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Pittsburgh-based Viatris announced Monday it had acquired Oyster Point Pharma and Famy Life Sciences for up to $700-$750 million in cash to create what it expects to be an ophthalmology franchise.
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On Friday, Pennsylvania Gov. Tom Wolf signed legislation designed to increase transparency in oil and natural gas leases with landowners into law.
The legislation, sponsored by Sen. Gene Yaw (R-23...
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Legislation to study making the Port of Philadelphia an export terminal for liquified gas was signed into law, state Rep. Martina White (R-Philadelphia) said Thursday.
The legislation, Act 133 or ...
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Pennsylvania Gov. Tom Wolf announced more than $9 million in low-interest loans on Wednesday, saying they will support business growth in five counties.
The loans, through the Pennsylvania Industr...
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A new plan, released Tuesday, shows the economic and energy security benefits of the American Petroleum Institute's policy plan to restore U.S. energy leadership.
The study, commissioned by API an...
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Natural gas revenues in Pennsylvania are estimated to reach a record $275 million in 2022, according to a report from the Independent Fiscal Office (IFO) released Tuesday.
The report on impact fee...
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On Monday, the Pennsylvania Senate's Environmental and Energy Resources Committee heard testimony about legislation that would look into making the Port of Philadelphia a liquefied natural gas (LNG) e...
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A bill designed to address orphaned oil and gas wells has passed the state legislature.
State Rep. Jim Struzzi (R-Indiana) introduced H.B. 2528, which would allow any Pennsylvania company to bid f...
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The Manufacturers' Association, based in York, Pa., found in its recent Annual Manufacturing Wage & Salary report that skilled and hourly positions in South Central PA and Northern MD are still in dem...
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The General Assembly recently approved Senate Bill 1083, which now moves to Gov. Tom Wolf for his signature.
The bill includes a provision intended to protect small employers from unfair unemploy...
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Legislation aimed at making new resources available to businesses as a way to attract major new investments to Pennsylvania and spur job growth was presented to Gov. Tom Wolf on Thursday after Senate ...
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The state Senate recently passed legislation assisting farmers with their home delivery of agricultural products.
Senate Bill 736 amends Title 75 of the Pennsylvania Consolidated Statutes to permit...
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More than 60 Chambers of Commerce across Pennsylvania hope the state legislature will fix what they say is an unfair increase in unemployment compensation taxes.
In a letter to members of the Penn...
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The Bipartisan Infrastructure Law will provide Pennsylvania with $244.9 million to reclaim abandoned mine lands.
The state will use the funding for abandoned mine land remediation projects that re...
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Pittsburgh-based Kraft Heinz announced it had made progress toward its environmental and social goals in its 2022 Environment Social and Governance Report released Oct. 18.
According to the report...
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The Pennsylvania Senate Committee on Environmental Resources and Energy approved several bills this week promoting fairness in drilling impact fee distribution and stream maintenance measures, state S...
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Re-energizing Pennsylvania’s stagnant innovation economy will take more than a one-off investment, according to a newly released report from the Brookings Institution, as well as “catalytic stepsâ...
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Pennsylvania Gov. Tom Wolf announced Tuesday that coal communities in his state would receive more than $6.9 million for economic development projects.
Wolf joined Gayle Machin, federal co-chair o...
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The U.S. Department of Transportation recently awarded the Port of Philadelphia (PhilaPort) a $20.3 million Infrastructure for Rebuilding America grant to build a new 100,000 square-foot warehouse at ...
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The international oil major BP announced the acquisition of Archaea Energy, a pioneering company in the tapping of landfills in Pennsylvania and nationwide as a source of renewable natural gas (RNG) f...
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