O���S��Tz*. ��65�ù듼pm�̟W�os��$����.��4$U��_��u���a���?�6L]v��G�n��.��]��k׆S�V���Kp�r�i����|�g�=��>W,�9e�� ױn�T��TY��]�?�$�������Լ�SRx8��_�\��,�y~%�F.y���2'���\��S"�T���l�g�3xE^�7�Mda� _�/�:����ē=�uu�uu�uu�uu�ue��B~o�[0g"��p&���9���|e�"G��K�R���Eы�E/�^�{1�b��Ћ���`t08F��q���}>+�Y�����e�|k�Z��s_;�ܦ)�˲�˞`C�>|m�8�.��7�+� ^�� endstream endobj 40 0 obj <> endobj 41 0 obj <>stream âLouisiana is well positioned to have a robust low-carbon energy economy in the future,â said Gregory Upton, a research professor at LSUâs Center for Energy Studies. As Convent’s 700 workers found out they were out of a job, their counterparts on the other side of Pacific were firing up a new unit at Rongsheng Petrochemical’s giant Zhejiang complex in northeast China. Reviews (225) 562-7681 Website. The refinery in Convent can process 240,000 barrels of crude oil per day. Diesel Fuel and Heating Oil: Known as #2 Oil. Shell Begins Permanent Shutdown of Convent, Louisiana, Refinery More FILE PHOTO: A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. 0000003426 00000 n 0000066968 00000 n You have permission to edit this article. In May 2017, Shell assumed full ownership. 0000030343 00000 n 550 (refinery + chemicals) Site size in acres: 1400 (refinery + chemicals) Principal activities: Pernis is a joint oil refinery/chemicals manufacturing site. On November 5, oil giant Shell announced that it will be shutting down the Convent Refinery in Saint James Parish, Louisiana, after failing to … But Congress has created a tax credit to make it more economical, and further carbon-reduction requirements could make it more attractive. The federal government hasnât done enough to encourage a conversion to green energy in states such as Louisiana, but that is likely to change, said Daniel Kammen, a professor of energy and director of the Renewable and Appropriate Energy Laboratory at the University of California at Berkeley. Both companies have pledged to cut their emissions to zero by 2050. Natural gas production in Louisiana has dropped too, although far less dramatically, going from 9 billion cubic feet per day in 1977 to 8.6 billion cubic feet per day in 2019, according to the agency. Purchases made via links on our site may earn us an affiliate commission, About 1,100 workers at the Convent oil refinery, a combination of company and contract workers ranging from plant operators to maintenance cre…. When Shell announced it would close its big oil refinery in Convent, the energy company said the 1,100-employee complex didnât fit into its plans for a low-carbon future. trailer <]/Prev 865392>> startxref 0 %%EOF 103 0 obj <>stream 0000030480 00000 n �1x-� ��e`e�^� ���A���A5�!���e7��V��5&4��1�1p�ua`lR���Ƹ��A�o�CW�����f�5����@� ��W endstream endobj 13 0 obj <>>> endobj 14 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC/ImageI]/Properties<>/Shading<>/XObject<>>>/Rotate 0/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 15 0 obj <> endobj 16 0 obj <> endobj 17 0 obj <> endobj 18 0 obj <> endobj 19 0 obj <> endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj [/ICCBased 76 0 R] endobj 23 0 obj [/ICCBased 63 0 R] endobj 24 0 obj [/Indexed 23 0 R 51 66 0 R] endobj 25 0 obj [/Indexed 23 0 R 20 67 0 R] endobj 26 0 obj [/Indexed 23 0 R 11 70 0 R] endobj 27 0 obj [/Indexed 23 0 R 13 71 0 R] endobj 28 0 obj [/Indexed 23 0 R 13 73 0 R] endobj 29 0 obj <> endobj 30 0 obj <> endobj 31 0 obj <> endobj 32 0 obj <> endobj 33 0 obj <> endobj 34 0 obj <> endobj 35 0 obj <> endobj 36 0 obj <> endobj 37 0 obj <> endobj 38 0 obj <> endobj 39 0 obj <>stream Author: Al Greenwood. 0000585352 00000 n John Bel Edwards is taking steps for the state to begin developing offshore wind farms. 0000005419 00000 n 0000004514 00000 n 0000576181 00000 n 0000590532 00000 n H�\��j�@E���^&��WuU��� x1�3 KmGKB����20�GH}�T�J��ݾ�f�����fw��v 0000587981 00000 n Order Online Tickets Tickets See Availability Directions {{::location.tagLine.value.text}} Sponsored Topics. 0000077096 00000 n 0000007343 00000 n Menu & Reservations Make Reservations . Called Diamond Green Diesel, Valeroâs joint venture with Darling Ingredients is projected to expand its capacity from 275 million gallons of renewable diesel annually to 675 million gallons by next year. The number of workers in the oil and gas industry has dropped from 76,000 in 2006 to about 64,000 today, said Upton, the LSU professor. 