In Louisiana, Governor Jeff Landry announced a $100 million bond allocation for the expansion project at Chevron’s Geismar Renewable Diesel Plant. This expansion project is expected to bring 90 new permanent jobs and 1,500 temporary jobs.
The improvement and expansion project was announced with Governor John Bel in 2020 and Chevron received approval for the bond issuance from the State Bond Commission in 2023; however the former Governor never gave them any bond allocation. Under Governor Jeff Landry, Chevron will now receive the $100 million bond allocation, mostly made up of carryover bonds.
Simultaneously, he also signed a Proclamation and an Executive Order on behalf of the oil and gas industry. The Proclamation states that Louisiana is open for business and our administration will work tirelessly to ensure the Oil and Gas Industry can thrive in the state. The Executive Order directs the Louisiana Department of Natural Resources and the Louisiana Department of Environmental Quality to promote the streamlining of permitting processes associated with the Oil and Gas Industry.
