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Top News & Analysis Louisiana

  • LONDON, Nov 15- The Dugald River zinc mine in the Australian state of Queensland made its maiden shipment of concentrates earlier this month. They're even looking to revive the giant Century mine in Australia. Once operated by Dugald River's owner MMG, Century's closure in 2015 was a symbolic milestone on the road to global market deficit.

  • *Risks that Trump might terminate Iran nuclear deal. PARIS, Nov 14- French oil and gas major Total would have to review its Iran gas project if the United States decided to impose unilateral sanctions on Tehran, given the company's assets in the U.S. market, its chief executive told CNN. President Donald Trump refused to formally certify that Iran was complying with...

  • ZURICH, Nov 10- Novartis's bid to move in on Bayer's and Regeneron's eye-drug turf was buoyed on Friday by data showing patients on the Swiss drugmaker's new RTH258 drug showed less disease activity than those on its rivals' drug Eylea. The Basel- based drugmaker hopes this latest analysis lends RTH258 additional muscle when matched head-to-head with Eylea as...

  • *New 2 billion euro share buy-back program. FRANKFURT, Nov 10- Allianz has slightly downgraded its profit outlook for the full year after increased claims from natural disasters in North America, the German insurance giant's finance chief said. Hurricanes Harvey, Irma and Maria, two earthquakes in Mexico, and fires in California have prompted the insurer to...

  • BEIJING, Nov 9- Delfin Midstream, developing the first floating facility to export U.S. natural gas, has sealed a preliminary 15- year sales deal with city gas distributor China Gas Holdings, Delfin founder and Chief Executive Officer Frederick Jones said. But industry veteran Jones told Reuters in an interview that Delfin is also tapping unnamed Chinese banks...

  • FRANKFURT, Nov 9- Insured losses from three big hurricanes in North America this year have cost the industry around $100 billion, German reinsurance giant Munich Re said on Thursday. Damages from storms Harvey, Irma and Maria of that magnitude would exceed by far industry-wide losses of about $74 billion caused by Hurricane Katrina, which hit New Orleans in...

  • BEIJING, Nov 9- Delfin Midstream, developing the first floating facility to export U.S. natural gas, has sealed a preliminary 15- year sales deal with city gas distributor China Gas Holdings, Delfin founder and Chief Executive Officer Frederick Jones said. Industry veteran Jones, a pioneer of spot crude oil trade in the 1970 s, told Reuters in an interview that as...

  • CHICAGO, Nov 8- An Arkansas regulatory body voted on Wednesday to bar the use of a weed killer critical to Monsanto Co's seed sales for a second consecutive summer, ratcheting up a standoff after the company sued the state to prevent restrictions on the product. "These new tools need to be available as choices for these growers," Scott Partridge, Monsanto's vice...

  • The U.S. Coast Guard said that the platform, along with associated production, was stopped after a fire. It added that the fire had been reduced to a small flame from a pipeline on the platform, located about 112 nautical miles south of Vermilion Bay, Louisiana. Two people were injured and the crew of 46 were evacuated to a nearby platform, the Coast Guard said, adding...

  • Nov 8- Royal Dutch Shell Plc's Enchilada oil platform in the Gulf of Mexico has been shut and all associated production has been stopped after a fire on Wednesday, the U.S. Coast Guard said. The Coast Guard said the fire has been reduced to a small flame from a pipe on the platform, located about 112 nautical miles south of Vermilion Bay, Louisiana.

  • The SmarterSafer coalition sent a letter to members of the U.S. House urging passage of the compromise legislation that would extend to 2022 the federal program that has been heavily utilized after vast flooding from hurricanes Harvey and Irma. Two prominent Republican members of the U.S. House announced last week they had struck a deal that would extend the...

  • WASHINGTON, Nov 7- The federally appointed oversight board that manages Puerto Rico's finances asked Congress on Tuesday for backing in its fight with the island's governor over who should take charge of limping efforts to restore electric power after Hurricane Maria. The board suggested that Congress make billions in federal aid expected to flow to Puerto...

  • Nov 6- Kentucky accused units of Endo International Plc on Monday of contributing to drug overdoses and an opioid epidemic by deceptively marketing its painkiller Opana ER, the latest lawsuit by state or local governments against the drugmaker. Kentucky Attorney General Steve Beshear said the lawsuit would seek to hold Endo responsible for illegally...

  • Nov 6- Kentucky accused units of Endo International Plc on Monday of contributing to drug overdoses by deceptively marketing its painkiller Opana ER, in the latest lawsuit by state or local governments against the drugmaker amid an opioid epidemic. Kentucky Attorney General Steve Beshear said the lawsuit would seek to hold Endo responsible for illegally...

  • LONDON, Nov 6- While the world braces for the electric-vehicle revolution, Royal Dutch Shell is betting on growing appetite for asphalt and plastics to sustain its century-old oil refining business for the coming decades. "Refining will continue to be part of our portfolio for decades to come," said Shell's head of manufacturing Lori Ryerkerk, who is in charge of...

  • WASHINGTON, Nov 3- Two senior U.S. House of Representatives Republicans said on Friday they have agreed on terms for the reauthorization of the deeply indebted National Flood Insurance Program. House Majority Whip Steve Scalise of Louisiana and House Financial Services Committee Chairman Jeb Hensarling of Texas said in a statement: "The bill we support will...

  • HOUSTON, Nov 2- Royal Dutch Shell Plc has shelved a plan to permanently close the gasoline-producing unit at its 227,586- barrel-per-day Convent, Louisiana, oil refinery in early 2018, the company said on Thursday. Shell had planned to permanently decommission the FCCU in early 2018 as part of a plan to integrate the Convent plant with the company's 225,800-...

  • HOUSTON, Nov 2- Royal Dutch Shell Plc has canceled a plan to permanently close the gasoline-producing unit at its 227,586 barrel-per-day Convent, Louisiana, oil refinery, two sources familiar with plant operations said on Thursday. Shell had planned to permanently decommission the FCCU in early 2018 as part of a plan to integrate the Convent plant with the...

  • DETROIT, Oct 31- When U.S. authorities arrested Arthur Rathburn last year, they hailed their investigation as a milestone in efforts to police a growing industry: brokers who acquire bodies donated to science, dissect them and sell or lease the parts for profit. In the mid-2000s, for example, New York state health inspectors twice reprimanded him for failure to...

  • NEW YORK/ HOUSTON, Oct 30- Tankers carrying record levels of crude are leaving in droves from Texas and Louisiana ports, and more growth in the fledgling U.S. oil export market may before long test the limits of infrastructure like pipelines, dock space and ship traffic. Most terminal operators and companies will not disclose capacity, and federal agencies like...