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DuPont Pioneer Announces Layoffs, Plant Closing

May 16, 2014 10:36 am | by Associated Press | News | Comments

Company spokeswoman Jane Slusark said the closing will allow for better use of technology near areas with more seed acres. She said the company is doing a global review of its seed production plants, and optimizing around areas with more seed acres.               

Layoff Notice Preceded Fatal WV Mine Accident

May 15, 2014 10:22 am | by Associated Press | News | Comments

Weeks before an underground accident killed two workers, employees at a problem-plagued West Virginia mine were notified that they may lose their jobs because the coal was selling for less than the cost of digging it out.                     

Obama's Climate Rules Won't Wait

May 14, 2014 4:23 pm | by JOSH LEDERMAN, Associated Press | News | Comments

Unlike the Keystone XL oil pipeline, whose review the administration has delayed, probably until after the elections, the clock is ticking for the power plant rules — the cornerstone of Obama's campaign to curb climate change. Unless he starts now, the rules won't be in place before he leaves office in 2017, making it easier for his successor to stop them.

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Oil and gas company Anadarko Petroleum Corp. is selling its Chinese subsidiary for about $1.08 billion as it focuses more in the U.S. and Mexico.

Anadarko Petroleum Dividends Up 50%

May 14, 2014 9:53 am | by Associated Press | News | Comments

The oil exploration and production company said its board approved a quarterly dividend of 27 cents per share, up from 18 cents per share.                                      

Glass Fabrication Plant Expands In GA

May 14, 2014 9:52 am | by Associated Press | News | Comments

A Minnesota-based glass fabrication company is planning to add more than 100 new jobs when it expands a plant in eastern Georgia.                                      

ND Posts 977K Barrels Of Oil Daily In March

May 14, 2014 9:51 am | by Associated Press | News | Comments

The Department of Mineral Resources says the record March production was up from an average of about 952,000 barrels daily in February.                                   

3 Miners Killed During Strike

May 13, 2014 11:09 am | by CHRISTOPHER TORCHIA, Associated Press | News | Comments

Tension is rising in South Africa's platinum mine sector, where police are struggling to keep order after three miners working in defiance of a strike were killed in separate incidents.                      

Chevron To Pay $875K For Utah Oil Spills

May 13, 2014 10:49 am | by Associated Press | News | Comments

Federal regulators have announced an $875,000 settlement with Chevron related to a pair of Utah oil spills in recent years.                                   

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European Chemical Producers Expect Growth In The Face Of Adversity

May 13, 2014 10:38 am | by IHS | News | Comments

With Germany taking a slight lead, Europe’s chemical industry is slowly exiting the global economic recession. However, despite expected marginal growth, concerns are mounting for industry leaders who face increasing competition, feedstock cost disadvantages, a difficult business climate and aging infrastructure.

BLM Seeks Comment On NV Leasing Plans

May 12, 2014 10:53 am | by Associated Press | News | Comments

Federal land managers are seeking public comment on their proposal to nominate 193 parcels of public land for potential oil and gas leasing in eastern Nevada.                              

Businesses Struggle To Recover After Chemical Spill

May 12, 2014 10:50 am | by JONATHAN MATTISE, Associated Press | News | Comments

Restaurants and storefronts are buzzing again in West Virginia's capital city, but many still haven't filled a financial hole after chemicals sullied their running water and forced them to close for several days in January.                     

Nebraska Biodiesel Plant To Resume Production

May 12, 2014 10:44 am | by Beatrice Daily Sun | News | Comments

An idle biodiesel plant in southeast Nebraska will soon be renovated and resume producing fuel near Beatrice.                                    

Plastics Industry Lauds R&D Tax Credit Extension

May 12, 2014 10:22 am | by The Plastics Industry Trade Association | News | Comments

In a 274 to 131 bipartisan vote, the House today passed H.R. 4438, the “American Research and Competitiveness Act of 2014,” cosponsored by Rep. Kevin Brady (R-Texas) and Rep. John Larson (D-Conn.). The tax credit expired Dec. 31, 2013.      

