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Top News & Analysis Louisiana

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  • LONDON, July 1- Royal Dutch Shell has given the green light for the development of the Appomattox deepwater oil and gas field in the Gulf of Mexico, set to be the energy giant's largest floating platform in the region. Shell holds a 79 percent stake in the project while Nexen Petroleum, a wholly owned subsidiary of China's CNOOC, holds the remaining 21 percent.

  • June 30- A former BP Plc engineer deserves a new trial on an obstruction of justice charge related to the 2010 Gulf of Mexico oil spill, a federal appeals court ruled on Tuesday. The 5th U.S. Circuit Court of Appeals in New Orleans agreed with a lower court judge's decision last June to throw out the defendant Kurt Mix's December 2013 conviction.

  • WASHINGTON, June 29- The U.S. Supreme Court on Monday rejected bids by BP Plc and Anadarko Petroleum Corp to avoid penalties under federal pollution law in connection with the 2010 Gulf of Mexico oil spill. The high court left in place a June 2014 ruling by the New Orleans- based 5th U.S. Circuit Court of Appeals, which said the companies were liable for civil...

  • WASHINGTON, June 29- The U.S. Supreme Court on Monday rejected bids by BP Plc and Anadarko Petroleum Corp to avoid penalties under federal pollution law in connection with the 2010 Gulf of Mexico oil spill.

  • June 24- Monsanto Co's efforts to expand its agrichemical interests beyond what has long been its bread-and-butter glyphosate herbicide business were underscored on Wednesday by news the company plans to invest potentially more than $1 billion in a production facility for an alternative herbicide. Monsanto officials expect to spend the money over the...

  • America's 10 worst states to live in 2015 Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States 2015: Lowest Quality of Life

    These places get the low marks for their high crime rate, pollution, lack of inclusiveness and the poor health of their citizens.

  • The 10 worst states for business in America in '15 Wednesday, 24 Jun 2015 | 4:30 PM ET
    n abandoned, graffiti-covered home stands adjacent to occupied properties in the Bywater neighborhood of New Orleans, Louisiana.

    From states with sluggish economies to the worst education systems, find out what set these locales back to make them the bottom 10.

  • 46. Louisiana Wednesday, 24 Jun 2015 | 4:19 PM ET
    Top States 2015: Louisiana

    Business costs are low in the Pelican State, but low oil prices are hurting the economy and the already poor quality of life.

  • June 24- Monsanto Co, the world's largest seed company, said on Wednesday that it would still pursue an acquisition of Swiss rival Syngenta AG, which has rebuffed talks about its $45 billion offer, even as it warned of market challenges. Executives at Monsanto, which also reported a higher-than-expected quarterly profit, said they hoped for a friendly deal to...

  • U.S. industrial natural gas usage falls unexpectedly Friday, 19 Jun 2015 | 4:19 PM ET

    June 19- U.S. manufacturers have not soaked up as much excess shale gas in the first half of 2015 as expected, but the shortfall may be an anomaly as a Gulf Coast manufacturing boom is poised to insulate the sector from seasonal demand fluctuations. "The industrial sector has become more temperature-sensitive over the years, so it's not surprising industrial...

  • PBF ENERGY DID NOT GET ANY SHIPPING RIGHTS ON COLONIAL PIPELINE AS PART OF PURCHASE OF CHALMETTE, LOUISIANA REFINERY- CEO.

  • June 18- The U.S. Department of Justice said on Thursday that 243 people have been arrested across the country, charged with submitting fake billing for Medicare, a government healthcare program, that totaled $712 million. The charges are based on a variety of alleged fraud schemes, the government said, including submitting claims to Medicare and Medicaid, the...

  • June 18- PBF Energy Inc agreed to pay $322 million to acquire the 189,000- barrel-per-day Chalmette oil refinery in Louisiana and related assets from Exxon Mobil Corp and Venezuela's national oil company, Petroleos de Venezuela SA. The purchase marks PBF's entrance into the U.S. Gulf Coast, where it had lost out on a bid in 2011 for Texas City Refinery, then owned...

  • DETROIT, June 15- Honda Motor Co Ltd on Monday said it will recall 1.39 million Accord and Civic model sedans with potentially faulty front passenger-side air bags made by Japan's Takata Corp.. This will bring to about 2.3 million the number of Honda cars with front passenger-side air bags made by Takata that have been recalled, the automaker said.

  • HOUSTON, June 15- A tropical disturbance packing heavy rains in the Gulf of Mexico was slated to drench the coast of Texas just weeks after floods killed about 30 people in the state, the National Weather Service said. Flash flood watches were in effect for central Texas and in the Houston area, regions where flooding last month turned streets into rivers,...

  • HOUSTON, June 14- Leading Gulf of Mexico oil producer Shell Oil Co, the U.S. arm of Royal Dutch Shell Plc, said it was removing non-essential workers from offshore platforms as a precautionary measure ahead of a low-pressure storm system given an 80 percent chance of becoming a tropical cyclone in the next 48 hours. The U.S. National Hurricane Center has warned that...

  • WASHINGTON, June 12- The top U.S. auto safety regulator said on Friday a ruptured Takata Corp air bag was likely involved in the April 5 car crash that killed a 22- year-old Louisiana woman, which would make her death the seventh linked to an air bag defect. The suit alleges that the vehicle's driver-side Takata air bag exploded, sending shards of metal into the...

  • WASHINGTON, June 12- The top U.S. auto safety regulator said on Friday a ruptured Takata Corp air bag was likely involved in the April 5 car crash that killed a 22- year-old Louisiana woman, which would make her death the seventh linked to an air bag defect. The suit alleges that the vehicle's driver-side Takata air bag exploded, sending shards of metal into the...

  • HOUSTON, June 11- Motiva Enterprises said on Thursday it aims to trade its own gasoline, diesel and the components needed to make them in a new organization separate from its co-owner, Royal Dutch Shell. "With this change, we hope to provide greater value to them through more active participation in the market," Motiva Chief Executive Dan Romasko said in the...

  • WASHINGTON, June 10- Various Republican governors with an eye on the White House can point to tax cuts and other business-friendly policies they spearheaded as they enter the crowded 2016 presidential contest. Among the handful of governors and former governors competing for the Republican presidential nomination, only one- former Texas Governor Rick...