Top News & Analysis Louisiana

  • WASHINGTON, Feb 13- Federal Reserve board nominee Judy Shelton faced deep skepticism from Republicans and Democrats on the Senate Banking Committee on Thursday, as lawmakers challenged her independence from President Donald Trump and characterized her thinking as too far outside the mainstream to trust with the nation's economy. Over the course of the...

  • WASHINGTON, Feb 13- Federal Reserve board nominee Judy Shelton faced deep skepticism from Republicans and Democrats on the Senate Banking Committee on Thursday, as lawmakers challenged her independence from President Donald Trump and characterized her thinking as too far outside the mainstream to trust with the nation's economy. Over the course of the...

  • NEW YORK, Feb 13- Oil prices edged higher on Thursday, as investors hoped the world's biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China. West Texas Intermediate was up 40 cents, or 0.8%, at $51.57 a barrel. U.S. gasoline futures jumped more than 1%, supported...

  • NEW YORK, Feb 13- Oil prices edged higher on Thursday as investors focused on the possibility of deeper supply cuts from the world's biggest producers, whilst largely shrugging off reports which cut demand forecasts after the coronavirus outbreak in China, the biggest oil importer. The energy complex was led higher by U.S. gasoline futures, which jumped more...

  • WASHINGTON, Feb 12- Republican lawmakers on Wednesday proposed legislation setting a goal for the United States to plant a trillion trees by 2050 to fight global warming, a plan intended to address climate change by sucking carbon out of the air instead of by cutting emissions. The proposed legislation reflects an acknowledgement by some in the Republican...

  • WASHINGTON, Feb 10- President Donald Trump's 2021 budget released on Monday proposed a sale of 15 million barrels of oil from the emergency petroleum reserve to help pay for projects overseen by the Department of Energy. Budget documents said a sale from the Strategic Petroleum Reserve, or SPR, which stores oil in a series of underground salt caverns on the...

  • "Now, EPA needs to enforce these rules." In an emailed statement, the EPA said that "it is important to note that benzene concentration levels monitored at the perimeter of a refinery do not reflect benzene levels in the community. EPA said it would not comment on ongoing or potential enforcement actions.

  • "Now, EPA needs to enforce these rules." EPA officials did not immediately respond to requests for comment. According to the report, benzene levels consistently exceeded the EPA standard of 9 micrograms per cubic meter of air at the fencelines of 10 of the more than 100 refineries examined by EIP.

  • NEW DELHI, Feb 3- India's top gas importer Petronet LNG will sign a deal to invest $2.5 billion in a U.S. liquefied natural gas export project with Tellurian Inc during President Donald Trump's visit to New Delhi later this month, two sources familiar with the matter said. Petronet will invest the money over a five-year period in Tellurian's proposed $27.5...

  • Jan 29- Chesapeake Energy Corp said on Wednesday it had cut debt by $900 million in the fourth quarter, easing some concerns that the natural gas producer might not be able to meet its loan covenants. That helped the company push down its principal debt to $8.9 billion at the end of 2019 from $9.7 billion at Sept. 30. Reuters reported last month that Chesapeake's...

  • *First case to be heard outside California. *St. Louis case scheduled to last several weeks. It is being held in St. Louis, where Monsanto was headquartered before Bayer bought the company in a $63 billion deal in 2018..

  • The lawsuit marks the first multi-plaintiff trial in the litigation over whether glyphosate, Roundup's active ingredient, is carcinogenic, and is the trial outside of California. It is being held in St. Louis, where the Monsanto unit was headquartered before Bayer bought the company in a $63 billion deal in 2018.. The case in Missouri's Circuit Court for the 22nd...

  • WASHINGTON, Jan 22- The contamination of U.S. drinking water with man-made "forever chemicals" is far worse than previously estimated with some of the highest levels found in Miami, Philadelphia and New Orleans, said a report on Wednesday by an environmental watchdog group. The findings https://www.ewg.org/research/national-pfas-testing by the...

  • LONDON, Jan 21- U.S. coal-fired power plants are facing the perfect storm, with a mild winter and slumping natural gas prices adding to their long-term problems with competitiveness and pushing more towards retirement. Natural gas futures prices for deliveries to Henry Hub in Louisiana in March 2020 have fallen to just $1.92 per million British thermal units,...

  • Jan 20- A vessel carrying about 1 million barrels of crude from Guyana set sail on Monday for the United States, according to vessel tracking service TankerTrackers.com, marking the tiny South American nation's long-awaited debut as a world oil exporter. The first cargo of Liza crude departed from the floating platform Liza Destiny off Guyana, operated by U.S....

  • LONDON/ HOUSTON, Jan 17- U.S. refiners are scooping up cheap high-sulfur fuel oil for processing from Russia and the Baltic states as they take advantage of new shipping rules that have cut demand for the dirtier marine fuel, according to oil traders and shipping data. This month, 2.2 million tonnes of fuel oil, largely from Russia and the Baltic states, will arrive in...

  • HOUSTON, Jan 14- A multi-billion dollar boom in petrochemical plants proposed along the U.S. Gulf Coast could pump as much greenhouse gas into the air as 131 coal-fired power plants by 2030, according to a study released on Tuesday by University of Texas researchers. The study calculated that facilities that have been put forward for projects in Texas and...

  • Jan 11- At least 10 people died, more than 1,000 flights were canceled and hundreds of thousands were without power in five states on Saturday as a massive winter storm system dumped snow, freezing rain and hail from Texas to Michigan. Hurricane-force wind gusts, golf-ball-sized hail and 2 to 5 inches of snow fell on Friday night and early Saturday as storms pushed...

  • Jan 11- At least nine people died, more than 1,000 flights were canceled and hundreds of thousands were without power in five states on Saturday as a massive winter storm system dumped snow, freezing rain and hail from Texas to Michigan. Hurricane-force wind gusts, golf-ball-sized hail and 2 to 5 inches of snow fell on Friday night and early Saturday as storms...

  • Jan 11- At least nine people died, more than 1,000 flights were canceled and hundreds of thousands were without power in seven states on Saturday as a massive winter storm system dumped snow, freezing rain and hail from Texas to Michigan. Hurricane-force wind gusts, golf-ball-sized hail and 2 to 5 inches of snow fell on Friday night and early Saturday as storms...