The offer, which the union received Wednesday night, was the company’s sixth to go across the negotiating table since the two sides have been meeting to hammer out a new labor agreement. The last contract expired Sunday. More »
Fires at the site of an eastern Iowa freight train derailment are out but ethanol is leaking into the Mississippi River and the task turned to monitoring for environmental impact and offloading the fuel from derailed trains to empty cars. More »
Weatherford International executives say the oil field service firm has begun identifying 3,000 more positions it to cut in the first quarter, a day after the company announced it is axing 5,000 jobs. More »
About 90 companies and more than 2,100 engineers and corporate representatives will gather at the Woodlands hydraulic fracturing conference this week to show off new technologies they hope will save oil companies money after the second-biggest collapse in crude prices in three decades. More »
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