Second U.S. Gulf oil & gas lease sale generates $47 million
By Alton Wallace, Energy Industry Reporter. (The Center Square) – The second auction of oil and gas leases in the Gulf of America since President Donald Trump’s election in 2024 drew almost $47 million in high bids, with 98% of the activity in offshore areas deeper than 800 meters, according to sales results released by […]
Drone shipbuilder plans to hire 1,500 for its St. Mary Parish facility
By Greg LaRose, Louisiana Illuminator. Just months after it acquired a St. Mary Parish shipyard, a Texas company plans to increase the number of drone vessels it will build there and intends to hire 1,500 employees for the additional work, Louisiana Economic Development officials announced Wednesday. Austin-based Saronic Technologies will spend $300 million at its […]