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Procter & Gamble Yanks "Neo-Nazi" Detergent Off German Shelves

May 9, 2014 11:45 am | by Associated Press | News | Comments

Detergent manufacturer Procter & Gamble has prompted anger in Germany after unintentionally placing a neo-Nazi code on promotional packages for Ariel washing powder.                         

Sarah Palin Defends Her Oil Tax Structure

May 9, 2014 11:42 am | by BECKY BOHRER, Associated Press | News | Comments

Former Alaska Gov. Sarah Palin defended as fair and common sense the oil tax structure she championed while in office, a system that has been dismantled by state lawmakers and her successor, fellow Republican Sean Parnell.                   

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 Donates To Tornado Recovery Effort

May 9, 2014 11:39 am | by CHRISTINA HUYNH, Associated Press | News | Comments

ExxonMobil has donated $250,000 to aid recovery efforts in the state from last week's severe storms that included a deadly tornado.                                      

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

Cargill Workers Win More Benefits

May 9, 2014 11:37 am | by Associated Press | News | Comments

The U.S. Labor Department has approved a union petition for extended unemployment and other benefits for workers of a shuttered West Texas meatpacking plant.                               

Unilever Closes Ontario Plant

May 9, 2014 11:33 am | by The Canadian Press | News | Comments

Unilever plant in Bramalea, Ont., that manufactures dry mixes for soups, sauces and other foods will close and its production capability shipped to the United States, the company announced yesterday.                                     

Changing The Tune On Asset Uptime

May 8, 2014 11:09 am | by Leah Friberg, Education and Public Affairs, Fluke Corporation | Articles | Comments

Predictive maintenance practices are entrenched in regulation-driven manufacturing sectors with high costs of downtime, such as refineries or pharmaceuticals, but for the average facility, the ROI for predictive maintenance hasn’t been there. Not all facilities have the budgets to implement a predictive maintenance system, but by incorporating smart devices they can raise the effectiveness of even a small maintenance team. 

New Consol CEO Takes The Reins

May 8, 2014 11:07 am | by ANYA LITVAK, Pittsburgh Post-Gazette | News | Comments

The transfer of power at the Cecil company's annual meeting put DeIuliis in charge of a quickly transforming company. In the past two years, Consol Energy Inc. sold off more than half of its coal mines and its barge business, replaced its top-level management, cut company headcount by 30 percent and repositioned itself as an exploration and production company first and foremost.

Lubricant Maker Buys Former Shell Facility

May 8, 2014 11:00 am | by JEFF AMY, Associated Press | News | Comments

Lubricant maker CAM2 International has bought the former Shell facility in Mississippi and plans to restart operations in coming months, hiring about 35 employees.                             

Weigh In On Natural Gas & Oil Production Survey

May 8, 2014 10:27 am | by U.S. Energy Information Administration | News | Comments

As a result of the rapid growth and shifting location of U.S. natural gas and crude oil production, the U.S. Energy Information Administration (EIA) is proposing expanding the geographic coverage of its current monthly natural gas production survey and adding collection of state-level data on crude oil and lease condensate production.

A handful of the hundreds of creditors seeking compensation from the company at the center of West Virginia's chemical spill that deprived residents of usable tap water for days questioned top executives Tuesday in bankruptcy court.

Freedom Industries Offloads Related Business

May 7, 2014 10:50 am | by JONATHAN MATTISE, Associated Press | News | Comments

The now-bankrupt company at the center of West Virginia's chemical spill wants to sell what's left at its other site to a company tied to former executives.                        

Siemens Shake Up Aims For Profit

May 7, 2014 10:47 am | by DAVID McHUGH, AP Business Writer | News | Comments

German industrial equipment maker Siemens AG has launched a sweeping restructuring to raise disappointing profits and better compete with peers such as General Electric.                     

Freeport-McMoRan Sells Eagle Ford Assets For $3.1B

May 7, 2014 10:45 am | by Associated Press | News | Comments

Freeport has been working on selling about $4 billion of its energy assets to help reduce debt and allow it to concentrate more on growth areas like the Gulf of Mexico.                      

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