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Could Wyoming's Oil Boom Be Over Before It Started?

December 2, 2014 11:46 am | by By BENJAMIN STORROW, Casper Star-Tribune | News | Comments

Plunging oil prices are prompting companies to shelve expansion plans in the Cowboy State, raising doubts over the future of Wyoming’s fledgling oil boom. Industry executives and observers said they expect drilling in Wyoming to slow after a 40 percent drop in price, months of tepid global demand and news that the Organization of Petroleum Exporting Countries cartel will not curtail production.

Turkey, Russia Look to Shake up Gas Market

December 2, 2014 11:06 am | by SUZAN FRASER, Associated Press, PABLO GORONDI, Associated Press | Articles | Comments

Spiraling tensions between Europe and Russia were behind Moscow's decision to scrap the South Stream pipeline, which would have traveled through many Balkan states. Countries in the region on Tuesday were counting the political and financial cost of the shift.  

Ukraine Gets Loan To Modernize Pipelines

December 1, 2014 11:40 am | by Peter Leonard, AP | News | Comments

These upgrades could lower the cost of transporting fuel by 20 percent. The loan is being provided to state-owned pipeline operator Ukrtransgaz by the EU's lender, the European Investment Bank. This could help the reliability of the pipeline and lessen the influence of Moscow-backed plans.

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Homeowners Near Detroit Refinery Feel Neglected

December 1, 2014 11:32 am | News | Comments

Neighborhoods bordering a Marathon oil refinery have been in decline - dealing with abandoned homes, increased crime and the odor, noise and dust that come with living near a refinery. Interstate 75 is nearby, along with a wastewater treatment facility and railroad tracks - all of which have driven down property values.

Court Rejects Appeal In Iowa Pollution Case

December 1, 2014 11:26 am | News | Comments

The justices have let stand an Iowa Supreme Court ruling that said residents could bring a nuisance lawsuit against Grain Processing Corp., which operates a corn processing plant in Muscatine.           

Illinois To Be Home Of New Corn Protein Extraction Plant

December 1, 2014 11:13 am | by Joanie Stiers, The (Galesburg) Register-Mail | News | Comments

Zein proteins make up about 40 percent of the total protein in corn. After extraction, it appears as a pale-yellow powder that can be used for biodegradable plastics, paper coatings, food packaging, antioxidants, medical devices, pharmaceutical products, food and cosmetics.

What Is OPEC Thinking?

November 26, 2014 10:40 am | by Jonathan Fahey, AP Energy Writer | News | Comments

There is political upheaval across the Middle East, Iran is suffering under Western sanctions, and surprising growth in oil production outside of OPEC is sapping badly-needed revenue. Crude has fallen 32 percent in five months, reducing OPEC revenues by nearly $1 billion a day.

Wyoming Opens Door To More Gas-Liquid Conversion Plants

November 26, 2014 9:52 am | News | Comments

The Wyoming Legislature's Joint Minerals, Business and Economic Development Interim Committee voted 13-1 to sponsor a bill that would allow the state to buy natural gas and then contract with a plant to convert it into more expensive products, such as diesel.

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EIA: Gas Prices Lowest Since '09 Thanksgiving

November 26, 2014 9:36 am | News | Comments

The national average is 47 cents lower than a year ago, and the lowest price heading into a Thanksgiving holiday since 2009. AAA estimates that during this Thanksgiving holiday weekend 41.3 million people in the United States will travel more than 50 miles from home by car.

MAPI: Production To Outpace GDP Growth

November 25, 2014 12:03 pm | Articles | Comments

Manufacturing production is expected to outpace GDP, with anticipated growth of 3.5 percent in 2015 and 3.9 percent in 2016. A five-year horizon shows that GDP is expected to average 2.8 percent growth and manufacturing production 3.26 percent growth.

U.S. Steel To Build New HQ In Pittsburgh

November 25, 2014 11:46 am | by Joe Mandak, AP | News | Comments

The new five-story building will house U.S. Steel's 800 headquarters employees for at least 18 years, with an option to extend the lease beyond that. The plan solves several interlocking problems for U.S. Steel, the NHL's Pittsburgh Penguins and the city.

