President Donald Trump is looking into waiving the requirement that only U.S.-flagged vessels can move goods from American ports to Puerto Rico or energy-starved areas of the Northeast, according to Bloomberg News. The Jones Act is a 1920 law that requires vessels moving cargo between two U.S. ports be U.S.-built, -owned and -crewed. It was »

U.S. manufacturers continue to report growth and optimism in the latest outlook survey by the National Association of Manufacturers (NAM), with 89.5% of the respondents saying they felt either somewhat or very positive about their company's outlook, driven by current federal tax and regulatory reform policies, according to the association. Industrial Info is tracking U.S. capital projects »

BP plc and Shell Offshore Incorporated are drilling seven and six new wells, respectively, in the Gulf of Mexico. Most of BP's new wells are its Mad Dog Platform. Shell's new wells are mostly at the Olympus and Perdido Spar platforms. The Bureau of Ocean Energy Management (BOEM) lists 45 new wells as currently being drilled. Behind BP and Shell, »

Industrial Info is pleased to be hosting two outlook events (one webinar, one live event) on its spending outlook for the Asia-Pacific (APAC) region in March. On March 6 at 9 a.m. CST (10 a.m. EST), Industrial Info will present a complimentary webinar on the APAC Oil & Gas project spending outlook. Join Shaheen Chohan, Industrial Info's vice »

Propelled by record natural gas and crude oil production, the U.S. is projected to become a net exporter of energy in 2020, for the first time in more than 70 years, according the U.S. Energy Information Administration's (EIA) Annual Energy Outlook 2019 report that was released on Thursday. The U.S. will remain a net exporter through 2050, »