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With a hawkish Federal Reserve pushing higher interest rates to fight inflation, the design market could be a canary in a coal mine for what some economists say will be a “mild” recession later this year.
DOE Chief Jennifer Granholm told Columbia U. summit the president is "obsessed" with project permit reform and expedited approvals—as G7 climate ministers agreed April 16 to pursue common goal of net zero through "various pathways," while still supporting natural gas development.
Bechtel-led construction of $13.6B Driftwood export terminal could be advanced by developer Tellurian's decision to sell large part of the site to an unnamed investor and lease it back for 40 years.
KBR confirmed energy firm Equinor letter of intent for design of giant floating structure, along with Canada-based Hatch, with final investment decision possible in late 2024.
His peak legislative impact came from 1995 through 2001 when he chaired the "House Transportation and Infrastructure Committee, during which time he shepherded the landmark TEA-21 bill that authorized $198 billion over six years for highway and transit programs.
Team, known as New York City Football Club, aims to complete construction in time for the 2027 season, with other redevelopment also planned in Willets Point former industrial area.
From the trial’s start, attorneys for the crane owner and the general contractor/developer have each argued that their respective clients bear no responsibility for the collapse.
Giant 10-year O&M contract combines functions of two awards originally planned—one to manage millions of gallons of radioactive waste stored underground at the former weapons site and the other to operate its multi-billion-dollar waste treatment plant awaiting startup.
Gateway Development Commission is dividing civil works on the tunnel portion of the project from one contract into four to encourage more competitive bids.
Estimated $750-million to $950-million project set to be built on an Occidental Petroleum site in Texas would remove 860,000 tons of carbon dioxide a year by capturing it and storing it underground.
The Port of Seattle and Clark Construction have filed suit against each other over issues related to the $1-billion Seattle-Tacoma International Airport International Arrivals Facility (IAF) project.
Despite a unanimous decision that halted NECEC project developer Avangrid has enough cash invested to legally resume construction despite a 2021 state voters' block, the firm CEO told investors April 26 it won't know work restart schedule until after mid year.
Bechtel Energy is EPC contractor for the Rio Grande LNG project, with its $11.5B price agreement for the first three trains extended to June 15 and a final investment decision by developer Next Decade to be made by June 30.
Acciona Construccíon S.A., Ferrovial S.A. and Bouygues Travaux Publics are among industry firms looking for international synergies in developing floating offshore wind projects in Spanish waters.
Project development, estimated to occur in the early-to-mid 2030s, will be based on design used in the U.S. Energy Dept. breakthrough effort last December that successfully demonstrated laser fusion power with energy gain.
Senate committee Democrats and Republicans sparred over her support of independent contractor regulations enacted in California when she was state labor agency chief.
At ENR’s annual Award of Excellence, Top 25 Newsmakers and Best of the Best Projects ceremonies held in New York City April 13 and 14, two vital aspects of the construction industry were center stage: workforce safety and the need for public transportation infrastructure.
If contractors knew the best way to capture site data for each kind of job, whether it was using laser scans, drones or their own smartphones, it would certainly solve some problems up front.