The U.S. now leads the world in oil and natural gas production, putting out 11 million barrels per day. With that new-found success, oil man and entrepreneur Boone Pickens is calling for a new national energy strategy.
Oil prices inched down toward $103 a barrel Wednesday as supply concerns dissipated and investors awaited the release of figures on U.S. stockpiles of crude and refined fuels that will be a key indicator of demand.
The company reported strong results in its engineered-products business, which makes parts for industrial customers, while looking to cut costs in its aluminum-smelting segment.
A Wisconsin company will open a $48 million plant in Hattiesburg, Mississippi, to make paper towels, tissue and other projects, hiring 300 people over five years.
Archer Daniels Midland already makes sweeteners, fibers, emulsifiers and an array of other ingredients used in packaged foods and drinks. Now it's getting in the business of natural flavors.
Ameren Missouri has told state regulators it will shut down the 61-year-old Meramec coal-fired plant in Oakville by 2022, or possibly sooner pending stricter rules on greenhouse gas emissions.
Chances are, an increased rate of production response to changes in supply and demand is high on your operational wish-list. And you’re not alone. When it comes to increased agility, it’s hard to argue there’s such a thing as too fast, and even small improvements in the ability to quickly ramp production up or down can translate to significant long-term bottom-line gains.
A company that treated wastewater from coal mines and gas drilling operations near Pittsburgh has closed and state officials are scrambling to clean up a mess that's still there.
A north Alabama chemical facility is getting an $11.2 million upgrade as part of plans for expanded operations that will create 13 new jobs at salaries well the state's median household income.
Australia's experience illustrates how easy it is to scuttle complicated environmental laws, and serves as a warning to President Barack Obama, whose recent proposal to force a 30 percent cut in power plants' carbon emissions is drawing anger from both sides of politics.
The steel industry was expected to benefit greatly from the domestic boom in oil and gas drilling. But the anticipated windfall from supplying drilling companies with tubular steel for oil and gas pipelines is being undermined by a flood of cheap imports. American steelmakers have blamed foreign dumping for causing a severe oversupply and depressing prices.
Honeywell (NYSE: HON) Process Solutions announced that it will supply a new integrated control and safety system for Qatar Fuel Additives Company's (QAFAC) Mesaieed Industrial City plant, 50 kilometers south of Doha.
Felman Production is restarting its idled plant in Mason County following an agreement with Appalachian Power on a special electricity rate for the facility.
Economic activity in the manufacturing sector expanded in June for the 13th consecutive month, and the overall economy grew for the 61st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
As U.S. manufacturing recorded the greatest monthly increase so far in 2014, a recent survey involving members of the Control System Integrators Association (CSIA) also points to an upswing in the automation industry.
One of Indiana's largest natural-gas utilities is selling its coal-mining subsidiary to a southern Indiana-based coal-mining company, putting more than 800 coal miners' jobs at risk.
Stone Energy Corp. of Lafayette is selling some oil and gas properties on the Gulf of Mexico shelf to Talos Energy Offshore LLC of Houston for $200 million cash.
As of January 1, 2014, there were 139 operating refineries and three idle refineries with total atmospheric crude oil distillation capacity (ACDU) of 17.9 million barrels per calendar day (bbl/cd), a 101,000-bbl/cd increase in capacity from January 1, 2013.
U.S. manufacturing grew in June for the 13th straight month. But the pace of the expansion slowed from May.
U.S. crude production in April 2014 was 8.4 million barrels per day (bbl/d), with two states, Texas and North Dakota, accounting for nearly half of this total.
The price of oil rose Tuesday on expectations for stronger demand following an improvement in manufacturing activity in China, the world's biggest oil importer.
The U.S. Supreme Court will consider whether a group of energy companies can be sued under state antitrust laws for illegally manipulating natural gas prices more than a decade ago during California's energy crisis.
The American Chemistry Council (ACC) issued its 2014 edition of the Guide to the Business of Chemistry, a detailed economic profile of the chemistry industry and its contributions to the U.S. and world economies.
ConAgra Foods Inc. has completed a $200 million expansion of its Lamb Weston frozen potato plant in Boardman, Oregon.