News - Page 700 | Engineering News-Record

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Finance

Spanish Power Giant Abengoa Teeters

Design-build firm is shutting some global projects as it seeks pre-bankruptcy protection

December 7, 2015

Facing possible bankruptcy, the Spanish power behemoth Abengoa has filed for preliminary creditor protection and is winding down construction projects worldwide.

Staging area for the Keystone XL pipeline

Plunging Oil Prices Stall Demand for Pipelines

Nicholas Zeman

December 6, 2015

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Royal Dutch Shell has lost $5 billion so far in 2015, TransCanada Corp. is staring at a $2-billion write-off following the U.S. rejection of its Keystone XL pipeline, and Baker Hughes said it took a 43% hit to earnings compared to last year, a measurement almost identical to the decline of North American oil-rig drilling over the same time.

Obama Signs $305B, Five-Year Transport Measure

Tom Ichniowski

December 4, 2015

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Long-awaited legislation will hike 2016 highway funds 5% and transit funds 8% but out-years' highway gains average just 2.3%.

Labor

Construction Adds 46,000 Jobs in Nov., Driving Down Jobless Rate

Tom Ichniowski

December 4, 2015

No Comments

Unemployment rate drops to 6.2% from year-earlier 7.5% as all sectors gained jobs.

Denise Scott Brown & Robert Venturi Are AIA's Gold Medal Choice

Brown is the first woman to win the architecture recognition not posthumously.

Anna Fixsen

December 4, 2015

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Brown, 83, is earning long-overdue recognition for career innovation, supporters say, and they're pushing for her Pritzker prize recognition too.

House Clears Comprehensive Energy Bill

Pam Hunter McFarland

December 3, 2015

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GOP-backed bill faces veto threat.

Hatch Mott MacDonald Splits; Kleinfelder Changes Chief

December 3, 2015

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Hatch Mott MacDonald CEO Nick DeNichilo and Executive Vice President Michael Schatz are set to take on new executive roles at U.K.-based Mott MacDonald Group Ltd. and Canada-based Hatch Group, respectively, after the parent firms’ infrastructure-engineering joint venture splits in early 2016.

China Looks to United States For Methanol Production

Nicholas Zeman

December 3, 2015

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China is looking offshore for cleaner, cheaper chemical feedstocks.

Utility, MWRA Tussling Over Harbor Cable-Placement Cost

Peter Maloney

December 3, 2015

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There is a battle underway beneath Boston Harbor. On one side is Harbor Electric Energy Co., a subsidiary of New England utility NStar (now known as Eversource Energy), and on the other side is the Massachusetts Water Resources Authority.

Conn. Court Denies Kleen Energy Workers’ Lost Wages

Peter Maloney

December 3, 2015

No Comments

Connecticut’s highest court in November rejected the claims of workers seeking lost wages as a result of a 2010 explosion at a power-plant under construction.