Exxon says the energy renaissance in the U.S. has staying power and predicts that North America will become a net exporter of oil and gas by the middle of the next decade.

A massive downsizing of University Medical Center will be avoided thanks to a public-private partnership announced Monday afternoon between LSU and Lafayette General Medical Center.

Amid conflict of interest charges, Chip Groat, the lead author of a report that found no link between hydraulic fracturing and water contamination retires from the University of Texas.
Months of speculation about talks between Van Eaton & Romero and Latter & Blum will come to an end at a press conference Wednesday morning. And while no one is releasing details at this point, the deal does NOT involve a sale of the locally based company, according to one of VER’s top execs.

The biggest impact in Louisiana was felt in Alexandria, where 200 people lost their jobs at Cotton Brothers/Holsum Bakery. Hostess' liquidation caused the layoffs of more than 18,000 workers nationwide, leaving employees without severance pay or pay for accrued vacation days.

The Lafayette-based ambulance company said its acquisition of StarPlus EMS in McKinney, Texas, took effect on Saturday, adding 50 full-time employees, eight ambulances and three wheelchair vans.

Exporting natural gas would benefit the U.S. economy even if it led to higher domestic prices for the fuel, according to a study commissioned by the Energy Department.

Broussard native John Ducrest will have to prove that the regulatory agency he heads did not turn "a blind eye to the Stanford scheme," as the class action suit alleges.

A public forum Thursday will address the future of powering Lafayette, which will require a new plan going forward, says one of the event's organizers, who points to the fact that 60 percent of the area's electricity comes from an aging coal-fired plant.

Mining company Freeport-McMoRan is buying a pair of oil and gas producers for $9 billion, creating a natural resources conglomerate with assets ranging from oil rigs in the Gulf of Mexico to mines in Indonesia.


Local chamber will fight efforts to repeal the state’s suspension of severance taxes on production from horizontal and deep wells.
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