrication facility during February.

Moody-Price Acquires Guico Specialty

The Associated Press — Fri, 11 Jan 2013 02:00:00 +0000

Moody-Price LLC, a Baton Rouge equipment and supplies distributor, has acquired Guico Specialty Co., a Lafayette firm that sells high-pressure industrial equipment.

Terms of the deal were not disclosed.

Possible Tornado Damages Plant in South La.

The Associated Press — Thu, 10 Jan 2013 23:13:42 +0000

The National Weather Service says an industrial plant in Iberville Parish may have been damaged by a tornado as heavy storms moved through the area Thursday morning.

No injuries were reported.

Textron: Slidell Lease Extension for 1 to 3 Years

The Associated Press — Thu, 27 Dec 2012 16:06:52 +0000

Textron Marine & Land Systems' offices will remain in Slidell for at least another year.

The Textron Inc. division said Wednesday that it has a lease extension through May 31, 2014, with two one-year options, pending approval by the Slidell City Council. The current lease ends in May.

Baton Rouge port gets grant

The Associated Press — Wed, 03 Oct 2012 16:33:17 +0000

The U.S. Department of Commerce has awarded a $1 million grant to the Port of Greater Baton Rouge to rebuild a rail line at the marine terminal which was damaged by Mississippi River flooding in spring 2011.

Coast Guard Investigating Oil Platform Fire

Eileen Fleming — Wed, 26 Sep 2012 22:00:00 +0000

The Coast Guard is investigating an oil platform that caught fire 35 miles off the Louisiana coast. Three people on the rig in the Gulf of Mexico have been safely evacuated.