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.
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.
Orders to U.S. factories rose in February after two months of declines but a critical category that signals business investment plans fell.
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 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.
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.
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.
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.
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.
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.
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.
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...
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.
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.
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.
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.
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.
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 Partners LP is buying the wind power portfolio of Ireland's Bord Gais Energy for up to about $280 million.
The executive is being held under a form of house arrest that allows authorities to hold him for up to 40 days without charges, Attorney General Jesus Murillo Karam said. He said authorities had found evidence of wrongdoing but they continue to investigate.
Unveiled by key members of USCM's Advanced Manufacturing Task Force, the Impact of the Manufacturing Renaissance from Energy Intensive Sources shows how the new availability of inexpensive natural gas has ignited the steel, iron, fabricated metals and machinery manufacturing industries as well as those of plastic, rubber, resin and organic chemicals.
Even in our turbulent global economy, the popular idea of declining farms and factories is largely unfounded. UN and World Bank data show that food and manufacturing output are growing everywhere, but remain hidden by the faster-growing services sector.
Corning Incorporated announced today that Eric S. Musser, 55, has been elected executive vice president of Corning Technologies and International. Musser will oversee Corning Environmental Technologies, Corning Life Sciences, Corning International, and Global Manufacturing and Quality organizations.
Valero Renewable Fuels plans to begin production soon at an idled ethanol plant it has purchased at an Indiana port on the Ohio River, a spokesman said.