State business development officials led discussions with environmental regulators and a Detroit-area steel plant seeking to release higher amounts of toxins, according to a newspaper report.
Zinc production has shut down at a western Pennsylvania site where Shell Oil Co. is considering building a high dollar petrochemical plant.
Economic activity in the manufacturing sector expanded in April for the 11th consecutive month, and the overall economy grew for the 59th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Chevron Corp. says its net income fell 27 percent in the first quarter because of lower global oil prices and decreased production of oil as a result of bad weather.
Flint Hills announced in February that it would close the facility because of the high costs of doing business in Alaska and its ongoing obligations from a chemical spill that has affected local water supplies.
U.S. manufacturing grew faster in April than in March as exports picked up and factories accelerated hiring.
Exxon Mobil said Thursday that its net income fell 4 percent in the fourth quarter as it produced less oil and natural gas and posted weaker refining results.
Outsourced contract maintenance is becoming an increasingly prevalent method for companies to maintain their assets. There are three approaches to maintenance management: In-house staffing, a hybrid of in-house and outsourcing, and complete outsourcing. How these may be applied and to what extent is driven by each company and their own unique needs.
Life Cycle Engineering (LCE), Inc., announced a partnership with OSIsoft to offer predictive analytics and intelligent asset management solutions for the oil and gas industry.
Royal Dutch Shell PLC says it will not be entering new investments in Russia anytime soon as tensions rise over the country's confrontation with Ukraine.
Energy provider Exelon is buying Pepco Holdings Inc. for $6.83 billion to create a large electric and gas utility in the Mid-Atlantic region.
A federal judge ruled Tuesday that a $357,000 payment in a damage claim from the 2010 BP oil spill must be repaid because the claim was fraudulent.
A lack of communication, combined with a short-sighted fixation on holding down factory capital expenditures, is incurring massive energy-inefficiency costs for manufacturers during the lifetimes of their production facilities.
Crude oil trains are not displacing grain shipments in the Dakotas and surrounding states, railroad officials assured North Dakota regulators Monday.
Energy company BP said Tuesday that it remains committed to its investment in the Russian oil firm Rosneft, despite U.S. sanctions targeting its president, Igor Sechin, and sharp drops in income from its stake.
Goodyear reported a $58 million loss for the first quarter largely due to Venezuelan currency charges. The loss was compounded by the extreme winter weather across the U.S. that hurt tire sales, the company said.
Consol Energy Inc. earned $116 million in the first quarter, helped in part by growth from its division that focuses on oil and gas exploration and production.
Chemicals mergers and acquisitions (M&A) activity in the first quarter of 2014 increased 21 percent over the same period last year, driving total deal value in the space to more than $12 billion.
Energy Transfer Partners LP is buying Susser Holdings Corp., an operator of convenience stores that sell gas, in a deal valued at about $1.8 billion.
It's no secret that American manufacturing has faced significant obstacles recently. In an industry known for low wages, subpar working conditions and quality control issues, none of which attract new workers — are those the real challenges facing manufacturing? Here are some of the biggest challenges in manufacturing right now, from a manufacturer’s perspective.
Economic development officials believe the southwestern South Dakota city of Rapid City is in a prime spot to lure more energy-related businesses — even though it's not in the heart of energy territory.
The countries in this northeastern corner of the European Union are among the most dependent on Russia to keep their homes warm and industries running. The three Baltic nations of Latvia, Estonia and Lithuania get all their gas from Russia and lack connections to the wider European pipeline system that would allow them to import from elsewhere.
U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil and most of the world's other major economies.
Over the last decade, many companies have been “making do” with what they had to in order to run their businesses. The stories of companies delaying capital investment and squeezing more years out of equipment have been told over and over again. Now is the time to decide which IT investments can both grow your business and improve your profitability. So, where to begin?
Arch Coal Inc. has written off as a loss its total $57.7 million investment in a planned coal-to-liquids plant in southern Wyoming but continues to maintain its equity interest in the project, according to a company spokeswoman and a recent report to federal regulators.