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Judge To Decide Fate Of Oil Company's Bankruptcy

October 22, 2014 10:18 am | by Associated Press | News | Comments

A federal judge is set to decide whether to close out the case of a legally troubled oil drilling company in Kentucky.                                                     

Oil Company Acts Quickly To Replace CEO Killed In Crash

October 22, 2014 10:17 am | by Associated Press | News | Comments

French oil giant Total SA has named Patrick Pouyanne as chief executive to replace Christophe de...

Dow Chemical Beats Q3 Forecasts

October 22, 2014 10:11 am | by Associated Press | News | Comments

Dow Chemical Co. (DOW) on Wednesday reported third-quarter earnings of $937 million....

SKF To Expand, Relocate To St. Louis

October 21, 2014 10:22 am | by Associated Press | News | Comments

A company that makes industrial lubrication systems could receive state and local incentives to...

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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 Midstream Partners File For $750M IPO

October 21, 2014 10:14 am | by Associated Press | News | Comments

Shell Midstream Partners LP filed for an initial public offering that could be worth about $750 million before expenses and discounts.                                      

Fuel Reform Puts Diesel Under Market Control

October 20, 2014 11:06 am | by KATY DAIGLE, Associated Press | News | Comments

India freed diesel prices from government control Sunday while raising natural gas tariffs in the biggest-yet reform by Prime Minister Narendra Modi's government, as it aims to boost the country's economy and overhaul its energy sector.                

Halliburton Tops Wall Street Q3 Forecasts

October 20, 2014 11:05 am | by Associated Press | News | Comments

Halliburton Co. (HAL) on Monday reported profit of $1.2 billion in its third quarter.                                                            

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Platform Specialty Buys Arysta For $3.51B

October 20, 2014 11:01 am | by Associated Press | News | Comments

Platform Specialty Products Corp. is spending about $3.51 billion to buy rival chemical maker Arysta LifeScience Ltd.

Innovation Vertigo

October 17, 2014 1:00 am | by Andrew Rieser, President, Mountain Point | Blogs | Comments

A new report praises the early adoption of technologies like cloud computing as the quickest path to business success. However, in industries like manufacturing there is still trepidation in adopting new technologies and transforming old business models. An uneasiness with the pace of change and confusion over the best path forward leads to innovation vertigo...

Gas Natural Sells Its Wyoming Energy West Assets

October 16, 2014 3:22 pm | by Associated Press | News | Comments

Energy West Inc. is selling its subsidiary, Energy West Wyoming Inc. to Black Hills Corp. for $17 million.                                                      

Oil Regulator: Price Drop Could Slow Drilling

October 16, 2014 3:18 pm | by JOSH WOOD, JAMES MacPHERSON, Associated Press | News | Comments

Recent oil price drops could halt drilling in several North Dakota counties and force the state to reevaluate its budget, according to the state's top oil regulator.                                          

Senate Task Force To Aid WV Coalfields

October 16, 2014 3:14 pm | by JONATHAN MATTISE, Associated Press | News | Comments

Senate President Jeff Kessler is setting up a task force as part of a push to help West Virginia's struggling southern coalfields.                                       

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BASF Sells Textile Chemical Business

October 16, 2014 3:11 pm | by Associated Press | News | Comments

Chemical and oil company BASF SE says it is selling its textile chemicals business to Swiss-based Archroma for an undisclosed amount.                                  

Falling Oil Prices Shake Up Global Economies

October 16, 2014 10:23 am | by JONATHAN FAHEY, AP Energy Writer | News | Comments

A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices in four years.

SW Energy Snaps Up Assets In Marcellus, Utica

October 16, 2014 10:12 am | by Associated Press | News | Comments

Southwestern Energy will spend about $5.38 billion to acquire drilling assets in West Virginia and southwest Pennsylvania now owned by Chesapeake Energy.                            

EPA's Climate Rule Could Reach Far Beyond Power Plants

October 16, 2014 1:00 am | by Adam Reidel | Articles | Comments

Although carefully drafted to always reference emission reductions from power plants, since the EPA does not have the legal authority under this rule to directly regulate emissions from other sources, the new rule actually provides a pathway for states to regulate other industries and facilities through their climate change plans. 

