About $380 billion worth of oil and gas projects are being deferred as the price of oil continues to hover near $30 per barrel, according to energy analyst Wood Mackenzie in a new report.
Legislation to block permanently an Obama-administration rule that seeks to define more clearly federal clean-water jurisdiction is headed to the president.
Some of President Obama’s earlier State of the Union addresses had meaty sections about improving U.S. infrastructure, creating jobs and accelerating project reviews. But his final State of the Union speech, delivered on Jan. 12, didn’t mention infrastructure or construction at all.
The Industry Leaders Council of the American Society of Civil Engineers is evaluating submissions to a new contest that is soliciting ideas for transforming the future of infrastructure.
January 2016 was supposed to signify a new beginning for “Bertha,” the world’s largest tunnel-boring machine that now sits under downtown Seattle with its 57.5-ft-dia cutterhead motionless.
The long-planned separation of Hertz Equipment Rental Corp. (HERC) from its parent firm, Hertz Global Holdings, is set to happen by the end of 2016’s second quarter, according to recent SEC filings.
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