HOUSTON (CN) – An Oklahoma company tightened its monopoly on gilsonite – a rock used for oil drilling – by hijacking a rival’s contract with a Columbian supplier, the rival claims in an antitrust ...

Under a blazing sun, the governors of Colorado and Utah last week took part in a historic ceremony: the opening of the first privately financed U.S. plant to make gasoline in quantity from a solid ...

American Gilsonite, which mines and processes a mineral used by oil and gas drillers, won bankruptcy-court approval for a plan to slash its debts and exit chapter 11 protection. Judge Christopher ...

President Donald Trump's plan to revitalize the U.S. shipbuilding industry is likely to backfire because it relies on proposed fees on China-linked vessels that will hurt domestic ship operators, ...

Mining company American Gilsonite Co. has filed for bankruptcy protection with a restructuring deal already in place with its bondholders. The Texas company filed for chapter 11 in the U.S. Bankruptcy ...