Uncertain economic returns and duration of federal tax credits could delay or cancel project proposed by six oil firm majors, set to be the world’s largest, says energy sector research firm Wood Mackenzie.
The specialty contractor also reported solid revenue growth year over year, to $20.9 billion from $17 billion for 2022, noting a significant rise in renewable energy-related work.
U.S. Supreme Court majority appeared to support Ohio, Indiana and Virginia, as well as industry interests that want cuts in state ozone emissions not to take effect until all their current
legal challenges are resolved.
Former ENR Newsmaker was a "go-to" contractor on several major infrastructure emergencies in California, with a celebration of life set for Feb. 29 in Sacramento.
The 2.2-million-sq-ft project will double the facility size, establishing the firm as one of only a few U.S.-based manufacturers of truck and bus radial tires.