Two brothers who defrauded millions of dollars from thousands of investors in an oil and gas drilling scheme lost a bid Tuesday to have their convictions and sentences overturned.
Swiss-based commodities giant Glencore Xstrata Plc says it is buying oil exploration firm Caracal Energy Inc. for about 800 million pounds ($1.35 billion) in cash.
Electric, natural gas and major water companies and regional distribution systems in Connecticut have been penetrated by hackers and other cyber attackers, but defenses have prevented interruption, state utility regulators said Monday in their first report on cyber security.
A U.S. appeals court has overturned a disclosure requirement that public companies must post information about their use of minerals from Congo, where militias linked to atrocities have profited from mining minerals used in electronics, jewelry and other goods.
Shell Chemical LP plans to hold meetings in western Pennsylvania to discuss the possibility of building a huge natural gas processing plant there.
Recent growth in the manufacturing industry has exposed a trend that threatens future growth: a shortage of manufacturing talent. Advancing technology combined with aging workforces, negative perceptions of the market and a lack of up-and-coming workers make it more important than ever for companies to focus on employee recruitment and retention.
Fitch Ratings Service downgraded Alcoa's credit rating to "junk" status on Friday, saying it thinks the company's leverage will stay high and aluminum prices and profitability will remain low.
A former Sheridan energy company executive accused of stealing more than $1 million in royalties has pleaded not guilty to seven felony charges.
Arizona Gov. Jan Brewer signed into law a bill that eliminates sales taxes on electricity and natural gas purchased by manufacturers and mining smelters, a move she said was needed to make the state more attractive to large businesses.
A group of Chinese state-owned companies is buying a Peruvian copper mine from Glencore Xstrata Plc for $5.85 billion, adding to a wave of Chinese resource acquisitions abroad.
The EIA projects that liquefied natural gas will play an increasing role in powering freight locomotives in coming years. Continued growth in domestic natural gas production and substantially lower natural gas prices compared to crude oil prices could result in significant cost savings for locomotives that use LNG as a fuel source.
The Michigan Department of Natural Resources has barred two energy companies under criminal indictment from participating in oil and gas lease auctions.
High demand for machines in manufacturing sectors ranging from auto making to packaging will push the industrial machinery market to new heights during the next five years, highlighted by a doubling of growth this year, according to a new report from IHS Technology.
Economic activity in the manufacturing sector expanded in March for the 10th consecutive month, and the overall economy grew for the 58th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
A group of senators seeking to protect jobs is calling on President Barack Obama's administration to fully enforce trade laws in deciding whether imported steel reinforcing bar from Turkey and Mexico unfairly undercuts U.S. prices.
James River Coal Co. is being allowed to continue its business operations while the company is under Chapter 11 bankruptcy protection.
Chevron Corp. said that profit in the first quarter would slip below the fourth-quarter earnings on lower oil and gas production.
Aluminum maker Alcoa rose the most of major U.S. stocks after reporting earnings that were better than investors were expecting. Alcoa rose 3 percent in early trading. Other materials stocks also rose.
Some South Dakota farmers say North Dakota's Bakken oil field has created a shortage of rail engines and crews to move harvested grain to market.
The price of oil climbed above $101 a barrel Tuesday, supported by renewed unrest in eastern Ukraine and as traders awaited weekly data on U.S. crude stockpiles.
A major shareholder of a company behind a contentious Alaska mine project announced it was giving its shares away to two Alaska charitable organizations, at least one of which belongs to a larger group that has come out publicly against the project.
A mining company dropped plans to dig a mile-long tunnel for a copper development project near the Smith River after two environmental organizations filed a lawsuit challenging the proposal, state environmental regulators said Monday.
James River Coal Co. says it has filed for Chapter 11 bankruptcy protection as part of its efforts to turn around its business.
A manufacturer of radiators and cooling systems has shuttered its Las Cruces operation, leaving 70 workers unemployed.