Recent changes to Mexico’s hydrocarbon laws are opening doors for private oil and gas investment, which is expected to secure more competitive feedstocks for expanded petrochemicals production. It will also allow for cheaper electricity, which will help improve the country’s competitiveness.
Energy-related CO2 emissions can be driven by economic and efficiency trends and changes in the fuel mix, but weather fluctuations that drive the level of energy used for both heating and cooling is also a significant factor affecting variations in fossil fuel consumption and their resulting emissions.
In the past decade, growth of jobs in oil and natural gas extraction, drilling, and support activities has outpaced the national average of private sector job gains. Additionally, average wages of oil and natural gas production jobs were $108,000 in 2013.
Turkey doesn't recognize ethnically divided Cyprus as a sovereign state and strongly opposes its gas search, arguing that it ignores the rights of breakaway Turkish Cypriots to any mineral-generated wealth. Cyprus was split in 1974 when Turkey invaded after a coup.
Mascoma Corporation, a leader in advanced bioconversion products, has announced that it has completed the sale of its yeast business to Lallemand Inc., a privately owned company that researches, develops, produces and markets yeasts, bacteria and related products.
Bio-Rad Laboratories Inc. has agreed to pay about $55 million to resolve U.S. authorities' allegations that it failed to prevent bribery of officials in Russia, Thailand and Vietnam and falsified records to hide the payments.
Orders to U.S. factories declined in September, dragged by falling demand in the volatile aircraft category.
Not having a single picture of what’s happening on the floor — or a seamless way to connect it with processes like quoting or material planning — is one of the main reasons that being production manager at a small- or medium-sized manufacturing company is so stressful.
Chevron, ExxonMobil and other oil companies have donated about $7 million to try to defeat the fracking bans. These measures would ban not only fracking but one of the most commonly used drilling methods in the state - steam injection. None of the three counties currently are known to host onshore fracking, which has led some to argue that the vote is no more necessary than banning ice-fishing.
Judge Janice Clark's decision came a day after two of the smaller players in the suit agreed to a settlement with the New Orleans-area board, which entailed a $50,000 payment for the two Texas companies.
Scores of cities in other states have considered similar bans over health and environmental concerns. But the proposal in Denton is a litmus test on whether any community in Texas — the nation's biggest oil and gas producer — can rebuff the industry and still thrive.
The United States has been recovering steadily as China's economy has weakened. China was growing at a double-digit pace in 2010, when the U.S. was still struggling to escape the recession. Now, the U.S. economy has expanded at a four percent annual pace over the past six months.
While the 1,300-plus wells currently on the Fort Berthold Indian Reservation produce roughly a third of North Dakota's daily output, the tribe only receives a fraction of money generated through royalties and a tax-sharing agreement with the state. That's why the four new wells will be important, say tribal councilmen.
The United States exported its highest level of crude oil in 57 years, and since April, crude exports have included modest amounts of Canadian-produced barrels that were moved through the United States and then re-exported to Switzerland, Spain, Italy and Singapore.
The decision to locate the plant in Augusta is a demonstration of the close working relationship between DSM and the State of Georgia. Construction is scheduled to start in Q1 2015 with completion targeted for mid-2016.
The solid increase suggests consumers largely dismissed concerns about slowing global growth and have ignored the sharp swings in financial markets earlier this month. Instead, greater hiring and lower gas prices are boosting their outlook.
The national average price of gasoline has fallen 33 cents in October, landing at $3.00, according to AAA. The average will fall under $3 by early Saturday morning for the first time in four years. When the national average crossed above $3 a gallon in December of 2010, drivers weren't sure they'd ever see $2.99 again.
As industrial growth intensifies in Europe, rising investments in the food and beverage and pharmaceutical industries will bolster the process mixing equipment market in the region. New application areas such as bioreactors, fine chemistry, and vaccine manufacturing will give a further boost to the market.
Talks to guarantee that Russian gas imports flow into Ukraine throughout the winter appeared to be at an impasse Thursday because of doubts over payments from Kiev.
The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending in five years.
A growing number of manufacturing companies are bringing their operations back to the United States and they are discovering that cloud based ERP software can help their core functions become more efficient and cost-effective, ultimately driving greater revenue.
As the economy recovers, middle market manufacturing companies are poised to make a big comeback in terms of profitability and as appealing prospects for investors. Changing economic tides, a shortage of sellers and trillions of investor dollars on the sidelines, add up to big opportunities for manufacturing businesses in the middle market today.
Orders to U.S. companies for long-lasting manufactured goods fell for a second month in September, while a key category that signals business investment plans dropped by the biggest amount in eight months.
Officials with U.S. Zinc has announced the company has completed the planned expansion project of their domestic zinc oxide plant in Millington, Tenn., ahead of schedule.