Manufacturers

National Oilwell Varco Inc. (NOV), one of the biggest equipment manufacturers in the oilfield services industry, saw its share price jump more than 7% in heavy volume Tuesday after the company reported a huge jump in the backlog for rig equipment orders.

Pressured by Maine manufacturers, labor unions and energy developers, Maine Gov. John Baldacci Friday signed into law legislation that places a moratorium on a controversial plan for an energy corridor to move electricity and natural gas between New Brunswick, Canada and New England. Baldacci inked the bill only hours after the state legislature passed it.

Pressured by Maine manufacturers, labor unions and energy developers, Maine Gov. John Baldacci Friday signed into law legislation that places a moratorium on a controversial plan for an energy corridor to move electricity and natural gas between New Brunswick, Canada and New England. Baldacci inked the bill only hours after the state legislature passed it.

A close review of the historical relationship between energy prices and U.S. production and consumption of energy-intensive goods suggests that energy-intensive manufacturers are likely to face only modest competitiveness impacts under a cap-and-trade proposal to reduce greenhouse gas emissions, according to a study released by the Pew Center on global climate change Wednesday.

With crude oil prices above $105 a barrel and natural gas prices nearing $10/Mcf, a group of chemical manufacturers Friday called on Congress to look again at lifting the moratoria on drilling off the East and West Coasts.

With crude oil prices above $105 a barrel and natural gas prices nearing $10/Mcf, a group of chemical manufacturers Friday called on Congress to look again at lifting the moratoria on drilling off the East and West Coasts.

While Massachusetts manufacturers have been converting their facilities to burn natural gas at the behest of public policy leaders, they are suffering from a gas supply shortage due to the failure of public policy to embrace new sources of gas, according to the Massachusetts Chemistry & Technology Alliance Inc.

While Massachusetts manufacturers have been converting their facilities to burn natural gas at the behest of public policy leaders, they are suffering from a gas supply shortage due to the failure of public policy to embrace new sources of gas, according to the Massachusetts Chemistry & Technology Alliance Inc.

The president of the National Association of Manufacturers (NAM) has called on individual coastal states and Congress to move in the same direction as South Carolina, which earlier this year called on federal lawmakers to exempt states from the ban on oil and natural gas production in areas off their shores that are under federal jurisdiction.