Proposed Rail Terminal Would Be The Largest For Oil In The U.S.

November 25, 2014 11:34 am | News | Comments

A proposed oil terminal in Vancouver, Washington would handle more crude than any single rail facility in the U.S. Vancouver Energy, a joint venture, would handle an average of 360,000 barrels of oil per day, or up to four trains daily.

EPA Thinks Coal Plants Should Spend $2B To Cut Emissions

November 25, 2014 11:15 am | by Emily Schmall, AP | News | Comments

Regulators said that the largest coal-fired power plants in Texas should invest more than $2 billion in new technology to reduce sulfur dioxide emissions, but the state's coal regulator said the plan would increase costs for consumers while doing little for the environment.

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Profire Energy Acquires VIM Injection Management

November 24, 2014 11:25 am | News | Comments

Profire Energy, a technology company that creates, installs and services burner management systems and other combustion technologies for the oil and gas industry, has acquired the assets of VIM Injection Management, an oilfield chemical-injection technology company.

Pryor To Retire As President Of ExxonMobil Chemical

November 24, 2014 11:17 am | News | Comments

Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation has elected to retire on January 1, 2015, after more than 44 years of service.                                          

Clariant Reduces Carbon Footprint In Supply Chain By 65 Percent

November 24, 2014 10:14 am | News | Comments

Through supply chain analysis and planning involving their Oil Services business and its regional procurement team, the company partnered with the manufacturer of a subsurface chemical and switch from bulk tanker truck deliveries to intermodal transport.

Plant's Killer Chemicals Not Mentioned During 911 Call

November 24, 2014 9:56 am | News | Comments

Emergency management officials say it's clear that the response was inadequate and slow, especially given the scope of the disaster. The accident site had been plagued with recurring maintenance problems, and workers lacked quick access to breathing equipment that could have saved them.

Explosion On Gulf Platform Kills 1, Injures 3

November 21, 2014 11:31 am | by The Associated Press | News | Comments

An explosion occurred on an offshore oil and gas platform in the Gulf of Mexico on Thursday, killing one person and injuring three.                    

Report: Bird Needs Buffer From Drilling

November 21, 2014 11:19 am | by Matthew Brown, Associated Press | News | Comments

A government study with significant implications for the U.S. energy industry says the breeding grounds of a struggling bird species need a 3-mile or larger buffer from oil and gas drilling, wind farms and solar projects.     

PG&E Fined $10.8M Over Calif. Natural Gas Blast

November 21, 2014 11:12 am | by The Associated Press | News | Comments

Pacific Gas and Electric Co. has been fined $10.85 million for a March natural gas explosion that destroyed a cottage in Carmel.                     

Dow Chemical Agrees To Add Board Members

November 21, 2014 11:04 am | by The Associated Press | News | Comments

Dow Chemical Co. has agreed to add four new members to its board of directors after pressure from hedge fund activist Daniel Loeb's Third Point.                  

Tribal Head To Speed North Dakota Pipeline Talks

November 21, 2014 10:57 am | by James MacPherson, Associated Press | News | Comments

The new leader of North Dakota's oil-rich Three Affiliated Tribes is pledging to speed negotiations on a proposed pipeline through tribal land that would curb the wasteful burning of natural gas in the state by more than 10 percent.   

EPA Approves 2 Permits For Texas Resin Plant

November 20, 2014 11:58 am | by The Associated Press | News | Comments

The Environmental Protection Agency has issued two final greenhouse gas permits for a planned $1 billion resin processing plant in South Texas.                  

U.S. Consumer Prices Unchanged In October

November 20, 2014 11:28 am | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. consumer prices were unchanged in October as a fourth straight decline in gasoline costs helped to keep inflation at bay.                     

Why Configurability Matters For Manufacturing Software

November 20, 2014 11:20 am | by Katie Hilyar | Articles | Comments

Cloud software has tremendous potential to help small- and medium-sized manufacturers compete with large enterprises. But what if that software assumes that you want to operate just like them?          

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