The Bristol, Virginia-based company posted a loss of $512.6 million, or $2.32 per share, compared with a loss of $185.7 million, or 84 cents per share, in the same quarter a year earlier.
The Enid News and Eagle reports the Koch Nitrogen plant expansion in Enid is expected to increase the company's ammonia production by more than 1 million tons each year.
Companies that provide hydraulic fracturing technologies and other services in the North Dakota oil patch and elsewhere aren't the only ones making money. People who invest in them are also having a good year.
Natural gas production in the Marcellus Region exceeded 15 billion cubic feet per day (Bcf/d) through July. The Marcellus Region, mostly located in West Virginia and Pennsylvania, is the largest producing shale gas basin in the United States, accounting for almost 40% of U.S. shale gas production. Marcellus Region production has increased dramatically over the past four years, increasing from 2 Bcf/d in 2010 to its current level.
Orders rose a seasonally adjusted 1.1 percent compared to the previous month, the Commerce Department reported Tuesday. Factory orders had fallen 0.6 percent in May after three straight months of gains.
Renewable Energy Group plans to spend $15 million in the next 12 months on the company's Geismar facility, which makes diesel from animal fat.
After more than two decades of "reshoring" or "off-shoring" manufacturing production to low-cost labor countries like China, U.S.-based companies are bringing their operations back home – resulting in the increasing need of skilled technical experts and coating professionals.
A new study by NERA Economic Consulting and commissioned by the National Association of Manufacturers (NAM) reveals that a more stringent ozone standard from the Obama Administration could reduce GDP by $270 billion per year and carry a compliance price tag of $2.2 trillion from 2017 to 2040, increasing energy costs and placing millions of jobs at risk.
Mississippi Power will convert from coal to natural gas or retire several units at plants in south Mississippi and Greene County, Alabama, as part of an agreement to end litigation over construction of a coal-fired power plant in Kemper County.
When Alpha partly laid blame on EPA regulation for layoff plans, it set off a chain reaction of political finger-pointing in West Virginia. Democratic Gov. Earl Ray Tomblin said the state's fears over EPA rules became reality. Several GOP congressional candidates heightened attacks against Democratic foes for being on the same side as Obama.
The nation's largest public utility has agreed to pay $27.8 million to settle claims from Tennessee property owners who suffered damages from a huge, 2008 spill of toxin-laden coal ash sludge that drew national attention to coal ash and its toxic contaminants.
The Minnesota Department of Natural Resources has ordered a southeastern Minnesota frack sand mine to stop operating.
ConocoPhillips reported net income that increased by 1.5 percent in its second quarter. The results beat analysts' expectations.
Sunoco Logistics has gotten a setback to its plans to pump propane and ethane in its 300-mile Mariner East pipeline across southern Pennsylvania.
Royal Dutch Shell PLC, Europe's largest oil company, says second quarter earnings rose on higher production and higher selling prices for oil, and fewer one-time charges.
Integrys Energy Services, sells electricity and natural gas to about 1.2 million customers in 22 states and Washington DC. Exelon said the business will become part of its Constellation unit, which has about 2.5 million customers.
A refining company will be able to continue operating three pipelines that transport crude oil from Canada after a judge granted access to the final land parcel whose easement had expired.
Valero Energy Corp. (VLO) reported earnings that climbed by 26 percent in its second quarter, and fell short of analysts' expectations.
Anadarko Petroleum Corp. (APC) on Tuesday reported net income that declined by 76 percent in its second quarter, and missed analysts' expectations.
While Oil and Gas activity in West Africa is nothing new, it is the activity in East Africa which is creating a stir amongst exploration companies and of course, their suppliers.
If you’re currently planning on implementing a Manufacturing Execution System (MES) or other applications in the Manufacturing Operations Management (MOM) space, you may think you have all the shop-floor areas and situations that still use manual, paper-based processes identified, but this may not necessarily be the case.
The U.S. has barred a shipment of Kurdish crude oil from reaching the Texas coast amid concerns independent oil sales from Kurdistan could further weaken Iraq's fragile central government as it struggles to contain a Sunni military offensive.
An attorney claims a state law that sets Oklahoma's tax on oil and gas production is unconstitutional. Jerry Fent told a state Supreme Court referee Tuesday the measure does not comply with constitutional guidelines for the passage of revenue bills.
Energy company BP warned Tuesday that further international sanctions on Russia could hurt its profits because of its stake in the country's oil giant, Rosneft.