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Marathon Petroleum Corp. said it is taking the next step toward a potential $2.2 billion to $2.5 billion upgrade to the company’s Garyville refinery and expects to make a final decision on the project by early 2015.
The St. John the Baptist Parish project would create 65 new direct jobs, with an average annual salary of $115,000 per year, plus benefits.
Ducks Unlimited (DU) announced today the winners of the 2014 Wetlands Conservation Achievement Awards during the 79th North American Wildlife and Natural Resources conference, held at the Denver Sheraton. This year's recipient of the Conservation/Private Entity award is Mr. Phil Precht, based in Houma, La.
"Phil is amid a long-term career in land management and wetlands conservation across the Louisiana Coast. As director of ConocoPhillips' Coastal Wetlands, he has made vital contributions to conservation partnerships, habitat protection, and restoration," DU Chief Conservation Officer Paul Schmidt said during the awards presentation. "His 35 years of dedication to wetland resources, collaboration and to the people who will carry on this dedication make him especially deserving of this award."
A number of retailers are looking to build stores in oil-and-gas towns in Louisiana, North Dakota and Texas, thanks to the boom or expected boom in drilling activity, according to an article in The Wall Street Journal.
Over the last few months, landowners and representatives of the oil and gas industry have worked hard to find an equitable solution that will finally curb the excesses and delays associated with legacy lawsuits.
On March 27, Gov. Bobby Jindal announced at a press conference that a compromise had been reached. I was proud to stand behind the governor, along with representatives of the oil and gas industry, landowners, business and industry and key legislators to showcase our full support.
Hundreds of millions of dollars are being invested in southern Mississippi to develop oil and gas production that, if successful, could cause a boom for the Coast and the rest of the state not unlike the one North Dakota is experiencing with its Bakken formation.