By Subcontractors USA News Provider HOUSTON, March 30, 2021 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) announced today that it sent an irrevocable notice of its intention to fully redeem its currently outstanding $500 million aggregate principal amount of 2.8% Senior Notes Due 2022 (the “Notes”) on April 29, 2021 (the “Redemption Date”). This transaction…
By Subcontractors USA News Provider The Board of Directors of Royal Dutch Shell plc (the “Company”) has announced the appointment of Sir Andrew Mackenzie as the new Company Chair with effect from the conclusion of Shell’s 2021 Annual General Meeting, scheduled for May 18, 2021. Andrew will succeed Chad Holliday who will step down on…
By Helen Callier Devastating storms such as hurricanes, tornados, floods from thunderstorms, and the recent Texas freeze create a bonanza of work for contractors. From blown off roofs to busted pipes to fallen sheetrock, contractors rush in to assist homeowners in repairing damaged homes. Challenges often crop up during construction, and some contractors scratch their…
By Subcontractors USA News Provider Under the OSH Act, employers are responsible for providing a safe and healthy workplace free from recognized hazards likely to cause death or serious physical harm. Implementing a workplace COVID-19 prevention program is the most effective way to mitigate the spread of COVID-19 at work. The most effective COVID-19 prevention…
By Subcontractors USA News Provider In response to President Biden’s executive order on protecting worker health and safety, the U.S. Department of Labor’s Occupational Safety and Health Administration has launched a national emphasis program focusing enforcement efforts on companies that put the largest number of workers at serious risk of contracting the coronavirus. The program…
By Subcontractors USA News Provider Recently, the Dallas City Council unanimously approved a resolution supporting the Dallas Area Rapid Transit (DART) D2 Subway project, a second light rail line through downtown Dallas that will extend from Victory Park to Deep Ellum. The resolution includes a commitment to continue to work towards addressing community concerns on…
By Subcontractors USA News Provider The Port Commission of the Port of Houston Authority met virtually in a regular session recently. Port Chairman Campo opened the meeting with an update on the progress of the Houston Ship Channel Expansion program Project 11 “It’s moving from planning and design into execution and moving dirt this year,”…
By Subcontractors USA News Provider In the aftermath of Winter Storm Uri, the Railroad Commission has worked diligently with the Texas Legislature, other state agencies, and industry stakeholders to provide meaningful solutions to the challenges that our state faced during the storm. In response to the recent hearings in both the House of Representatives and…
Over 60 Years of Combined Experience as Your Construction, Development, and Management Company CDM7 is a familiar name and strong contender in the construction field. This construction, development, and management organization, remains committed to safety, quality, cost, and schedule to successfully serve clients. Construction is this company’s core function and founding business practice, with their…
By Subcontractors USA News Provider Capital Metro will launch a new Pickup Zone in Pflugerville beginning March 23, bringing on-demand public transportation to the City. The service takes customers to and from anywhere within the local service zone. Customers can request a ride directly from the smartphone app or by calling the Pickup Service Center…
By Subcontractors USA News Provider At a recent Capital Metro board meeting, the board of directors elected new board officers and welcomed Council Member Leslie Pool, a city of Austin appointee, to serve on Capital Metro’s board of directors. Wade Cooper was re-elected as Capital Metro’s board chair, Travis County Commissioner Jeff Travillion was elected…
By Subcontractors USA News Provider Brown Gibbons Lang & Company (BGL), a leading independent investment banking firm, has released a new research report on IoT in Automation & Manufacturing. The industrial technology report covers global capital markets and mergers and acquisitions insights, trends and issues affecting the industry, and performance and valuation data. IoT is…
By Subcontractors USA News Provider Electric Power Research Institute President and CEO Dr. Arshad Mansoor this month stressed the importance of nuclear generation to the resilience of the U.S. electric power system and expressed confidence in the potential for new and emerging nuclear energy technologies to support continued grid decarbonization. In a virtual panel discussion…
Leading energy storage company explains ‘time is right’ for companies to invest in battery storage By Subcontractors USA News Provider “Affordability is driving this trend,” says Kelcy Pegler, FlexGen CEO. “Battery systems are a 20+-year asset that can deliver reliable, renewable power. We are proud to provide utilities with affordable solutions and help with their…
By Subcontractors USA News Provider Griddy Energy LLC (“Griddy” or the “Company”) recently announced that it has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the Southern District of Texas, together with a proposed plan of reorganization – a key feature of which is to give releases to…
By Subcontractors USA News Provider Recently, CPS Energy filed suit against the Electric Reliability Council of Texas (ERCOT) in Bexar County District Court to protect its customers from excessive, illegitimate and illegal prices. “CPS Energy is taking this action to defend its customers. Those who suffered the consequences of ERCOT’s failure must not be victimized…
Project highlights late congressman John Lewis and the Civil Rights Movement By Destiny Vaquera University of Houston Gerald D. Hines College of Architecture and Design students Caleb Matheson and Darci McGee recently received the Merit Award from the AIA Fort Worth Excellence in Architecture Student Design Awards for their project, Lewis Center, a tribute to…
Private Nonresidential Market Shrinks 10 Percent Since January 2020 with Declines in All 11 Segments; Growing Cancellations, Proposed Labor Law Change Threaten to Harm Employers and Workers Alike By Subcontractors USA News Provider Construction spending rallied in January as private nonresidential construction increased for the first time in seven months, according to an analysis of…
Association Officials Call for Removing Tariffs on Key Materials to Provide Immediate Relief for Hard-Hit Contractors and Exploring Ways to Expand Long-Term Capacity for Steel, Lumber and Other Materials By Subcontractors USA News Provider Price increases—some to record-setting levels—and long delivery delays are causing hardships for construction firms that are also experiencing challenges in completing…
