Hurricanes, tornadoes, earthquakes—depending on where you live in the U.S., natural disasters can be a way of life.» Read More
Transocean owned the Deepwater Horizon rig that was drilling for BP PLC at its Macondo well, about 50 miles off the Louisiana coast when an explosion killed 11 workers and led to the nation's worst offshore oil spill. Transocean officials did not immediately respond to messages seeking comment.
NEW YORK, Sept 17- U.S. stocks edged higher in volatile trading on Wednesday after the U.S.
*Mitsubishi, Mitsui, Kogas in talks to buy Europe import capacity. MILAN, Sept 17- Gas buyers nervous of Russia cutting supply are helping solve Europe's problem of too many underused liquefied natural gas terminals, as they seek space at France's Dunkirk plant.
Nucor said on Monday it would buy Gallatin Steel, the U.S. joint venture between ArcelorMittal and Gerdau, for $770 million to expand into flat-rolled steel market in the growing pipe and tube business. In the current quarter ending Sept. 30, Nucor also expects to gain from write down of assets and high levels of imports due to downward pressure on pricing.
The auction house Profiles in History told The Associated Press that it estimates the Harley-Davidson will bring $1 million to $1.2 million at its Oct. 18 sale being held online and at its galleries in Calabasas, California.
CHICAGO— CHICAGO— A professor whose research is helping a California police department improve its strained relationship with the black community and a lawyer who advocates for victims of domestic abuse are among the 21 winners of this year's MacArthur Foundation "genius grants."
Republican congressman Mike Coffman of Colorado says the Veterans Affairs Department's oversight of construction projects is dysfunctional and leads to delayed health care. The hospitals are in Las Vegas, Denver, New Orleans and Orlando, Florida.
WASHINGTON, Sept 16- The U.S. Export-Import Bank is likely to have its charter renewed through mid-2015 this week, even though lawmakers in both parties said on Tuesday they see the extension as a second-best solution.
WASHINGTON— Amid action in Congress to intensify the fight against Islamic State militants, Senate Majority Leader Harry Reid found time Tuesday for an issue closer to home: ensuring that a nuclear waste dump in his home state of Nevada remains mothballed even after the government has spent $15 billion on it.
Bobby Jindal said Tuesday that President Barack Obama's administration has become "science deniers," failing to do enough to harness the nation's energy potential. The White House has said its promotion of domestic energy production, the use of wind and solar power and the reduction in oil consumption have had economic benefits and reduced carbon emissions.
NEW YORK, Sept 15- Oil prices slid to a 26- month low on Monday, and many other commodities also fell in a selloff that drove a sector benchmark near its lowest level this year on discouraging data out of China along with a stronger U.S. dollar.
Sept 15- Chevron Corp said Monday a blast on a natural gas gathering pipeline into the Henry Hub supply hub in Louisiana on Saturday that killed one worker interrupted "minimal gas production." Chevron said workers were performing routine maintenance on a Chevron Midstream Pipeline gas gathering line in offshore Louisiana waters when the accident occurred.
NEW ORLEANS— A contractor was killed and two others were injured Saturday during maintenance on a Chevron natural gas pipeline off the Louisiana coast, authorities said.
WASHINGTON— Efforts to come up with a new chemical regulation bill face an uphill battle in the Senate.
CHICAGO, Sept 12- Cargill Inc, the top U.S. grain exporter, sued a unit of Syngenta AG in a Louisiana state court on Friday for damages stemming from China's rejection of genetically modified U.S. corn, which Cargill said cost the company more than $90 million.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by six this week to 1,931.. Of the major oil- and gas-producing states, Alaska gained three rigs; Kansas, New Mexico and North Dakota each increased by two; and Colorado, Ohio and Pennsylvania were up one apiece.
CHICAGO, Sept 12- Cargill Inc, the top U.S. grain exporter, said it had sued Syngenta Seeds Inc in a Louisiana state court on Friday for damages stemming from rejections of genetically modified U.S. corn by China.
LONDON, Sept 12- On Tuesday this week base metals prices tumbled. Shanghai traders led the bear charge, which spilled over into London, where the subsequent sell-off was accelerated by technical traders of all shapes and sizes.
We refer to it in the business as the first mile or the last mile whether it's an import or an export, " U.S. Department of Transportation Maritime Administrator Paul Jaenichen said while visiting the South Carolina Ports Authority. The Federal Maritime Commission begins a series of meetings in Los Angeles next week to discuss the problem with industry leaders.
The Federal Emergency Management Agency is scrutinizing about 4,500 households that it suspects received improper payments after the storm, according to program officials and data obtained by The Associated Press through a public records request. As of early September, FEMA had asked around 850 of those aid recipients to return a collective $5.8 million.