Crude oil prices fell Tuesday from five-month highs as Russian comments signaled the possible easing of the Opec+ supply-cutting deal overcame concern violence in Libya could tighten global markets, Kallanish Energy reports. A U.S. threat to place tariffs on hundreds of European goods and a downgrade by the International Monetary Fund in its global economic
Read More...President Trump today will sign an executive order designed to prevent states from blocking pipelines and other energy infrastructure by using authority they feel is afforded them under the federal Clean Water Act, Kallanish Energy reports. Under Section 401 of the Clean Water Act, companies must obtain certifications from a state before they can build federally-approved
Read More...Merrion Oil & Gas, a New Mexico-based exploration and production business, recently announced plans for a flagship project with U.S. Steel near Pittsburgh, according to Kallanish Energy. Merrion plans on drilling unconventional natural gas wells at U.S. Steel’s Edgar Thomson Works south of Pittsburgh in the Marcellus Shale. The project includes up to six wells
Read More...April 9, 2019 Updated 4/9/2019 Email Print Materials maker Chevron Phillips Chemical Co. has agreed to start providing more public reporting around pellet spills from its factories, following pressure from a shareholder advocacy group. The Oakland, Calif.-based group As You Sow said April 9 that it was withdrawing a shareholder resolution made with CP Chem’s
Read More...April 9, 2019 Updated 4/9/2019 Email Print Michael A. Marcotte From left: William Guenveur, regional sales manager, Chase Plastics; Gilberto Granados, business development manager, Chase Plastics de Mexico; Alan Arduini, vice president of sales, Chase Plastics; Marco Torres, account manager, Chase Plastics at Plastimagen 2019. Mexico City — Resin distributor Chase Plastics will add warehousing
Read More...Daniel B. Markind, Esq.Flaster Greenberg PC West Virginia’s Governor vetoed a strong bipartisan supported bill to plug up nearly 4000 abandoned oil and natural gas wells. Why? To support coal? West Virginia Governor Jim Justice made one of the most curious gubernatorial moves in recent years recently, when he vetoed a bill that would have directed
Read More...April 9, 2019 Updated 4/9/2019 Email Print Jim Johnson The grocery store chain Aldi sells heavier gauge plastic bags, but does not provide free single use bags. A deep-discount grocery store chain that mostly sells private label goods is pledging that all its plastics packaging will be “reusable, recyclable or compostable” in just a matter
Read More...Editor’s note: This article originally appeared on EnerKnol. Subscribe here. Rep. Michael Doyle, a Democrat representing Pennsylvania, introduced legislation on April 4 that would expand the solar investment tax credit to include energy storage technology for utilities, businesses, and homes. The current tax code provides the credit for battery technologies paired with a solar installations. (H.R.2096) More than
Read More...April 9, 2019 Updated 4/10/2019 Email Print Plastics News Europe Ube Corp. Europe, the Castellón, Spain-based subsidiary of Japanese chemicals company Ube Industries Ltd. announced April 9 it has acquired a majority stake in Spanish compound manufacturer Repsol SL. According to Ube, the shares were transferred in accordance with the terms of the share transfer
Read More...April 9, 2019 Updated 4/9/2019 Email Print Minderoo Foundation Minderoo Foundation chairman Andrew Forrest, center, holds up a plastic bottle while presenting at the Boao Forum for Asia on China’s Hainan Island. March 2019. A billionaire Australian businessman and renowned philanthropist wants to tax virgin resins to stop the “escalating tide of plastic waste.” Andrew
Read More...It’s Not Over Until It’s Over Jon Peters was tabbed ‘Superkid’ as a high school pitching phenom by Sports Illustrated. These days, he’s found his way around life’s change ups to establish a successful career in pipeline inspections and project management. This post appeared first on Hart Energy.
Read More...April 9, 2019 Updated 4/9/2019 Email Print Hot runner manufacturer Synventive Molding Solutions is suing Italy-based Inglass SpA, claiming that Inglass’ hot runner division, HRSflow, continues to use technology it licensed from Synventive in 2014, although after the license agreement expired Nov. 6. According to Synventive, part of publicly traded Barnes Group Inc., the license
Read More...HOUSTON—Texas Deepwater Deer Park Terminal LLC (TDWP DP), a wholly owned subsidiary of Texas Deepwater Partners (TDWP) and an affiliate of USD Group LLC (USDG), has entered into a lease agreement with Equilon Enterprises LLC dba Shell Oil Products US (SOPUS) to retrofit and refurbish the Deer Park Rail Terminal (DPRT) to load refined products
Read More...April 9, 2019 Updated 4/9/2019 Email Print Michael A. Marcotte Visitors on the first day of Plastimagen 2019. The outlook for Mexico’s economy is typically dependent on two dominant factors: the Mexican political cycle and the U.S. economic cycle. That was certainly true in 2018 and it will continue to prevail in 2019. These two
Read More...Share this article on social media: Earlier last month I [Rod Santomassimo] invested in an exclusive, small group event, 4Ds with Gary Vaynerchuck and Vayner Media. Gary Vee, as he is known, has created a lot of buzz in the marketing industry. My objective in this investment of time and money was simple: I am
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