Royal Dutch Shell PLC says it has agreed to sell its stakes in an Australian liquefied natural gas project to the Kuwaiti Foreign Petroleum Exploration Company for $1.135 billion (840 million euros).
Arguments in the case will be heard Tuesday in Washington County Court, and its outcome likely will set the tone for how the others will play out as Sunoco constructs a 50 mile pipeline from Washington County to Delmont in Westmoreland County in Pennsylvania.
The company blamed for a chemical spill that left 300,000 West Virginians without safe drinking water filed for bankruptcy Friday, temporarily shielding it from dozens of lawsuits, many by businesses that were forced to shut down for days.
A federal appeals court has rejected a bid by Louisiana Attorney General James "Buddy" Caldwell to have a new judge oversee the state's claims over BP's 2010 Gulf oil spill.
A group of investors have announced the opening of a $60 million plant in central Puerto Rico to produce aluminum cans.
A chemical company is suing California to overturn new flammability standards for furniture and other products that allow manufacturers to stop using chemical flame retardants.
Oil giant BP forecasts world demand for energy to grow by 41 percent by 2035, driven by growing consumption in the booming economies of China and India.
A newly signed commercial agreement anticipates the state's equity share in a major natural gas pipeline project will be about 20 to 25 percent.
A judge in Goodyear's Ohio hometown has thrown out a lawsuit filed by French workers trying to save their jobs.
Nebraska Attorney General Jon Bruning says his office is suing the federal Environmental Proection Agency over greenhouse gas standards for new power plants.
Alcoa Inc. will permanently close the two remaining potlines at its Massena East plant in northern New York in the first quarter of this year, the company announced Wednesday.
Alcoa Inc. said Tuesday that it has completed a $300 million expansion at a plant that makes aluminum sheet products for the auto industry.
The Equipment Leasing and Finance Association, which represents the equipment finance sector, recently revealed its Top 10 Equipment Acquisition Trends for 2014. Given U.S. businesses will spend in excess of $1.5 trillion in capital goods or fixed business investment this year, these trends impact a significant portion of the U.S. economy.
The economic reports this week were mostly positive. Evidence from the non-manufacturing sector suggests that this broad section of the economy is improving. Finally, the factory orders report indicates that manufacturing is poised to grow in 2014, which should lift economic growth.
Shares of Alcoa Inc. tumbled before Friday's opening bell after the aluminum company reported a $2.34 billion loss for its most recent quarter, hurt by low aluminum prices.
Ohio and local development officials say they have an agreement with a Chinese auto parts producer to operate a plant near Dayton that could bring up to 800 jobs.
Black Hills Corp. says it's buying 400 miles of natural gas pipeline from MGTC Inc., a Wyoming public gas utility and an indirect, wholly owned subsidiary of Anadarko Petroleum Corp.
New York's newly released energy plan calls for increased use of renewable energy and clean technology and anticipates reduced utility bills and a more flexible distribution grid, but takes no position on hydraulic fracturing for natural gas in the fertile Marcellus Shale.
Outsourcing of biopharmaceutical manufacturing has been growing for several years, to the point where contract manufacturing has become a common strategic decision for developers, extending beyond simple non-core activities and into more high-value, technical ones.
Lawmakers will hear from backers of a proposal to increase taxes on horizontally drilled shale wells in Ohio.
Manufacturing activity reversed its previous two-month climb in the Southeast, widening the gap between the region and the nation, according to the Southeast Purchasing Managers Index (PMI) report released by Kennesaw State University’s Econometric Center in the Michael J. Coles College of Business.
Two Goodyear managers held captive by angry French workers were freed Tuesday after police intervened, ending two days of standoff over the factory's bleak future.
It's an assertion that has been accepted as fact by droves of the unemployed: Older people remaining on the job later in life are stealing jobs from young people. One problem, many economists say: It isn't supported by a wisp of fact.
Manufacturing continues to grow in the U.S., fueled primarily by innovations in technology and advances in the manufacturing process itself. With the advent of new, competitive technologies, next-generation manufacturers must zealously protect intellectual property and assets associated with such manufacturing technologies.
An official with Goodyear says workers at a restive plant in northern France have detained two managers in a conference room at the tire factory. "Boss-napping" became rampant in France in 2009 at the height of the economic meltdown, although the practice has since tapered off.