5 Solutions For Supply Chain EHS Performance Neglect

October 15, 2014 2:34 pm | by Paul Leavoy, LNS Research | Articles | Comments

The need to manage environment, health and safety performance across organizations has never been more apparent. The increased reliance on supply chains extending across the globe, the visibility afforded by online communications and the need to improve end-to-end sustainability are compelling businesses to account for EHS performance across the supply chain.

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Ergon To Spend $150M On Refinery Expansion

October 14, 2014 5:17 pm | by Associated Press | News | Comments

The Flowood-based private company said that it would enhance parts of the refinery and expand its tank farm. It said the changes, in addition to allowing it to make more products, would allow Ergon to feed the refinery with more kinds of crude oil.

Lifting Oil Exports Ban Would Boost U.S. Manufacturing

October 14, 2014 5:06 pm | by MAPI Foundation | News | Comments

The manufacturing sector, already a leading component of the U.S. economy, would benefit significantly if the crude oil ban were lifted, according to a new study.                                             

U.S. Indexes Slide, Airlines, Energy Stocks Drop

October 14, 2014 10:09 am | by ALEX VEIGA, AP Business Writer | News | Comments

The stock market slumped on Monday, unable to shake off worries of a global economic slowdown and plunging oil prices.                                                                         

Banning Plastic Bags May Be Bad Science

October 14, 2014 1:00 am | by Chris Fox, Editor, Manufacturing.net | Blogs | Comments

California Gov. Jerry Brown recently signed the nation's first statewide ban on single-use plastic shopping bags, following the lead of more than 100 California cities and counties. The fight between environmentalists and manufacturers is not over, as the data begins to show that plastic might not be as bad as you'd think...

Targa Buys Atlas Pipeline, Atlas Energy

October 13, 2014 11:21 am | by Associated Press | News | Comments

Targa Resources is buying Atlas Pipeline Partners and Atlas Energy in a deal valued at close to $6 billion, creating a huge energy transportation and storage company.                                

Net Energy Imports At Lowest Level In 29 Years

October 10, 2014 4:13 pm | by U.S. Energy Information Administration | News | Comments

Total U.S. net imports of energy as a share of energy consumption fell to their lowest level in 29 years for the first six months of 2014.                                     

Oil Dealers Sue Over Gas Expansion Plan

October 10, 2014 3:59 pm | by Associated Press | News | Comments

Connecticut oil dealers are suing over Gov. Dannel P. Malloy's drive to expand the use of natural gas, demanding environmental reviews.                                       

Why Pennsylvania Should Not Enact A Severance Tax On Natural Gas

October 10, 2014 9:51 am | by Tracy Miller, Associate Professor of Economics, Grove City College | Blogs | Comments

As the governor’s race heats up in Pennsylvania, one of the central issues is whether to enact a severance tax on natural gas. Democratic candidate Tom Wolf has emphasized that Pennsylvania is the only state without a severance tax and critics of the status quo argue that the state is giving away resources by not imposing the tax... 

Manufacturing Set For A Strong Q4

October 10, 2014 1:00 am | by Jon Minnick, Associate Editor | Articles | Comments

Economic activity in the manufacturing sector expanded in September for the 16th consecutive month, and the overall economy grew for the 64th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. 

Dow Plunges As Energy Market Drags Down

October 9, 2014 5:19 pm | by KEN SWEET, AP Business Writer | News | Comments

Turbulence returned to Wall Street for a third day Thursday, with the Dow Jones industrial average plunging more than 250 points in late afternoon trading. Energy stocks fell sharply as the price of oil dropped again, and Gap's stock plunged after the company announced its CEO was retiring.

California Power Regulator Exits Amid Criticism

October 9, 2014 5:17 pm | by ELLEN KNICKMEYER, Associated Press | News | Comments

California's chief utility regulator, under fire over accusations of secret dealings with the state's largest utility, said Thursday he will not seek reappointment when his term ends at the end of the year.                                          

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

Alcoa Q3 Boosted By Higher Aluminum Prices

October 9, 2014 10:12 am | by DAVID KOENIG, AP Business Writer | News | Comments

Alcoa Inc. said Wednesday that third-quarter income soared as higher aluminum prices and lower costs for raw materials boosted its core primary-metals business.                                                       

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