Seven trade groups urge legislators to enact promised funding in final federal 2024 spending bill to ease supply chain bottlenecks set to worsen existing U.S. shortfalls in the critical power delivery components.
While contractors are more wary about 2024, most expect strong public sector project spending to buoy the industry even as interest rates could cause a pullback in private development.
Developer of much-embattled $7.2B natural gas line in Va. and W.Va says redesigned $370M addition eliminates a compressor station and needed water crossings.
TC Energy and contractor Pacific Atlantic Pipeline Construction dispute costs on challenging $10.6B Canada natural gas pipeline as it nears completion.
ConocoPhillips decision for estimated $8B North Slope energy development comes four days after U.S. appeals court rejected opponents' latest plea to stop $900M of winter construction work now underway.