Check out this video profile of Alcoa and ArcelorMittal, participants in the U.S. Department of Energy's Better Plants Challenge, to see how through the program companies have increased recycling efforts, dramatically reduced emissions and saved almost $20 million dollars a year in energy costs.
Nigeria's Senate is ordering a forensic audit to track down billions of missing petrodollars after the Central Bank reported that nearly $50 billion worth of oil sold by the state oil corporation had not been paid to the government.
Near-shoring is just one of many hot topics to be discussed at the inaugural Supply Chain & Transportation USA Exhibition & Conference, March 17-20, at the Georgia World Congress Center, Atlanta, GA.
A federal appeals court on Thursday reinstated a shareholders lawsuit filed against BP Alaska in the wake of two oil spills in 2006 on the North Slope that exposed problems with the company's pipeline maintenance program.
The price of oil barely budged Thursday. But natural gas futures soared and U.S. drivers again saw higher numbers at the gas pump.
Natural gas prices moved sharply higher Thursday after a winter storm hit much of the Eastern United States. Natural gas futures rose 40 cents, or 8.3 percent, to $5.22 per 1,000 cubic feet.
The 2014 resolutions of process industry clients focus across a variety of initiatives, like building more robust technology infrastructures, automating business processes, or improved collaboration with trading partners. These initiatives ultimately point to the same goal - a real competitive advantage.
Dow Chemical is rejecting a push by a major shareholder to break off its petrochemicals division.
The president of BP Alaska says the company plans to boost its capital spending in the state from just under $900 million last year to $1.2 billion this year.
The reaction was slow in coming, but financial markets and corporate bosses have been jolted awake to China's relentless growth decline and are scrambling to cope with wrenching changes in global business.
Shares of Boardwalk Pipeline plunged more than 36 percent Monday following disappointing fourth-quarter results and after it slashed its quarterly distribution.
Aleris is buying Nichols Aluminum LLC for $110 million in cash. Nichols Aluminum produces aluminum sheet for the North American transportation, building and construction, machinery and equipment, consumer durables, and electrical industries.
Amphenol Corporation has completed the acquisition of the Advanced Sensors business from GE. The acquisition of The Advanced Sensors business will operate as part of Amphenol Corporation under the name of Amphenol Advanced Sensors.
The economic reports this week were mixed with several reports coming in weaker than expected.
Public officials in Fairbanks are assessing effects from closure of the North Pole Refinery by June 1. North Pole Mayor Bryce Ward tells the Fairbanks Daily News-Miner that Flint Hills Resources accounts for roughly one-third of the city property tax base.
Washington lawmakers considered a plan Thursday that would eliminate a decades-old tax break now used by oil refineries to save millions of dollars each year.
North Dakota is losing nearly $1 million monthly in natural gas tax revenue as vast amounts of the byproduct of oil production goes up in smoke, state tax department records show.
Uganda's government has signed an agreement with three foreign oil companies, a government official said Thursday, clearing the way for commercial production of crude reserves.
Whether it’s for internal comparisons, or for measuring the effectiveness of a company against close competitors, benchmarking is a vital continuous improvement tool. And although it’s safe to say that the average executive understands the benefits of benchmarking performance, that doesn’t necessarily mean his or her company has ever participated in such an initiative.
Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, and the overall economy grew for the 56th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
After having to run faucets to clear out their systems, West Virginia residents and small businesses who had to stop using water because the supply was tainted by a chemical spill will get a break on their bills.
Flint Hills Resources announced Tuesday that it will close its North Pole refinery, shuttering a major employer in the Fairbanks area and eliminating a local source of gasoline, jet fuel, heating fuel and other petroleum products.
Regulatory changes, raw material volatility and supply chain fluctuations continue to dominate product development and resource planning for the chemical processing marketplace. Few know these dynamics as well as Don Mahoney, global head of SAP’s Chemicals Industry Business Solutions, who shares some insights on trends impacting the marketplace.
In the United States geothermal power development is limited to hydrothermal sites, highly concentrated in the West, which adds up to only 0.33 percent of the country's electricity generating fleet. But there may be a solution to geothermal power's geographic limitation, which could open up the way for this subterranean resource to play a much greater role in energy systems of the future.
SPI: The Plastics Industry Trade Association, which represents the nation’s third largest manufacturing industry, supports President Obama’s efforts to create jobs and strengthen the middle class by expanding the economy and negotiating sensible trade agreements.