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Tag Archives: New Orleans

New Orleans developer plans luxury Gulfport apartments

GULFPORT, Miss.  — A New Orleans developer is sold on Gulfport as a great place to invest, so much so that he is looking to add to his building inventory. The Sun Herald reports Friday (http://bit.ly/1Lo6wFW) Vincent Marcello has already bought the old Cadillac Building in downtown Gulfport. The newspaper reports Marcello plans luxury apartments on its third and fourth ...

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Republicans oppose new safety rules on offshore drilling

NEW ORLEANS — Republican lawmakers on Tuesday criticized an Obama administration move to toughen standards for offshore drilling, saying the new rules would be costly for drillers and threaten to shut down oil and gas exploration off the nation’s coasts. The Interior Department is preparing to issue standards to close what it says are gaps in blowout preventer rules. A ...

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Appeals court upholds class action status in oil spill suit

NEW ORLEANS — A federal appeals court says litigation alleging that BP misled investors about the rate of oil flowing after an offshore oil rig explosion in 2010 can proceed as a class action lawsuit. Tuesday’s 5th U.S. Circuit Court of Appeals ruling means that the lawsuit, led by pension funds in New York and Ohio, can continue on behalf ...

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Settlement reached in lawsuit over decade-old Gulf oil leak

NEW ORLEANS — Environmental groups and a New Orleans energy company have reached a settlement agreement in a lawsuit stemming from the company’s failed efforts to stop a decade-old, slow-motion oil spill in the Gulf of Mexico. A federal court filing Thursday stated that an agreement had been reached between Taylor Energy Company and the environmental groups. Taylor said in ...

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Katrina and the next crisis

The following editorial appeared in the Chicago Tribune on Monday, Aug. 24: ___ On Aug. 29, 2005, Hurricane Katrina made landfall over southern Louisiana, causing unprecedented destruction along the Gulf Coast and in New Orleans. Ten years later, what can we say we learned? The Gulf Coast survived. New Orleans survived. Yet the scars run deep _ not only for ...

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Obama to visit New Orleans for 10th anniversary of hurricane

EDGARTOWN, Mass.  — President Barack Obama will mark next week’s 10th anniversary of Hurricane Katrina by visiting New Orleans, which bore the brunt of the storm’s devastating blow and has yet to fully recover from the loss of life and property left behind in its wake. The White House announced Wednesday that Obama will meet Aug. 27 with New Orleans ...

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Operator facing federal charges for deadly platform blast

NEW ORLEANS — Oil platform operator Black Elk Energy is facing federal criminal charges in connection with a November 2012 explosion off Louisiana’s coast that left three workers dead and others badly injured. Multiple media outlets report that U.S. Attorney Kenneth Allen Polite Jr. of the Eastern District in Louisiana filed a six-count criminal complaint against Houston-based Black Elk Energy ...

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Oil lease sale Wednesday for tracts off of Texas

NEW ORLEANS — The federal government on Wednesday will offer 21.9 million acres off the Texas coast to oil and gas developers, though low oil prices are likely to limit interest. The last two comparable lease sales in the western Gulf of Mexico brought $109.1 million last year and $100.1 million in 2012. A March 18 sale in the far ...

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Shrimpers decry low prices, damage caused by shrimp imports

NEW ORLEANS — Dozens of Louisiana shrimpers — ranging from Vietnamese-Americans to Cajun fishermen — rallied Wednesday in downtown New Orleans to bewail low prices, farm-raised shrimp imports and other woes in their industry. Shrimpers spoke out at a meeting of the Gulf of Mexico Fishery Management Council, a body of industry and government representatives that regulates fishing in the ...

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AP Interview: New Orleans mayor praises post-Katrina change

NEW ORLEANS  — New Orleans is approaching the 10th anniversary of Hurricane Katrina, a mammoth storm that caused the levees protecting the city to break and submerge vast swaths of the Crescent City. In the run-up to the anniversary, The Associated Press sat down with New Orleans Mayor Mitch Landrieu, elected in 2010 and re-elected in 2014, to discuss the ...

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