The average price of regular gasoline in the U.S. has dropped 6 cents a gallon during the past two weeks. Industry analyst Trilby Lundberg said Sunday that a gallon of regular now costs $3.52 on average.
Verenium focuses on developing and selling high-performance enzymes used in food and fuel markets. BASF is a diversified company whose products range from chemicals, plastics and performance and crop protection products to oil and gas.
A former Halliburton manager was charged Thursday with destroying evidence following BP's 2010 oil spill in the Gulf of Mexico, a case that coincides with a guilty plea to a related charge by the Houston-based oilfield services company.
The Economy Ministry said in a statement published Wednesday that the chemicals were classed as "dual-use" goods and there was no indication they had been used for military purposes. The chemicals included 93 metric tons (102 tons) of hydrogen fluoride and 12 metric tons (13 tons) of ammonium hydrogen fluoride.
Those arrested Monday were part of a group of protesters outside the Houston office of TransCanada Corp. They were protesting the proposed 1,700-mile pipeline, which would carry oil derived from tar sands in Alberta, Canada, to refineries along the Texas Gulf Coast.
Huntsman said Tuesday it also will assume $225 million in unfunded pension liabilities as part of the acquisition of performance additives and titanium dioxide businesses from Rockwood Holdings Inc. Texas-based Huntsman said it expects the deal to add about 60 cents per share to its annual earnings.
Bright said EJB Paving's processing plants had been powered by natural gas in the past, but when gas prices began to rise, they converted to No. 2 recycled oil more than a decade ago. But economic conditions now favor natural gas, so the company has gone back.
German chemical manufacturer BASF will spend $42.6 million to build a new polyurethane blending facility at its Geismar operation in Ascension Parish. The company says the new facility will create 22 jobs.Company officials said on Thursday construction is expected to start in June.
Halliburton Energy Services and Justice Department prosecutors have urged a federal judge to approve a plea deal that calls for the Houston-based company to pay a $200,000 fine for destroying evidence after BP's 2010 oil spill in the Gulf of Mexico.
BP has urged a federal judge to reject a $111 million budget request by the court-supervised administrator of the company's multibillion-dollar settlement with Gulf Coast businesses and residents following its 2010 Gulf oil spill.
Wal-Mart Stores says it will require its suppliers to phase out 10 hazardous chemicals from personal care products, cosmetics and cleaning products in its stores. It will also require the suppliers to disclose chemicals in those products.
The oil carried by a freight train that derailed and exploded in Quebec this year had been misclassified as a less dangerous type of crude, Canadian officials said Wednesday, and they urged U.S. and Canadian regulators to ensure dangerous goods are accurately labeled.
A Dubai-based company plans to build a new factory in Buffalo that will employ about 170 workers producing steel pipes for the oil and natural gas industry. Local media outlets report that Alita USA Holdings plans to build its $102 million factory in South Buffalo, near the city's Lake Erie waterfront.
Venezuela's oil minister said Monday that sabotage caused an explosion and fire last year that killed more than 40 people at the country's main oil refinery, saying someone deliberately loosened bolts and released highly flammable gas.
As computer and electronic integration continues to grow and permeate every level of daily life, Oregon reigns supreme in its enterprise. Each new year ushers in another level of computing power and technical innovation, fueling continual research and innovation in a highly competitive market.
A Michigan factory that makes lithium-ion batteries for General Motors is halting production for up to six weeks because of a controversy over a chemical. LG Chem spokesman Jeremy Hagemeyer says a chemical used to make batteries may not be registered with the U.S. Environmental Protection Agency. He declined to name it.
The investigation appears to be part of efforts by China's new leadership under President Xi Jinping to tighten control over state-owned energy companies. The government has said executives are suspected of unspecified "discipline violations," a term often used to refer to corruption.
With a high-stakes trial set to resume in less than a month, BP and the federal government on Thursday offered conflicting estimates of how much oil spilled into the Gulf of Mexico after the blowout of the company's Macondo well triggered a deadly explosion.
When a team of Dallas Morning News reporters tried to answer what they thought was a simple, straightforward question about the frequency of chemical accidents, they found a mare's nest of conflicting and incomplete statistics.
The economic and employment contributions from U.S. unconventional oil and gas production are now being felt throughout the U.S. economy, increasing household incomes, boosting trade and contributing to a new increase in U.S. competitiveness in the world economy, a new study by IHS finds.
Plaintiffs' attorneys who brokered a multibillion-dollar settlement with BP following the company's 2010 Gulf oil spill have asked a federal appeals court to uphold a judge's approval of the deal.In a court filing Tuesday, the private lawyers say only a "paltry few objectors" have raised narrow concerns about the settlement.
Attorney General Joseph Foster says Shell owned or operated gas stations in New Hampshire from the 1930s through 1998, and there were costs involved to clean up spills. Foster says that in claiming costs for cleanup, Shell did not disclose the existence of the insurance policies and failed to attach copies of those policies to its claim forms.
Authorities have scooped up around 100,000 kilograms (220,000 pounds) of dead fish they say were poisoned by ammonia from a chemical plant, environmental officials and state media said Wednesday, in a reminder of the pollution plaguing the country.
The head of the commission that oversees China's major state-owned companies was fired Tuesday in a spreading corruption investigation that appears to be an effort by the country's new leaders to tighten control over government industries.
The Rockford Register Star reports that approval is contingent on several conditions, including installing a fire alarm with remote notification and allowing the EPA to inspect and monitor the process. A June 2 explosion and fire caused a 24-hour evacuation of the town.