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.
Alaska is now party to a lawsuit against the U.S. Environmental Protection Agency over its involvement with the proposed Pebble Mine.
The Supreme Court won't hear a challenge to California's first-in-the-nation mandate requiring fuel producers to reduce greenhouse gas emissions.
Paint and coatings maker PPG Industries is buying Consorcio Comex SA de CV for $2.3 billion to help bolster its architectural coatings presence in Mexico and Central America.
Oil and gas exploration company Devon Energy Corp. is selling some U.S. oil and gas properties to Linn Energy LLC for $2.3 billion.
BP wants a federal judge to order restitution — plus interest — of what it says are hundreds of millions of dollars in overpayments to some businesses that claimed losses due to the 2010 Gulf oil spill.
Measured on a three-month moving average (3MMA), the CAB’s 0.5 percent gain beat the average first quarter monthly gains of 0.3 percent. Though the pace of growth has slowed significantly, gains in June have brought the CAB up a solid 4.3 percent over this time last year.
A bill approved by the Legislature to adjust Oklahoma's tax on oil and gas production is unconstitutional because it passed in the final days of the session and didn't receive a three-fourths vote in the House and Senate, according to a lawsuit filed with the state Supreme Court.
More than 120 people are being laid off at an Alpha Natural Resources mine in southwest Virginia amid declining production and demand.
North Dakota regulators have approved the construction of a portion of a $2.6 billion pipeline that would move North Dakota oil to Minnesota and Wisconsin.
Natural gas prices were falling to four-week lows after the U.S. government reported a sharp buildup in the country's natural gas storage levels.