Exxon Mobil will build or expand 11 projects along the U.S. Gulf Coast in a $20-billion, 10-year program, Darren Woods, Exxon Mobil Corp.’s chairman and CEO, told the annual CERAWeek energy conference in Houston earlier this month.
Airports face an annual $10-billion shortfall to meet their rising infrastructure needs, which total $99.9 billion over the next five years, an airport group says in a new report.
An annual survey, released on March 6 by consultant Arcadis, once again found New York City to be the world’s most expensive urban construction market, due to the availability and cost of real estate and site-access challenges.