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Laclede Buys Energen's Gas Utility For $1.28B

April 7, 2014 9:42 am | by Associated Press | News | Comments

The Laclede Group is spending about $1.28 billion in cash to acquire the natural gas utility business of Energen.                                                  

Oil Rises In Anticipation Of Improved Jobs Report

April 4, 2014 10:30 am | by Associated Press | News | Comments

The price of oil rose as traders anticipated positive news in the monthly U.S. jobs report.                                                   

Crude Imports Fall, Top Three Suppliers Still Have Highest Share In Decades

April 4, 2014 9:58 am | by U.S. Energy Information Administration | News | Comments

While U.S. total net crude oil imports fell during 2013, the share of imports last year from the United States' top three foreign oil suppliers—Canada, Saudi Arabia, and Mexico—was the highest in at least four decades.               

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Royal Dutch Shell said Friday it is selling its Australian gasoline stations and refinery to energy trader Vitol Group for 2.9 billion Australian dollars ($2.6 billion).

Shell Selects Detroit For The 2015 Eco-Marathon Americas Challenge

April 3, 2014 11:00 am | by Associated Press | News | Comments

Today, Shell Oil Company, in conjunction with Detroit Mayor Mike Duggan, announced the selection of the iconic "Motor City" as host for the annual Shell Eco-marathon Americas® challenge beginning in 2015.                    

Public Hearing Scheduled For Gas Plant Expansion

April 3, 2014 10:57 am | by Associated Press | News | Comments

North Dakota regulators have scheduled a public hearing to discuss the proposed expansion of the Robinson Lake Gas Plant near New Town.                                  

Mississippi Power Plant Costs Rise Another $177M

April 3, 2014 10:54 am | by JEFF AMY, Associated Press | News | Comments

The Southern Co. says it will cost at least another $177 million to finish the power plant it's building in eastern Mississippi's Kemper County, pushing the total cost above $5.2 billion.                               

Bakken Oil Output At 1.1M Barrels A Day

April 3, 2014 10:13 am | by JOSH WOOD, Associated Press | News | Comments

Oil production in North Dakota and Montana's Bakken and Three Forks formations will average 1.1 million barrels per day this year, according to a research firm's estimates.                          

What EPA Overregulation Means For U.S. Manufacturing

April 3, 2014 1:00 am | by Wayne Kovach, Energy Curtailments Specialists, Inc., @ecsgrid | Articles | Comments

Manufacturers, already pinned down by rising production costs and international competition, continue to struggle against an old adversary - Washington, specifically the Environmental Protection Agency. The EPA has instituted tough rules and regulations on businesses, leading many to believe that compliance is not only futile, but may lead to closures of many facilities.

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Factory Orders Rebound

April 2, 2014 10:58 am | by MARTIN CRUTSINGER, AP Economics Writer | News | Comments

Orders to U.S. factories rose in February after two months of declines but a critical category that signals business investment plans fell.                                 

New Natural Gas Pipeline For North Carolina

April 2, 2014 10:36 am | by EMERY P. DALESIO, AP Business Writer | News | Comments

Duke Energy Corp. and Piedmont Natural Gas Company Inc. said Tuesday they want to invest in a new natural gas pipeline into North Carolina that can deliver more of the cheap fuel to customers and especially to new power plants run by the country's largest electricity company.

For food processors, pest control is a complex challenge. Though processors have been credited with successfully removing most agricultural pesticide residues before food products reach the marketplace, food processing itself can attract pests of all kind

Integrated Pest Management Offers A Better Mousetrap

April 2, 2014 1:00 am | by Timothy Larson, RS, ACE, QA Manager, Rentokil | Articles | Comments

For food processors, pest control is a complex challenge. Though processors have successfully removed most agricultural pesticide residues before food products reach the marketplace, food processing itself can attract pests of all kinds. A variety of EPA-approved pesticides are available for use in processing facilities, but a better, long-term solution is to prevent infestation in the first place.

Texas Plastics Company Relocates To Louisiana

April 1, 2014 10:10 am | by Associated Press | News | Comments

The state of Louisiana and Webster Parish are offering incentives valued at $10 million to bring a Texas company and its planned $20 million plant to a site near Springhill.                    

Chevron Searches For Shale Gas In Poland

March 31, 2014 10:46 am | by Associated Press | News | Comments

Poland's gas giant PGNiG says it has signed an agreement with Chevron to jointly hunt for shale gas in southwestern Poland in a move to speed up the exploration.                                  

