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Dow Chemical Adjusted Profit & Revenue Rise

July 23, 2014 9:59 am | by Associated Press | News | Comments

Dow Chemical's second-quarter net income slid 62 percent as the prior-year period benefited from a $2.16 billion payment related to a scrapped joint venture.                             

The EPA's Twitter Faux Pas

July 22, 2014 4:58 pm | by DINA CAPPIELLO, Associated Press | News | Comments

The Environmental Protection Agency's fight to clean up water pollution got a splash of pop culture, thanks to an Internet flub involving reality TV star Kim Kardashian.                                        

Exxon Mobil Corporation (NYSE:XOM) expects to start production at a record 10 major projects in 2014, adding new capacity of approximately 300,000 net oil equivalent barrels per day and contributing to profitable production growth

Exxon Mobil Will Follow Anti-Bias Rules

July 22, 2014 4:46 pm | by Associated Press | News | Comments

Exxon Mobil Corp. says it will comply with new protections for gay and transgender employees required of federal contractors, but isn't saying whether it will formalize that wording in its corporate policies.                    

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Energy Intelligence Report

July 22, 2014 4:40 pm | by IMPO Magazine | Digital Editions | Comments

This issue of IMPO focuses on improving energy efficiency in your facility, takes you inside KitchenAid's stand mixer factory and discusses the best uses for mobility in a manufacturing setting.

Arch Coal Idles Kentucky Mine

July 22, 2014 10:10 am | by Associated Press | News | Comments

Arch Coal says it is idling the Cumberland River Coal Company complex in Wise County, Virginia, and Letcher County, Kentucky.                                     

Natural Gas Falls To 8-Month Low

July 22, 2014 10:08 am | by Associated Press | News | Comments

Natural gas fell to its lowest level in eight months Monday following forecasts that nationwide summer temperatures are expected to be milder than normal.                             

DuPont 2Q Profit Climbs 3.9%

July 22, 2014 10:07 am | by Associated Press | News | Comments

DuPont said profit increased to $1.07 billion, or $1.15 per share, from $1.03 billion, or $1.11 per share, in the same quarter a year earlier.                                            

Canadian Firm Buys PBS Coals Inc.

July 22, 2014 10:05 am | by Nikita Ernst, Associate Editor | News | Comments

A Canadian company is buying PBS Coals Inc. and plans to merge it with another subsidiary the Canadian company already has in southwestern Pennsylvania.                          

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Is ‘Low-Cost’ Manufacturing Headed To The U.S. Next?

July 22, 2014 1:00 am | by Joel Hans, Managing Editor, Manufacturing.net | Blogs | Comments

The U.S. is now considered the prime location for low-cost manufacturing, with Mexico a close second and China falling behind. It’s a far cry from the trends over the last few decades and because it’s a rather extraordinary claim, it deserves a little more examination.

WIPP Operator Received Large Bonus After Accident

July 21, 2014 10:50 am | by Associated Press | News | Comments

The contractor that operates the federal government's underground nuclear waste dump in southeastern New Mexico received a $1.9 million bonus just five days after an underground truck fire closed the facility.              

Halliburton Q2 Profits Rise, Boost Buyback

July 21, 2014 10:34 am | by Associated Press | News | Comments

Halliburton Co. (HAL) said Monday that its second-quarter earnings rose 20 percent, and it raised its share buyback authorization to $6 billion.                                

Diamondback Energy Buys Oil & Gas Assets For $538M

July 21, 2014 10:20 am | by Associated Press | News | Comments

The acquisition, which is expected to close in September, will give Diamondback an additional 13,136 net acres in the Midland Basin, bringing its total to 85,000 net acres.                                   

Chinese Chemical Company Comes To Louisiana

July 18, 2014 10:14 am | by Associated Press | News | Comments

A China-based company is opening a methanol manufacturing facility on the Mississippi River in St. James Parish that's expected to create 350 to 400 permanent jobs.                        

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3M Buys Subsidiary Stake For $885M

July 16, 2014 10:51 am | by Associated Press | News | Comments

3M will take full control of its Sumitomo subsidiary by acquiring the 25 percent of the company that it doesn't already own for $885 million.                                 

Officials Suspicious Of Connection Between Gas Project & Oil Referendum

July 16, 2014 10:48 am | by BECKY BOHRER, Associated Press | News | Comments

The decision Alaska voters make on an oil-tax referendum next month could have implications for a proposed liquefied natural gas project, the senior project manager said Tuesday, a point deemed a scare tactic by one state lawmaker.  

Factory Output Rises For 5th Straight Month

July 16, 2014 10:37 am | by CHRISTOPHER S. RUGABER, AP Economics Writer | News | Comments

U.S. factory output increased for the fifth straight month in June as manufacturers cranked out more aircraft, chemicals and furniture.                               

Gold Mine Expands Onto Federal Land

July 16, 2014 10:34 am | by Associated Press | News | Comments

Fairbanks Gold Mining Inc., which is owned by Kinross, has submitted the request to the U.S. Bureau of Land Management to expand the open-pit gold mine onto federal land.                     

Camden Plant Could Create 3,000 Jobs

July 15, 2014 10:07 am | by GEOFF MULVIHILL, Associated Press | News | Comments

A company that makes components for power plants that it eventually expects to bring 3,000 jobs to the facility it plans to build in Camden, one of the nation's poorest cities.                               

Tennessee County Will Reapply For Pipeline Permit

July 15, 2014 10:05 am | by Associated Press | News | Comments

An eastern Tennessee county is considering asking the state again for permits that would allow US Nitrogen to build miles-long pipelines to and from the Nolichucky River.                                   

Albemarle Buys Rockwood In $6.2B Deal

July 15, 2014 9:53 am | by Associated Press | News | Comments

Specialty chemicals company Albemarle is buying counterpart Rockwood Holdings Inc. in a cash-and-stock deal valued at about $6.2 billion.                             

Authorities are investigating the discovery of a body at a southwestern Indiana aluminum plant.

Alcoa Signs $1.1B Deal To Make Jet Engine Parts

July 15, 2014 9:50 am | by Associated Press | News | Comments

Alcoa signed a $1.1 billion deal to make jet engine parts for a unit of United Technologies Corp.                                           

North Dakota Approves Pipeline To Diesel Refinery

July 15, 2014 9:45 am | by Associated Press | News | Comments

North Dakota regulators have approved a $7.9 million pipeline that will supply crude for a diesel refinery under construction near Dickinson.                                               

Global Energy, Mining & Utilities Trend Report

July 14, 2014 4:35 pm | by Mergermarket | News | Comments

Q2 2014's global M&A targetting the Energy, Mining & Utilities (EMU) sector recovered from a subdued Q1. Deal value increased 68.8% to US$ 143.8bn with 400 deals, up from 345 deals at US$ 85.2bn Q1 2014 and marking the hitest valued quarter in over a year (Q4 2012 valued at US$ 190.4bn).

ConAgra Buys Chinese Potato Processor For $93M

July 14, 2014 10:05 am | by Associated Press | News | Comments

ConAgra Foods Inc., the company behind Chef Boyardee canned pasta, said that it bought a Chinese potato processor for $93 million to help it sell more frozen potato products in Asia.                    

Whiting Petroleum Purchases Kodiak Oil & Gas For $6B

July 14, 2014 9:58 am | by Associated Press | News | Comments

Whiting Petroleum Corp. said Sunday it is buying Kodiak Oil & Gas Corp. for $6 billion in stock, worth $13.90 per share, in a deal that will make it the largest producer in the booming Bakken region of North Dakota and Montana.          

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