Despite growing fear of a recession on the horizon, contractors continue to offer highly competitive compensation packages, approaching levels not seen in the industry in nearly two decades.
Survey by Associated Builders and Contractors shows expectation that contractor profit margins will drop over the next six months—the first time anticipated since last October.
New environmental review of ConocoPhillips' Willow project on North Slope federal land cites options to build as proposed, reduce overall scope or extend timeline for drill sites; Sen. Murkowski presses for project start
As Russia's gas squeeze intensifies, Germany aims to have LNG import and regasification infrastructure operating later this year in up to four port sites.