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Argentina & Malaysia Reach $550M Shale Deal

August 28, 2014 3:59 pm | by Associated Press | News | Comments

Argentina has reached a deal with Malaysian national oil company Petronas to help develop what is believed to be among the largest shale oil deposits in the world.                                       

Natural Gas Liquids Challenge Oil As Petrochemical Feedstock In North America

August 28, 2014 3:46 pm | by IHS | News | Comments

The increasing use of cost-advantaged natural gas liquids as a feedstock by North American...

Gas Prices Fall Heading Into Labor Day

August 28, 2014 3:29 pm | by U.S. Energy Information Administration | News | Comments

The U.S. average retail price for regular gasoline was $3.45/gallon (gal) this past Monday, the...

Rail Oil Deliveries Increase Through 2014

August 28, 2014 10:16 am | by U.S. Energy Information Administration | News | Comments

The amount of crude oil and refined petroleum products moved by U.S. railroads increased 9%...

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DuPont Fined $1.3M Over WV Chemical Leaks

August 28, 2014 10:00 am | by JOHN RABY, Associated Press | News | Comments

DuPont will pay a fine of $1.275 million to settle a federal complaint over eight chemical releases from a Kanawha County production facility, one of which killed a worker.                       

Alaska Voters Reject Petroleum Tax Repeal

August 28, 2014 9:57 am | by DAN JOLING, Associated Press | News | Comments

Alaska voters have retained a new petroleum production tax system that offers hope of increased investment and jobs but drew criticism as a giveaway to already profitable oil companies.                           

Liquid Fuel Production Growth Offsets Supply Disruptions

August 27, 2014 10:04 am | by U.S. Energy Information Administration | News | Comments

Record-setting liquid fuels production growth in the United States has more than offset the rise in unplanned global supply disruptions over the past few years, although differences in quality and location suggest that the substitution may not be exactly 1-for-1. 

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Judge Approves Sale Of 3 James River Coal Mines

August 27, 2014 9:45 am | by Associated Press | News | Comments

A bankruptcy judge has approved the sale of three James River Coal Co. mining complexes to a subsidiary of Kentucky-based Blackhawk Mining LLC.                                     

The Future Of Plastics Manufacturing In The U.S.

August 27, 2014 1:00 am | by Steve Erickson, VP of Sales & Engineering, First American Plastic | Articles | Comments

The future of plastic manufacturing in the United States is far from certain, but many trends are beginning to take shape. From the accelerating pace of 3D printing innovation to new production procedures, plastic manufacturing will likely continue to be a strong yet steadily changing segment of the manufacturing industry overall.

The Impact Of Shale Gas Acceptance On The Sensors Market

August 26, 2014 4:55 pm | by Frost & Sullivan | News | Comments

The shale gas industry holds great promise for sensors, but it is heavily dependent on government acceptance due to the numerous environmental concerns (earthquakes, pollution) associated with fracking.                 

Exploring Advances In Sustainable Manufacturing

August 26, 2014 4:02 pm | by Yale School of Forestry & Environmental Studies | News | Comments

In recent years, increasing pressure from policymakers, consumers, and suppliers has prompted manufacturers to set environmental targets that go beyond reducing the pollutants they emit from their smokestacks or discharge into rivers and lakes. 

Power Generation Company Opening New Plant In SC

August 26, 2014 10:37 am | by Associated Press | News | Comments

A Pennsylvania company that makes parts for power generation equipment is opening a new plant in Summerville, investing almost $8 million and creating 45 jobs.                          

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Cutting Emissions Pays For Itself

August 26, 2014 10:21 am | by MIT | News | Comments

Just how large are the health benefits of cleaner air in comparison to the costs of reducing carbon emissions? MIT researchers looked at three policies achieving the same reductions in the U.S., and found that the savings on health care spending and other costs related to illness can be big — in some cases, more than 10 times the cost of policy implementation.

GE Opens Fuel Cell Facility

August 26, 2014 9:52 am | by Associated Press | News | Comments

General Electric Co. is opening a new facility north of Albany devoted to the development of fuel cells.                                           

Avoiding Decision Fatigue In The Engineering Change Management Process

August 26, 2014 1:00 am | by Heatherly Bucher, Arena Solutions | Blogs | Comments

In product design and manufacturing environments, we assume decisions are based on facts and technical details. But, perhaps not always. Sometimes, it could be the wrong time of day to make one more good decision.         

