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.
The Big Rivers Electric Corporation is closing its Kenneth C. Coleman Station in Hawesville after losing two of its largest customers.
The Laclede Group is spending about $1.28 billion in cash to acquire the natural gas utility business of Energen.
The price of oil rose as traders anticipated positive news in the monthly U.S. jobs report.
While U.S. total net crude oil imports fell during 2013, the share of imports last year from the United States' top three foreign oil suppliers—Canada, Saudi Arabia, and Mexico—was the highest in at least four decades.
Today, Shell Oil Company, in conjunction with Detroit Mayor Mike Duggan, announced the selection of the iconic "Motor City" as host for the annual Shell Eco-marathon Americas® challenge beginning in 2015.
North Dakota regulators have scheduled a public hearing to discuss the proposed expansion of the Robinson Lake Gas Plant near New Town.
The Southern Co. says it will cost at least another $177 million to finish the power plant it's building in eastern Mississippi's Kemper County, pushing the total cost above $5.2 billion.
Oil production in North Dakota and Montana's Bakken and Three Forks formations will average 1.1 million barrels per day this year, according to a research firm's estimates.
Manufacturers, already pinned down by rising production costs and international competition, continue to struggle against an old adversary - Washington, specifically the Environmental Protection Agency. The EPA has instituted tough rules and regulations on businesses, leading many to believe that compliance is not only futile, but may lead to closures of many facilities.