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Putin: U.S. Is Trying To Derail Pipeline Plan

June 25, 2014 10:45 am | by Associated Press | News | Comments

The U.S. is trying to derail a project to build a gas pipeline that bypasses Ukraine to supply Europe, according to Russian President Vladimir Putin, after Russian and Austrian energy firms agreed to build the pipeline's western end.

North Dakota Pushes For More Pipelines

June 25, 2014 10:33 am | by JAMES MacPHERSON, Associated Press | News | Comments

Gov. Jack Dalrymple urged industry and government officials to build more pipelines to keep pace with the breakneck speed of North Dakota's oil production.                               

Kevlar Vest Hits 1 Million Milestone

June 24, 2014 11:01 am | by DuPont | News | Comments

DuPont Protection Technologies announced that over one million bullet-resistant vests made with DuPont™ Kevlar® XP™ have been sold globally since the advanced material was launched at Eurosatory in 2008.                  

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50th Anniversary Of The LNG Tanker

June 24, 2014 10:57 am | by U.S. Energy Information Administration | News | Comments

The world's first purpose-built liquefied natural gas (LNG) carrier, the Methane Princess, entered service 50 years ago, in June 1964. Since then, the global LNG carrier fleet has grown to include 357 ships, with an average capacity of 150,000 cubic meters of LNG per ship (approximately 3,300 million cubic feet (MMcf) of natural gas), more than five times larger than the capacity of the Methane Princess.

Hi-Crush Partners LP Announces Long-Term Frac Sand Purchase Agreement

June 24, 2014 10:39 am | by Associated Editor | News | Comments

Hi-Crush Partners LP, or Hi-Crush, announced the entry into a new long-term frac sand purchase agreement between Hi-Crush Operating LLC, a subsidiary of Hi-Crush, and Halliburton Energy Services, Inc., or Halliburton, which amends and restates the existing supply agreements between Hi-Crush and its affiliates and Halliburton.

Oil Price Steady As Investors Eye Iraq

June 24, 2014 10:27 am | by Associated Press | News | Comments

The price of oil was steady Tuesday as investors monitored the insurgency roiling Iraq for any signs it could affect its oil production and exports.                                     

Significant Hydrocarbon Discovery In Siberia

June 24, 2014 10:25 am | by Associated Press | News | Comments

Spanish energy company Repsol has announced what it says is a significant hydrocarbon discovery in a relatively unexplored part of West Siberia.                                  

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).

Fishermen Reject Shell's $50M Oil Spill Payout

June 23, 2014 10:58 am | by MICHELLE FAUL, Associated Press | News | Comments

Thousands of Nigerian fishermen have rejected an offer of $50 million from Royal Dutch Shell for "some of the largest oil spills in history," their British lawyers said after winning a landmark court ruling.                  

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U.S. Rig Count On The Rise

June 23, 2014 10:54 am | by Associated Press | News | Comments

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by four this week to 1,858.                                       

Alstom: GE Deal Will Save Jobs

June 23, 2014 10:45 am | by Associated Press | News | Comments

Alstom's chief executive says the French heavy engineering firm's agreement to sell off most of its power generation business to U.S. rival General Electric Co. will save jobs and protect France's national interests.                      

Asia Still Dominates Chemical Demand & Production Growth

June 20, 2014 1:00 am | by IHS | News | Comments

Global spending on chemical production capacity additions will peak in 2014 at $120 billion and then begin to decline, according to analysis from IH. Asia, and China in particular, long the epicenter of global chemical supply and demand, will remain the dominant global force for chemicals beyond 2020.

The Spark Of Innovation: Zippo Manufacturing

June 20, 2014 1:00 am | by USCC | Videos | Comments

They roll off the assembly belt like little bars of burnished gold. The Zippo windproof lighter has remained virtually unchanged over the last 77 years. But the company behind the Zippo lighter has accomplished the near impossible — the company has grown and adapted to today's fickle market while remaining a steadfast American icon.

