Infrastructure investment is 20% to 30% higher than the previous government's budget, but some funding and other elements don't live up to 2015 campaign promises
In a move that appeared to happen faster than at least one Wall Street analyst predicted, Houston energy specialty contracting giant Quanta Services Inc. on March 14 said Chief Operating Officer Earl “Duke” Austin has succeeded James O’Neil as president and CEO.
The dollar value of total construction starts jumped 10% in February from the previous month to a seasonally adjusted annual rate of $667.6 billion, according to Dodge Data & Analytics.
The federal government has scrapped plans to auction offshore oil and gas drilling rights along the southeastern U.S. coast, instead focusing on selling new leases in the Arctic and Gulf of Mexico.
In what Calgary, Alberta-based Veresen calls an “extremely surprising” move, the Federal Energy Regulatory Commission denied the applications for its Coos Bay, Ore., Jordan Cove LNG offshore facility and Pacific Connector Gas Pipeline, stating that “the record does not support a finding that the public benefits of the [pipeline] outweigh the adverse effects on landowners.”
The adaptive-reuse 100 Van Ness project transformed an outdated 29-story office building into a modern apartment community offering 418 units and many indoor and outdoor amenities in San Francisco’s Mid-Market neighborhood.
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