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United Rentals Acquiring National Pump

March 10, 2014 10:30 am | by Associated Press | News | Comments

United Rentals says it's buying National Pump, the second-largest pump rental company in North America, for $780 million.                                          

Mohawk Industries Building New Plant In TN

March 7, 2014 11:04 am | by Associated Press | News | Comments

Mohawk Industries says it will build a $180 million tile plant in Dickson County, creating 320 new jobs over the next four years.                                    

Chevron Pizza Scandal Blown Out Of Proportion

March 7, 2014 10:52 am | by KEVIN BEGOS, Associated Press | News | Comments

Critics were raging after an energy giant offered pizza coupons to a community near a natural gas well that exploded last month, killing a worker, but the 750 or so residents of Bobtown were not.

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Oil Rises Amid Hopes Of Hiring Gains

March 7, 2014 10:34 am | by PABLO GORONDI, Associated Press | News | Comments

The price of oil crept up to near $102 a barrel Friday as expectations rose for a solid increase in U.S. employment.                                        

E85 Fueling Station Availability Increasing

March 7, 2014 9:59 am | by U.S. Energy Information Administration | News | Comments

The number of retail fueling stations offering motor fuel that can be up to 85% ethanol, known as E85, has grown rapidly since 2007.                                            

2 Convicted Of Selling DuPont Trade Secret

March 6, 2014 3:14 pm | by PAUL ELIAS, Associated Press | News | Comments

The two men were convicted in San Francisco of stealing Delaware-based DuPont Co.'s method for making titanium dioxide, a chemical that fetches $17 billion a year in sales worldwide.                     

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 Cuts Spending, Expects Production Rise

March 6, 2014 10:48 am | by Associated Press | News | Comments

The nation's biggest oil company said that it will spend $39.8 billion on energy projects and other costs this year, down from $42.5 billion last year.                         

Factory Orders Down In January

March 6, 2014 10:31 am | by MARTIN CRUTSINGER, AP Economics Writer | News | Comments

Orders to U.S. factories fell in January for a second straight month but a key category that signals business investment plans rebounded. That could be an indication that businesses are becoming more confident.             

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NE Landowners Win Gas Lawsuit

March 6, 2014 7:15 am | by ROXANA HEGEMAN, Associated Press | News | Comments

A federal judge handed a key legal victory Wednesday to landowners battling a Nebraska gas firm in a lawsuit over the condemnation of more than 9,100 acres spanning three counties in south-central Kansas.

Ameren Sued Over Coal Plants

March 6, 2014 7:15 am | by ALAN SCHER ZAGIER, Associated Press | News | Comments

A national environmental group has made good on its promise to sue a St. Louis-based utility over what it calls thousands of violations of federal clean air laws.                              

North Carolina's environmental agency sought late Monday to delay its own settlement with Duke Energy a week after a busted pipe at one of the company's coal ash dumps spewed enough toxic sludge into the Dan River to fill 73 Olympic-sized pools.

Appeals Court Upholds Duke-Progress Deal

March 5, 2014 11:05 am | by GARY D. ROBERTSON, Associated Press | News | Comments

A North Carolina appeals court upheld Tuesday the state's regulatory approval of the deal that made Duke Energy Corp. the country's largest electric company when it purchased Progress Energy.                 

Previous Refinery Owner Liable For Contamination

March 5, 2014 11:02 am | by Associated Press | News | Comments

A new buyer of the North Pole refinery will be not be held responsible for groundwater contamination that leaked from the plant, but that won't be the case for the current owner, according to Alaska Gov. Sean Parnell.

American Equipment Exports Declining

March 5, 2014 10:51 am | by Association of Equipment Manufacturers | News | Comments

Exports of U.S.-made construction equipment dropped 25 percent in 2013 compared to the previous year for a total $20 billion shipped to global markets.                               

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Monthly Energy Review

March 5, 2014 10:41 am | by U.S. Energy Information Administration | News | Comments

The MER provides monthly and annual data on total energy production, consumption, and trade; energy prices; overviews of petroleum, natural gas, coal, electricity, nuclear energy, renewable energy, and international petroleum; carbon dioxide emissions; and data unit conversions.