3 former Louisiana senators offer memories. A Lake Charles-based company, Gulf Coast Sequestration, is seeking federal government approval to store as much as 80 million tons of carbon gas some 10,000 feet underground in Louisiana. He said European-based energy companies such as Shell and BP are moving more aggressively toward a clean energy future than are U.S. companies. In the Oct. 22 debate with Trump, Biden said he wanted to âtransition away from the oil and gas industryâ as part of his plan to tackle climate change by promoting renewable energy. In 1964, oil and gas taxes financed 56% of state government's general fund. The greener future also would likely include carbon-capture sequestration, a process by which an industrial site takes carbon dioxide from the production process and injects it deep underground rather than releasing it into the atmosphere. 0000585856 00000 n 0000065224 00000 n The next round of layoffs is scheduled for March 31, the sources said. 0000582692 00000 n ExxonMobil, the U.S. company that operates a giant refinery in Baton Rouge, has not announced any major moves so far in Louisiana. Some energy companies are moving forward with green plans in Louisiana. 0000030809 00000 n 0000576076 00000 n Jim Mitchell, a top St. James Parish public school official, says Shell Oil Co.'s decision this week to close its Convent refinery is akin to an uppercut to the head Indeed, few analysts expect any dramatic short-term changes to the energy sector to result from the recent election. State lawmakers have been less enthusiastic than many of their peers about trying to promote green energy alternatives. 0000005514 00000 n 0000006541 00000 n Other questions:subscriberservices@theadvocate.com. 0000005804 00000 n The oil industryâs importance to the operations of state government has diminished in part because of the sectorâs decline, but also because lawmakers have raised sales and other taxes and are taxing other activities such as gambling. 0000639572 00000 n 0000016818 00000 n 0000005584 00000 n After the debate, Biden sought to clarify his remarks, saying he expects fossil fuels will remain a part of the countryâs energy mix until 2050. 0000582609 00000 n 0000006892 00000 n 0000582540 00000 n 0000592806 00000 n 0000574078 00000 n The task force is supposed to produce an interim report in January. Houston-based Grön Fuels announced plans last week to spend $1.2 billion by 2024 to build a renewable diesel fuel plant at the Port of Greater Baton Rouge. âPeople in the oil industry like to talk about it as a panacea, but carbon capture and sequestration is a small and untested technology,â Keefe said. There was a problem saving your notification. He added that what he wants to eliminate in the short term are fossil-fuel subsidies. 0000046498 00000 n Heating oil is used as fuel for furnaces In 1998, a joint venture was formed between Texaco, Saudi Refining and Shell Oil Company under the name Motiva. 0000007898 00000 n The plant is located on 4,400 acres on parts of Ascension and St. James parishes. Itâs also because oil production in Louisiana has steadily declined, from 772,000 barrels per day in 1977 to 129,000 barrels per day in 2019, according to the state Department of Natural Resources. 0000008618 00000 n 0000574473 00000 n âWe know the risks of climate change are real, and we also know the natural gas and oil industry will play an integral role in rebuilding our economy,â Gray said. 0000046101 00000 n 0000588711 00000 n 0000575664 00000 n To combat climate change, Democrat seeks to ban 'new oil and gas permitting on public lands and waters'. 12 0 obj <> endobj xref 12 92 0000000016 00000 n âOur expansion into low-carbon renewable fuels,â in Louisiana and elsewhere, âis underpinned by high economic returns,â said Lillian Riojas, a Valero spokesperson. Those disparate announcements -- which came amid dire warnings from Louisiana Republicans, led by U.S. Sen. Bill Cassidy, about the dangers of Bidenâs energy policies -- seemed to cast a pall over the future of the stateâs energy-centric economy. Shell expects the layoffs to begin March 1, with all of them completed by Aug. 31, it said in the letter.
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