Exxon Mobil Corporation (NYSE:XOM) expects to start production at a record 10 major projects in 2014, adding new capacity of approximately 300,000 net oil equivalent barrels per day and contributing to profitable production growth

ExxonMobil Begins Multi-Billion Dollar Expansion In Texas

June 19, 2014 1:33 pm | by ExxonMobil | News | Comments

ExxonMobil Chemical Company announced that it has started construction of a multi-billion dollar ethane cracker at its Baytown, Texas, complex and associated premium product facilities in nearby Mont Belvieu.                  

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Former Hostess Plant For Sale

June 18, 2014 4:35 pm | by Associated Press | News | Comments

A former industrial bakery in Biddeford, Maine is for sale for $8.45 million. Flower Foods acquired the bakery last year and is selling the plant and eight other bakeries and 21 depots across the country.               

North Dakota Now Produces 1M Barrels Of Oil A Day

June 17, 2014 4:37 pm | by Associated Press | News | Comments

North Dakota is now producing 1 million barrels of oil per day, with a large part of the credit due to the rich Bakken shale formation in the western part of the state.                        

Authorities are investigating the discovery of a body at a southwestern Indiana aluminum plant.

Alcoa To Invest $25M In Virginia Facility

June 17, 2014 1:40 pm | by Associated Press | News | Comments

Alcoa Power and Propulsion plans to invest $25 million in new technology at its Hampton, Virginia operation. Gov. Terry McAuliffe says the expansion will create 75 jobs.                        

Court Sides With Minnesota Frack Sand Mine

June 17, 2014 1:39 pm | by Associated Press | News | Comments

The Minnesota Court of Appeals has turned back a challenge to Winona County newest frack sand mine. Twelve residents challenged the county board's approval for a condition use permit for the 19-acre sand mine in Saratoga Township.                      

Foundation Sells Off Mining Company Shares

June 17, 2014 1:37 pm | by Associated Press | News | Comments

The Bristol Bay Native Corp. Education Foundation has sold the shares it received as a gift in the company that owns the proposed Pebble Mine.                             

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 Sells $5B Stake In Woodside

June 17, 2014 10:01 am | by Associated Press | News | Comments

Royal Dutch Shell PLC says it is selling a 19 percent stake in Australia's Woodside Petroleum Limited, worth around $5 billion.                                       

How Trustworthy Is The Data You’re Using?

June 17, 2014 9:07 am | by Rich Garvin, Training & Development Manager, Knovel | Blogs | Comments

How are your engineering and sales teams gathering they data they use to make decisions? Are they getting it from reputable sources? Rich Garvin, the Training & Development Manager at Knovel, offers some guidance as to how to do web-based research - safely.

Bio-Based Chemicals Get Boost From Shale Gas Boom

June 17, 2014 1:00 am | by IHS | News | Comments

Sugars, glycerin and other plant-derived feedstocks are emerging as economically competitive starting materials for a range of commodity chemicals, in part, because of tight supplies of conventional feedstocks such as propylene, isobutylene, butadiene and isoprene.

Pipeline Shares Skyrocket After Natural Gas Processor Purchase

June 16, 2014 2:58 pm | by Associated Press | News | Comments

Shares of Williams Cos. hit an all-time high Monday after the pipeline operator agreed to buy a part of natural gas processor Access Midstream Partners LP for nearly $6 billion.                               

An ammonia leak and fire have shut down a beef processing plant in eastern Nebraska, but no employees were injured.

'Pink Slime' Sales Rebounding

June 16, 2014 2:48 pm | by Associated Press | News | Comments

Sales of a treated ground beef product that critics derisively dubbed "pink slime" have rebounded, according to two of its manufacturers.                                       

Power Plant Debate Starts War Of Statistics

June 16, 2014 11:23 am | by JOSH LEDERMAN, Associated Press | News | Comments

President Barack Obama's new pollution limits for power plants have set off an avalanche of information about what the rules will cost, how they will affect your health and how far they will go toward curbing climate change.               

Oilfield Company Leaves Switzerland Over Pay Rules

June 16, 2014 11:10 am | by Associated Press | News | Comments

The oilfield services company Weatherford International Ltd. says shareholders have approved a move from Switzerland to Ireland.                                       

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