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PG&E faces $1.4 billion fine for 2010 pipeline explosion

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Californian utility Pacific Gas and Electric Company (PG&E) has been ordered to pay a $1.4 billion penalty in connection with a gas pipeline explosion in 2010, which caused a huge fire and killed eight people.
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ADM sells chocolate business to Cargill in $440 million deal

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Food processing company Cargill is to acquire the global chocolate business of Archer Daniels Midland Company (ADM).
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Shale gas market to be worth $104.1 billion by 2020

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A new report from Allied Market Research predicts that the global shale gas market will expand at a compound annual growth rate (CAGR) of 9.3 percent in 2014-2020.
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GSK recalls batches of Eye-Mo solution

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London-listed pharmaceuticals giant GlaxoSmithKline (GSK) has launched a voluntary recall of several batches of its Eye-Mo Red Eyes Formula Ophthalmic Solution.
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Appalachian Resins to relocate planned $1 billion polyethylene plant to Ohio

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Houston-based Appalachian Resins Inc has agreed to lease about 50 acres of land in the Salem Township of Ohio to build its planned $1 billion ethylene and polyethylene production facility.
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Norway's Statoil resumes operation at In Amenas gas plant after attack

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Norwegian oil company Statoil is ready to resume normal operations at its In Amenas gas plant in Algeria, following last year's attack.
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Kraft recalls 8,000 cases of cheese singles

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International food major Kraft Foods Group is voluntary recalling almost 8,000 cases of selected varieties of regular Kraft American Singles Pasteurized Prepared Cheese.
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Explosion at BP's largest US refinery causes minimal disruption

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One employee was taken to hospital, but later released, and the incident did not result in major disruption of production at the facility.
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GSK to start clinical trials on new Ebola vaccine

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London-listed pharmaceuticals company GlaxoKlineSmith will start clinical safety trials for its experimental Ebola vaccine in the U.S. as early as next week.
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Oklahoma's Oneok opens $300 million natural gas processing facility in North Dakota

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Natural gas group Oneok Partners is boosting its natural gas processing capacity in the North Dakota oil patch with the opening of the company's Garden Creek II plant.
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