Brown Machine launches interface portal for thermoformers

Ohio River Corridor

Brown Machine launches interface portal for thermoformers

Beaverton, Mich. — Brown Machine Group (BMG) has launched a web- and app-based portal to access process data in thermoforming and product handling applications for both new installations and as a retrofit for most BMG machinery from the past several decades. The platform, which is called Advanced Digital Readiness (ADR), enables operators, maintenance personnel and

Read More...

Motion Industries building $11.2M Alabama facility for engineers, shops

Birmingham, Ala. — Birmingham-based Motion Industries Inc., a distributor of maintenance, repair and operation replacement parts, as well as industrial technology solutions, broke ground on an $11.2 million, 104,000-square-foot shop facility in Irondale, Ala. Company officials and local officials attended the socially-distanced event to mark the first stages of construction, which are underway. First announced

Read More...

Kickstart: Welcome to the VUCA economy

Are you in the forecasting business? Not the weather, but business. (And isn’t everyone from CEOs to entrepreneurs and investors to engineers just doing their best to forecast what the market will need?) As you well know, the past year has defied expectations, but with a new administration in Washington and vaccines making their way

Read More...

Hydraulic Fracturing Equals Energy Security: A Ban Would Be Insane

Tom ShepstoneShepstone Management Company, Inc. … … The Department of Energy just issued a comprehensive report about the dangers of banning hydraulic fracturing in this country. The Executive Summary follows: Abundant American oil and natural gas reserves are a strategic asset in driving sustained, long-term economic growth, achieving environmental goals, and enhancing the national security

Read More...

Biden Set to Rejoin Paris Climate Accord, Impose Curbs on US Oil Industry

Incoming U.S. president Joe Biden will announce America’s return to the international Paris Agreement to fight climate change on Jan. 20, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming. The announcements will also include a sweeping order to review all of ex-President Donald Trump’s actions

Read More...

Occidental Petroleum Claims Green Push ‘Does More Than Tesla’

2020 Shale Technology Showcase In this special section, E&P highlights the latest technologies from more than 30 companies, showcasing how these tools are used for developing shale resources and how companies will benefit from the application of these advanced tools on their operations. This post appeared first on Hart Energy.

Read More...

Key Takeaways from the SCOTUS Baltimore Climate Case Hearing

Today’s arguments before the U.S. Supreme Court in the City of Baltimore’s climate litigation case went as both parties expected –  focused on an arcane procedural rule. The Supreme Court justices raised an array of questions, delving into the procedural questions at hand as well as the broader questions of the underlying case. In the

Read More...

Trump Administration Issues Last-minute Drilling Leases in Arctic Refuge

The Trump administration said on Jan. 19 it had issued drilling leases on more than 400,000 acres (160,000 hectares) of Alaska’s Arctic National Wildlife Refuge (ANWR), delivering on a promise to fossil-fuel proponents on President Donald Trump’s last full day in office. Formal issuance of the leases by the U.S. Bureau of Land Management (BLM)

Read More...

OPEC ‘Cautiously Optimistic’ Oil Market Will Recover in 2021

OPEC’s secretary-general said on Jan. 19 he was cautiously optimistic the oil market would recover this year from the slump in demand brought on by the coronavirus pandemic. Monthly meetings of OPEC and allies led by Russia—a group known as OPEC+—are there to stop an imbalance from re-emerging, OPEC’s Mohammad Barkindo told a virtual forum.

Read More...

EIV Capital, ARM Energy Launch Upstream Investment Platform

EIV Capital LLC and ARM Energy Holdings LLC formed a partnership on Jan. 13 focused on acquiring passive oil and gas interests across the Lower 48. The upstream joint venture, ARM Resource Partners LLC, will be led by Claire Harvey, an industry and investment veteran. Harvey most recently founded Gryphon Oil and Gas, a Blackstone-sponsored

Read More...

Oil and Gas Industry Stung by Biden’s Expected Blow Against KXL

Even if it was expected, the report that the incoming Biden administration would rescind the Keystone XL’s (KXL) cross-border permit—effectively killing the 12-year-old project—was a blow to the oil and gas industry’s system. Announced 12 years ago, TC Energy Corp.’s KXL is designed to move up to 830,000 bbl/d of Canadian crude from Alberta to

Read More...

Proto Labs to buy e-commerce company 3D Hubs for $280M

Maple Plain Minn.-based prototype and digital manufacturing specialist Proto Labs Inc. will purchase Amsterdam-based 3D Hubs Inc., an e-commerce software company, for $280 million. The deal is expected to close by the end of January. Once 3D Hubs, which uses software to match customers’ needs with manufacturing partners, is integrated with Proto Labs, customers “will

Read More...

NGL Energy Partners Provides Update on Extraction Bankruptcy

NGL Energy Partners LP provided an update on Jan. 19 regarding its global settlement with Extraction Oil & Gas Inc. following its expected emergence from bankruptcy. Extraction Oil & Gas is a customer of Grand Mesa Pipeline LLC, a subsidiary of NGL Energy Partners that provides takeaway capacity for crude oil producers in the Denver-Julesburg (D-J)

Read More...

IndustryVoice: Case Study—Using AI-powered rig scheduling software to reduce cost and increase efficiency

The industry downturn has spurred exploration and production companies to find new ways to reduce cost and increase efficiency. The legacy approaches used for scheduling and analyzing drilling programs are a key place to look for opportunities to improve operational processes and reduce cost, since drilling represents the majority of the dollars expended in monetizing

Read More...