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The United States is likely to maintain a leading position in global oil and gas production, but new regulation may cause a wave of consolidation amidst concerns about increasing operating costs, just-released research suggests.

Fluor Corp. financial results for its first quarter ending March 31 were driven by growth in its oil & gas and industrial & infrastructure segment businesses, the company says. Revenue topped $7 billion, and was up 14% from the previous year.

Dow Chemical Co. has awarded a major contract to engineering construction company Fluor Corp. to execute a significant portion of its U.S. Gulf Coast investments.

According to a company spokesman, the fire broke out around 1:00 p.m. in one of the plant's polyethylene production units.

Federal approval from the U.S. Forest Service has been granted to U.S. Energy Corporation's molybdenum mine planned to open on Mount Emmons, near Crested Butte, Colo.

New figures released by the Obama administration suggest that the United States has twice the previously announced amount of oil and three times the amount of natural gas under the states of Montana, North Dakota and South Dakota.

The outbreak is linked to cucumbers imported from Mexico, the CDC said. So far, 14 people have been hospitalized.

Renewable energy company BlackGold Biofuels has opened a first-of-its-kind recycling facility in Charlotte, N.C., that turns wastewater into fuel.

The use of certain pesticides linked to bee deaths will be banned in the European Union, despite heated debates between member states on the issue, the European Commission (EC) has announced.

Ecolab Inc. has reached an agreement to acquire AkzoNobel’s Purate business, which specializes in global antimicrobial water treatment technology.