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Persian Gulf Still An Investment Risk

March 31, 2014 10:44 am | by AYA BATRAWY, Associated Press | News | Comments

Despite improvements in regulations and moves to diversify Arab economies away from natural resources, global investors remain wary of doing business in Gulf countries because of regional upheaval and other potentially destabilizing factors, according to a report by The Economist Intelligence Unit released Monday.

Alaskan LNG Project Moves Forward

March 31, 2014 10:33 am | by BECKY BOHRER, Associated Press | News | Comments

Oil and gas company executives said they're prepared to move into the next phase of pursuing a major liquefied natural gas project under terms of a bill that recently passed the Alaska Senate.

5 Quick Questions: Putting Big Data To Work

March 31, 2014 1:00 am | by Jeff Reinke, Editorial Director | Articles | Comments

What do you do with all that data once it’s available? Steve Wise, the Vice President of Statistical Methods at InfinityQS, recently sat down to discuss the best practices for implementing data-driven software and how manufacturers can most effectively use the information it provides.

The economic reports this week were mixed with several reports coming in weaker than expected.

Cold Weather Won't Keep Chemical Equity Prices Down

March 28, 2014 1:00 am | by American Chemistry Council | Articles | Comments

While winter weather extremes continue to impact the economy, strengthening chemical equity prices drove solid gains in the American Chemistry Council’s monthly Chemical Activity Barometer. March’s reading featured a gain of 0.3% over February, rebounding past the average 0.2% gain in late 2013, and pointing to modest but continued growth in the U.S. economy.

Take Profitability To The Next Level

March 28, 2014 1:00 am | by Anna Wells, Executive Editor, IMPO | Blogs | Comments

Many small manufacturers have good sales records but rarely keep summaries of profitability. For many manufacturers, the focus is a bit more on production, customer service, safety and labor — and a bit less on the margins that take up the white space in between. But it’s hard to just “be profitable” without taking into consideration the millions of variables that contribute to the success or failure of a company...

New Scholarship For Students Of Manufacturing

March 27, 2014 1:20 pm | News | Comments

The Association for Manufacturing Excellence (AME)’s scholarship funding arm, AME Institute, and Kronos Incorporated has announced a new scholarship for students interested in manufacturing careers through the Dr. Sherrie Ford Manufacturing as a Career Path 2014-2015 Scholarship Program.

Companies To Be Repaid If Drilling Rights Are Rejected

March 27, 2014 10:55 am | by Associated Press | News | Comments

A U.S. Bureau of Land Management official says the government would need to repay $2.6 million to petroleum companies if the U.S. Forest Service decides next year not to allow gas drilling in part of the Wyoming Range.                      

Tight Oil Production Pushes U.S. Supply Over 10% Of World Total

March 27, 2014 10:47 am | by U.S. Energy Information Administration | News | Comments

U.S. tight oil production averaged 3.22 million barrels per day in the fourth quarter of 2013, according to U.S. Energy Information Administration estimates.                                     

Mississippi Senate Approves Anti-Union Bills

March 27, 2014 10:41 am | by JEFF AMY, Associated Press | News | Comments

Bills that aim to restrict union organizing and picketing practices in Mississippi, as well as limit governments' abilities to pressure employers to use unionized workers, are on their way to Gov. Phil Bryant.                       

Vancouver Oil-Transfer Terminal Finds Little Love

March 25, 2014 4:20 pm | by Associated Press | News | Comments

The Columbian newspaper reports at least 30 people testified during Tuesday's meeting of the Port's board of commissioners, with almost all concerned about safety and environmental risks. The testimony came a week after a majority of Vancouver City Council members opposed the project.

Ohio Environmental Protection Agency records show 13 of the 18 have expired since Republican Gov. John Kasich took office in 2011, or about a quarter of the 49 issued to coal facilities.

Driller Tax Hike Dispute Continues

March 25, 2014 11:00 am | by JULIE CARR SMYTH, AP Statehouse Correspondent | News | Comments

The administration of Republican Ohio Gov. John Kasich is differing with legislative budget analysts on how much a proposed tax increase on big oil-and-gas drillers will generate, as the two sides move toward a compromise this week.           

Brookfield Renewable Energy Buys Wind Portfolio

March 25, 2014 10:57 am | by Associated Press | News | Comments

Brookfield Renewable Energy Partners LP is buying the wind power portfolio of Ireland's Bord Gais Energy for up to about $280 million.                                 

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