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Home » Topics » Business » Finance

Finance
Finance RSS Feed RSS

ZachryGOLDENPASSLNG.PHOTO.jpg

Zachry Details Big Texas LNG Project Woes in Suit Against Owners Qatar Energy, ExxonMobil

Debra K. Rubin
Debra K. Rubin
Powersheadshot.jpg
Mary B. Powers
Daniel Tyson
Daniel Tyson
May 23, 2024

In bankruptcy protection filings linked to “structured exit” from estimated $10B Golden Pass LNG export terminal, contractor airs details of cost squeeze and bad blood, and


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A building with a red entrance and two strips of windows running horizontally across with the Polar logo on the building's upper left hand corner.
Manufacturing

Feds Offer Polar Semiconductor $120M Toward Minnesota Plant Expansion

James-Leggate.jpg
James Leggate
May 13, 2024
No Comments

The chipmaker is planning a $525-million expansion of its manufacturing plant as well a conversion to majority U.S. ownership. 


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I4_Ultimate_express_lanes_ENRweb.jpg
Legal

Judge: Lane Owes $79M to I-4 Ultimate Partners Skanska, Granite

James-Leggate.jpg
James Leggate
May 9, 2024
No Comments

A federal judge in Florida found Skanska acted in its joint venture partners' best interest, and that Lane owes its partners about $80 million for its unpaid share of capital calls.


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Rivian_Normal_ENRweb.jpg
Manufacturing

Rivian Plans $1.5B Illinois Plant Expansion While Georgia Project Paused

James-Leggate.jpg
James Leggate
May 3, 2024
No Comments

Illinois officials offered Rivian an incentive package worth $827 million over 30 years to continue expanding its Normal facility.


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Micron_NY_render_ENRweb.jpg
Manufacturing

Micron Projects in New York and Idaho Set for $6.1B in Federal Funding

James-Leggate.jpg
James Leggate
April 25, 2024
No Comments

The funding agreement with the U.S. Commerce Dept. was contingent on the company's recently announced pledge to invest $50 billion in the plants over the next five years.


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offshore oil export terminal in the Gulf of Mexico 30 miles off Freeport, Texas
ENR 2024 Top Owners Sourcebook | Oil&Gas

$1.8B Texas Oil Export Terminal OK'ed by Federal Regulator

Powersheadshot.jpg
Mary B. Powers
Debra K. Rubin
Debra K. Rubin
April 25, 2024
No Comments

Developer Enterprise Products Partners has not begun to seek contractors for the deepwater Sea Port Oil Terminal off Freeport and related pipelines.


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ABIMarch2024.jpg
Business Trends

Architecture Index Dips Again, for 14th-Straight Monthly Decline

Tom Ichniowski
Tom Ichniowski
April 24, 2024
No Comments

Report cites continued inflation, as well as "supply chain issues and other economic challenges" as reasons for the downward trend.


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Land Reclamation

$125M in Federal Grants Announced for Derelict Coal Mine Cleanups

James-Leggate.jpg
James Leggate
April 17, 2024
One Comment

Two tribes and 24 states are set to receive the funds this year. 


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Samsung_Austin_ENRweb.jpg
Manufacturing

Samsung Set to Receive $6.4B from US for Texas Fab Projects

James-Leggate.jpg
James Leggate
April 15, 2024
No Comments

Samsung is building two fabs and planning an expansion of another.


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Infrastructure_Act_Rollout_780_ENRwebready.jpg
Infrastructure Act

US DOT Awards $830M for Resilience-Related Infrastructure Upgrades

Tom Ichniowski
Tom Ichniowski
April 11, 2024
No Comments

Grants go to 80 road, bridge, transit and other projects to improve their ability to withstand floods, rising seas and other harmful effects of climate change in 37 states, the District of Columbia and the Virgin Islands.


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