Linde LLC, a wholly owned subsidiary of Linde North America, Inc., has broken ground for construction of a new industrial gases liquefier in La Porte, Texas. The plant will produce liquid oxygen, nitrogen and argon at the recently announced air separation unit (ASU) Linde is building at the site.
Tokyo Electric Power Co. has requested that safety inspections be carried out to allow for restarting two nuclear reactors, despite concerns over how it has handled the catastrophe at the Fukushima plant. All of Japan's 50 nuclear reactors are offline while regulators consider restarts under revised safety rules.
A former high-ranking official with the Environmental Protection Agency is pleading guilty to stealing nearly $900,000 from the agency over 13 years. Under the plea deal with prosecutors, he faces 30 to 37 months in prison and has agreed to pay restitution of $886,000 and to forfeit an additional $507,000.
A Russian court jailed a photographer and a Greenpeace activist who were part of the 30-member Greenpeace team protesting near an oil platform in the Arctic last week. The Coast Guard disrupted an attempt by Greenpeace activists on September 18 to scale the Russian Arctic platform.
Alcoa, Inc. is pushing back against claims by North Carolina officials in a years-long fight over control of the water and electricity coming from the state's second-largest river system. Alcoa said in court filings it should be given the water quality certification it needs for a new federal operating license for the next 50 years.
A tissue maker in Anderson, South Carolina is working on an expansion that is expected to add at least 200 jobs. First Quality Enterprises is clearing land at its plant for a third tissue-making machine. The company already employs about 500 people.
Financing for a $1.1 billion steel mill planned for northeast Arkansas expects to be wrapped up by the end of the year, but until then backers will be lining up customers and suppliers. The Big River Steel plant, which is projected to employ more than 500 people, recently was approved for an air quality permit.
The U.S. Department of Commerce has awarded an $857,000 grant to the George County Board of Supervisors to make roadway and water improvements to accommodate the construction of a wood pellet plant near Lucedale, Mississippi.
Surging waters in Colorado swept away barns, silos and fences and left houses covered in mud. The flood waters were so powerful they uprooted irrigation pipes and spread them around the fields, leaving lakes next to which cattle now graze. They also brought instant relief to drought-hardened areas, with the promise of moisture restored in deep soils and the possibility of reservoirs refilling to help farmers well into next year.
The state of Alaska wants ConocoPhillips to re-open its mothballed Kenai Peninsula liquefied natural gas plant as an incentive for petroleum companies to explore and invest in Cook Inlet. In a letter to the company, officials requested that the company apply for a three-year federal LNG export license for the plant at Nikiski.
Nucor Corp. says it expects to begin production within the next few weeks at a reduced iron plant that is the first of several phases in a planned $3.4 billion steel complex that will employ 1,250 people and produce millions of tons of steel each year.
The administrator of BP's settlement with Gulf Coast residents and businesses has asked a federal judge to reject BP's bid to slash his office's budget by at least $25.5 million. BP attorneys complained in a court filing last week that the agency's operating expense request is excessive and shouldn't be approved.
Judge Charles Nail on Monday announced he is allowing Northern Beef Packers' idled South Dakota beef packing plant to employ Lincoln International, an investment banking firm, to pursue a "stalking horse" bid for the bankrupt business.
Southern Co. would face limits on the profits it would make from building two nuclear reactors in Georgia under a plan from a Republican state lawmaker. As construction costs have mounted in Mississippi, Southern Co. shareholders have absorbed nearly $1 billion in pre-tax losses.
Callon Petroleum Company announced Tuesday that it has appointed Jerry Weant to the newly created position of Vice President of Land. Weant joins Callon from Pioneer Natural Resources where he was focused on Midland Basin operations.
A federal judge said Thursday he will rule promptly on whether natural gas royalty claims by southwest Virginia landowners will move forward as a series of class-action lawsuits. He says he was frustrated by how long the claims have been tied up in court.
BP has urged a federal judge to reject a $111 million budget request by the court-supervised administrator of the company's multibillion-dollar settlement with Gulf Coast businesses and residents following its 2010 Gulf oil spill.
A Dubai-based company plans to build a new factory in Buffalo that will employ about 170 workers producing steel pipes for the oil and natural gas industry. Local media outlets report that Alita USA Holdings plans to build its $102 million factory in South Buffalo.
We recently sat down with Woodbury University President Luis Calingo, member of the 2013 Board of Examiners for the Malcolm Baldrige National Quality Award. He offers perspective on goals every company in this sector should strive for and the irony of cost cuts that are often made to employee training programs.
The Wall Street Journal speaks with Andrew Liveris, CEO of Dow Chemical about his management strategy and view for the future. He also discusses how his optimism is key to his success and how he uses that optimism to set the tone for the rest of the company.
Executives of Chinese oil giant PetroChina Ltd. have been told to hand in their passports as an anti-corruption investigation of the industry spreads, a newspaper said Tuesday. Authorities say five current or former executives of state-owned PetroChina and its parent, China National Petroleum Corp. are suspected of "discipline violations."
A closer look at the factors contributing to slowing growth rates in Brazil, Russia, India and China offers insight on the next collection of emerging markets beyond the subset of countries known as BRIC, as well as the established economies picking up the pace.
Five more executives of Chinese oil companies are being questioned in a spreading anti-graft probe of the industry, a newspaper reported Monday. The investigation appears to be part of efforts by China's new leadership under President Xi Jinping to tighten control over state-owned energy companies.
Koch Industries Inc. is buying electronic components and cables maker Molex for approximately $6.86 billion. Koch — run by the billionaire brothers Charles and David — said Monday that it will pay $38.50 per Molex Inc. share. The companies put the deal's total value at about $7.2 billion.
Shell officials on Monday began talks in Nigeria's southern city of Port Harcourt with representatives from the Bodo community. The groups discussed compensation and cleanup five years after one of the worst oil spills in Nigeria's history.