Layoffs At CA Gold Mine

March 5, 2014 10:15 am | by Associated Press | News | Comments

An attempt to unearth new riches from some of the Gold Rush era's most productive mines has stalled, with the owners announcing Tuesday that they must spend more than $1 million before work can resume.                 

ND Supports New Pipeline Through MN & WI

March 5, 2014 10:12 am | by Associated Press | News | Comments

The North Dakota Industrial Commission has sent a letter to federal regulators in support of a proposed $2.6 billion pipeline that would move North Dakota oil to Minnesota and Wisconsin.                

Open Source As An Engine For The Internet Of Things

March 5, 2014 1:00 am | by Jeff Evans, Director of the Information and Communications Laboratory at the Georgia Tech Research Institute and Alain Louchez, Managing Director of the Center for the Development and Application of Internet of Things Technologies at Georgia Tech | Articles | Comments

The International Telecommunication Union (ITU) recently organized an international workshop centered on Internet of Things (IoT) standards at its headquarters in Geneva, Switzerland.

Extreme Weather Impacts Supply Chain

March 4, 2014 3:30 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | Comments

Economic activity in the manufacturing sector expanded in February for the ninth consecutive month, and the overall economy grew for the 57th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

BP plans to create a separate, more competitive business to manage its onshore oil and gas assets, including its shale operations, in the 48 contiguous U.S. states.

New BP Business For Onshore Assets

March 4, 2014 10:58 am | by Associated Press | News | Comments

BP plans to create a separate, more competitive business to manage its onshore oil and gas assets, including its shale operations, in the 48 contiguous U.S. states.                          

Tesoro CA Restarts After Incident

March 3, 2014 11:09 am | by Associated Press | News | Comments

State officials say a Northern California refinery can restart a unit that was shut down after a chemical release that seriously injured two workers.                                  

Conflict In Ukraine Spikes Oil Prices

March 3, 2014 11:05 am | by PABLO GORONDI, Associated Press | News | Comments

Oil prices jumped nearly two dollars a barrel Monday as Russia's military advance into Ukraine raised fears of economic sanctions against one of the world's major energy producers.                       

Valero Energy CEO Bill Kleese is stepping down from his post on May 1. The 67-year-old Kleese will remain with the refiner as chairman.

Valero Energy CEO Stepping Down

March 3, 2014 10:57 am | by Associated Press | News | Comments

Valero Energy CEO Bill Klesse is stepping down from his post on May 1. 67-year-old Klesse will remain with the refiner as chairman.                                 

Minerals Technologies is boosting its offer for Amcol International again, as bidding for the minerals and oilfield services company heats up.

Minerals Tech Ups Amcol Offer

March 3, 2014 10:53 am | by Associated Press | News | Comments

Minerals Technologies is boosting its offer for Amcol International again, as bidding for the minerals and oilfield services company heats up.                               

A couple of weeks ago one of Chevron's fracking well pads exploded and caused a deadly fire in a small town in Pennsylvania. Since, the apology letters and coupons for free pizza have met with a great deal of internet scorn. Is there a "right" way to apol

Chevron's Pizza Apology Blunder Goes Viral

February 28, 2014 7:29 am | by Nikita Ernst, Associate Editor | Blogs | Comments

Earlier this month one of Chevron's fracking well pads exploded and caused a deadly fire near a small town in Pennsylvania. Since, the apology letters and coupons for free pizza have met with a great deal of internet scorn. Is there a "right" way to apologize for this kind of accident and what will this viral snafu mean for Chevron?

The economic reports this week were mixed with several reports coming in weaker than expected.

Winter Weather Puts The Freeze On Economic Expansion

February 28, 2014 1:00 am | by American Chemistry Council | News | Comments

Seasonal factors from an unusual winter across the country have likely skewed statistical reporting from government agencies despite attempts to adjust for them.                         

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