Every year budgets get tighter and costs go up — no matter what business you’re in. In manufacturing, where aging equipment is a given and energy rates are a cost center of sometimes epic proportions, it’s no wonder management looks for more efficient ways to churn out product. There are so many factors in an overall equipment strategy that it begs the question: just how important is energy efficiency to the average manufacturer?
Noble Energy Inc. (NBL) reported earnings that decreased by 49 percent in its second quarter and beat analysts' expectations.
Last year was the third year in a row that North American refineries showed considerably higher profitability than European refineries as measured by earnings per barrel processed.
QR unitholders will receive approximately 72 million common units of Breitburn Energy Partners LP, or 0.9856 of a Breitburn unit, for each unit of QR Energy that they own. The consideration to be received by QR unitholders is valued at $22.48 per unit, a 19 percent premium to Wednesday's closing price of $18.87.
This issue of IMPO focuses on improving energy efficiency in your facility, takes you inside KitchenAid's stand mixer factory and discusses the best uses for mobility in a manufacturing setting.
A $30 million biomass plant proposed for Athens has won certification from a state financing agency for $12 million in state tax credits, a step forward for a project that could mean saving or creating about 200 jobs and boosting the local tax base.
Know someone who’s feeling the heat at work-literally? Cintas Corporation and The Sqwincher Corporation, a leader in electrolyte replacement drinks, launched its “Hottest Job in America” contest for employees in high-heat environments. The prize package includes cooling products and a pair of NFL tickets.
A major challenge in renewable energy is storage. A common approach is a reaction that splits water into oxygen and hydrogen, and uses the hydrogen as a fuel to store energy. Scientists have developed a new method for maximizing the catalyst's contribution by chemically 'peeling off' only its active surface and excluding its bulk from the reaction.
The head of Pennsylvania's Department of Health said Wednesday that its experts are responding to health complaints related to natural gas drilling, but there is no quick and easy way to answer questions about the issue.
The company will install technology to help settle allegations it violated the federal Clean Air Act by failing to get permits and installing less-than-best pollution control technology at its plants.
Shell announces its third major discovery in the Norphlet play in the deep waters of the Gulf of Mexico with the successful Rydberg exploration well.
Rutgers researchers have developed a technology that could overcome a major cost barrier to make clean-burning hydrogen fuel – a fuel that could replace expensive and environmentally harmful fossil fuels.
Q2 2014's global M&A targetting the Energy, Mining & Utilities (EMU) sector recovered from a subdued Q1. Deal value increased 68.8% to US$ 143.8bn with 400 deals, up from 345 deals at US$ 85.2bn Q1 2014 and marking the hitest valued quarter in over a year (Q4 2012 valued at US$ 190.4bn).
New Jersey officials have approved $260 million in incentives to bring a manufacturing facility and 395 jobs to Camden, a city that ranks among the most impoverished in the country.
A company that makes components for power plants is seeking a $260 million, 10-year New Jersey tax incentive to do business in Camden in a deal that would be the third-most lucrative business incentive package ever from New Jersey's state government.
Three people have been arrested in a protest at a wood-burning power plant in Eugene, Oregon.
Ameren Missouri has told state regulators it will shut down the 61-year-old Meramec coal-fired plant in Oakville by 2022, or possibly sooner pending stricter rules on greenhouse gas emissions.
None of Kentucky's coal-fired power plants will close because of new emission standards released last month by the Environmental Protection Agency, a state official told lawmakers.
Electricity is a crucial component in commercial and industrial environments because many business processes rely on electric-powered equipment. The prevalence of electrical equipment in the workplace can become an occupational hazard without safety awareness and precautionary practices in place.
On Monday, June 30, the national average retail gasoline price was $3.70 per gallon. Although this is the highest average heading into the Fourth of July holiday since 2008, gasoline prices in 2014 have remained well below the spring peaks reached in each of the previous three years.
A farmer-owned ethanol plant in northwest Iowa is the first commercial facility in the state to make the fuel additive from something other than corn starch.
The new battery – which uses no metals or toxic materials – is intended for use in power plants, where it can make the energy grid more resilient and efficient by creating a large-scale means to store energy for use as needed.
With the 2014 hurricane season now underway, the U.S. Energy Information Administration (EIA) is making it possible for the public to track from all types of mobile devices the power plants, oil refineries and other critical energy infrastructure that are in the path of significant weather events.
Installed in 2010, two majestic, wind turbines now are a distinct part of the Bacardi landscape – and the environmental consciousness – at the world's largest premium rum distillery in Catano, Puerto Rico, just outside San Juan.