Biomass Steam Plant Already Closed

August 25, 2014 4:42 pm | by Associated Press | News | Comments

When Oak Ridge National Laboratory's Biomass Steam Plant opened in 2012, it was supposed to save the lab money while also cutting pollution. But the plant had to be shut down after just a year and a half when a systems check found that some parts were already failing.

Biomass Steam Plant Already Closed

August 25, 2014 4:42 pm | by Associated Press | News | Comments

When Oak Ridge National Laboratory's Biomass Steam Plant opened in 2012, it was supposed to save the lab money while also cutting pollution. But the plant had to be shut down after just a year and a half when a systems check found that some parts were already failing.

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Vectren Division Sale Costs 120 Mining Jobs

August 25, 2014 10:06 am | by Associated Press | News | Comments

Evansville-based Vectren Corp. says 120 southwestern Indiana coal miners will lose their jobs by month's end as the natural-gas utility completes the sale of its coal-mining subsidiary.                          

U.S. Rig Count Down

August 25, 2014 9:49 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. fell 17 this week to 1,896.                                       

Dynegy To Spend $6.25B on Plant Acquisitions

August 22, 2014 10:05 am | by Associated Press | News | Comments

Dynegy plans to spend more than $6 billion to buy several coal and gas power generation plants from Duke Energy and Energy Capital Partners.                           

Airport, Chemical Company Want Spill Lawsuit Thrown Out

August 21, 2014 4:48 pm | by JONATHAN MATTISE, Associated Press | News | Comments

Plaintiffs say the Charleston airport's now-complete runway project contributed to the spill that left 300,000 residents without clean water for days.                         

U.S. Goverment Sells 400K Acres Offshore Texas

August 20, 2014 2:35 pm | by EMILY SCHMALL, Associated Press | News | Comments

The federal government has sold more than 400,000 acres in the Gulf of Mexico off the Texas coast for oil and gas exploration and development, an official with the U.S. Bureau of Ocean Energy Management said Wednesday.                  

BP plans to create a separate, more competitive business to manage its onshore oil and gas assets, including its shale operations, in the 48 contiguous U.S. states.

BP Names CEO Of U.S. Business

August 20, 2014 2:27 pm | by Associated Press | News | Comments

BP PLC said Wednesday that it has hired David Lawler as CEO of the oil and gas company's U.S. business, which is gearing up to spin off into its own separate company.                     

Exporting US Coal To Asia Could Reduce Emissions 21%

August 19, 2014 5:00 pm | by Duke University | News | Comments

Under the right scenario, exporting U.S. coal to power plants in South Korea could lead to a 21 percent drop in greenhouse gas emissions compared to burning the fossil fuel at plants in the United States, according to a new Duke University-led study.

The economic reports this week were mixed with several reports coming in weaker than expected.

Chemical Production Up In July

August 19, 2014 4:04 pm | by American Chemistry Council | News | Comments

According to the American Chemistry Council’s (ACC) U.S. Chemical Production Regional Index (U.S. CPRI), chemical production expanded by 0.4 percent in July following an downwardly revised 0.2 percent gain in June.                 

Consumer Prices Up .1% In July

August 19, 2014 10:34 am | by MARTIN CRUTSINGER, AP Economics Writer | News | Comments

U.S. consumer prices rose in July at the slowest pace in five months, held back by a drop in gasoline prices.                                           

BHP Plans Asset Split, Posts $13.8B Profit

August 19, 2014 10:14 am | by KRISTEN GELINEAU, Associated Press | News | Comments

BHP Billiton, the world's biggest miner, said it plans to split off some of its smaller assets into a separate company, as it posted a $13.8 billion annual profit.                           

Huge Utility Line Upgrade Faces Opposition

August 18, 2014 10:49 am | by KEVIN BEGOS, Associated Press | News | Comments

One of the biggest new electric transmission line proposals in decades is turning into a debate over fracking, renewable energy and the future of an aging energy grid.                            

Gov. Sean Parnell said critics of his administration's actions in a North Pole oil refinery's impending closure don't see behind-the-scenes work that could keep the refinery operating.

Alaskans Decide The Fate Of Oil Production Tax

August 18, 2014 10:22 am | by DAN JOLING, Associated Press | News | Comments

Amid a fog of conflicting claims, Alaskans head to the polls Tuesday to decide if the state's old system for taxing oil companies, passed in 2007 after some lawmakers were suspected of bribery, is better than the new system, a tax cut passed last year to try to attract investment from petroleum companies.

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