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St. James Parish Council delays vote on Bayou Bridge Pipeline; parish presidents vows to get alternative evacuation route

St. James Parish Council delays vote on Bayou Bridge Pipeline; parish presidents vows to get alternative evacuation route

St. James Parish President Timmy Roussel pledged Wednesday to “review every possibility” to create an alternative evacuation route for residents worried about industrial development encroaching on the parish’s rural west bank. The route has come up as major industrial facilities have been proposed for the area in recent years and the last leg of the 162-mile […]

Louisiana port project could define ceiling for shale oil demand

Louisiana port project could define ceiling for shale oil demand

A proposed Louisiana port project could define the ceiling for the future of the Texas shale oil boom, according to a new report. While Houston and Corpus Christi are leading the way in the burgeoning crude oil export industry, they could be surpassed by proposed plans to turn the Louisiana Offshore Oil Port into a […]

Luncheon presentation by Chevron VP Worldwide for Drilling & Completions

Luncheon presentation by Chevron VP Worldwide for Drilling & Completions

Wednesday, August 30, 2017 11:30 am Lafayette Petroleum Club 111 Heymann Boulevard Lafayette, Louisiana $30 per person; Tables (8 tickets) are available at the discounted price of $200 (a $40 savings) The Lafayette International Center is pleased to invite you to a luncheon presenting guest speaker Mr. J. David Payne, Vice President, Global Drilling and Completions, Chevron […]

By August 10, 2017 0 Comments Read More →
LABI: 3 area legislators ‘perfect’

LABI: 3 area legislators ‘perfect’

Several local state legislators have received top honors this week from a Louisiana business advocacy organization. The Louisiana Association of Business and Industry released its 2017 Legislative Scorecard on Monday, recognizing both State Rep. Taylor Barras, R-New Iberia, State Rep. Blake Miguez, R-Erath, and Sen. Bret Allain, R-Franklin, as “Most Valuable Policymakers” for “perfect scores […]

Controversial Bayou Bridge Pipeline proposal to come before St. James Parish Council on Wednesday

Controversial Bayou Bridge Pipeline proposal to come before St. James Parish Council on Wednesday

The proposed Bayou Bridge Pipeline takes another step on its long regulatory path this week as the St. James Parish Council is expected to decide on the land use approval for the final leg of the controversial 162-mile crude oil line. The parish Planning Commission granted a land use approval for the pipeline May 31 […]

LNG OUTLOOK One done, one going up, eight others in the works

LNG OUTLOOK One done, one going up, eight others in the works

If you’ve been in Southwest Louisiana any length of time, you’ve undoubtedly heard the term “LNG,” which is short for liquefied natural gas. Once natural gas is extracted from the ground it’s piped into pressurized trains, cooled to a liquid and shipped around the world in LNG tankers. Once a tanker arrives at its destination, […]

$50-a-barrel oil boosts offshore drillers’ hopes of vying with shale

$50-a-barrel oil boosts offshore drillers’ hopes of vying with shale

The global oil downturn hit offshore drillers with the double whammy of a drop in customer demand for their services and a glut of new rigs rolling out of shipyards. More than three quarters of Transocean’s sales have been carved away since hitting a peak of $3.3 billion at the end of 2008, according to […]

Louisiana budget balanced with millions tied up in lawsuits

Louisiana budget balanced with millions tied up in lawsuits

As they scraped together dollars to fill gaps in last year’s budget, Louisiana lawmakers relied on nearly $36 million from a state escrow account tied to ongoing tax litigation, dollars that can’t be spent while the lawsuits remain unresolved. Much of the money earmarked for spending in the budget year that ended June 30 remains […]

The hidden issues on the October ballot

The hidden issues on the October ballot

The Oct. 14 elections will produce more than just winners and losers in Louisiana, says Jeremy Alford. “They also generate new insights into the modern political landscape, foreshadow policy debates to come and offer us an opportunity to take the temperature of the electorate on any number of issues,” Alford writes in his latest column. […]

Magnolia LNG signs dredging servitude agreement

Magnolia LNG signs dredging servitude agreement

Liquefied Natural Gas Limited has announced that its wholly owned subsidiary, Magnolia LNG LLC, has executed a Servitude Agreement with Turners Bay, LLC, a Louisiana limited liability company, for the right to deposit dredge spoils on certain tracts of land located in Calcasieu Parish, Louisiana as per the Project’s Beneficial Use of Dredged Material Plan […]