April 2, 2019 Updated 4/2/2019 Email Print Liz Fisher Fisher Liz Fisher was drawn to the plastics industry in particular because of her previous background in automotive interior trim. Fisher, a human resources generalist at Advanced Composites Inc. in Nashville, Tenn., worked at Commercial Vehicle Group Inc., which designs and manufactures cab-related products and serves
Read More...Upstream producers Concho Resources Inc. and WPX Energy Inc. are cashing in their stakes in the largest privately-held midstream crude operator in the Permian Basin as part of Stonepeak Infrastructure Partners’ multibillion-dollar takeout on April 2 of Oryx Midstream. Midland, Texas-based Oryx Midstream owns and operates a crude oil gathering and transportation system—the Oryx I
Read More...Tom ShepstoneShepstone Management Company, Inc. Though repeatedly warned, Grant Township let itself be used by the radical CELDF as a tool to trigger a Marxist-type revolution, and is now going to pay. Last month I wrote about how even the anti-gas Pennsylvania Attorney General’s office had identified just how dangerous the Community Environmental Legal Defense
Read More...Crude oil jumped more than 2%, to new 2019 highs Monday, with Brent crude touching $69 a barrel, after positive signs for the global economy and tighter supplies powered West Texas Intermediate and Brent prices. U.S. WTI futures settled up $1.45, or 2.4%, to $61.59/Bbl, after reaching their highest price in nearly five months, at $61.72/Bbl,
Read More...General Electric Renewable Energy held a ceremonial groundbreaking Monday in Rotterdam, The Netherlands for its behemoth 12-megawatt wind turbine. Designed as an offshore wind turbine, the GE Haliade-X 12 will be built onshore to “facilitate access for testing.” Construction of the turbine’s foundations began earlier this year. Its nacelle, blades and tower parts will arrive later this
Read More...Oilfield services firm Parker Drilling Co. announced its common stock has been approved for listing on the New York Stock Exchange. Parker expects its common stock will begin trading tomorrow under the trading symbol “PKD,” the same trading symbol used for the company’s common when it was listed previously on the exchange. Last December, the
Read More...Encino may have retained Chesapeake’s office and 110 employees; however, it’s committing to a business model of its own, according to the Canton Repository. Texas-based Encino Energy plans to focus on proven reserves and a healthier balance sheet rather than spending freely to explore new areas and accumulating debt. Encino Energy, a partner in Encino
Read More...Tasnim Al Mzaini, digital unit, Abu Dhabi National Oil Company sat down with Jessica Morales at CERAWeek by IHS Markit. Al Mzaini discussed a recent survey where ADNOC polled millennials and the future Generation Z workforce. The survey looked at where opportunity lies in recruiting, what the key drivers are and how the generations view
Read More...When you think of Saudi Arabia you think of a nation that is oil and gas rich and its current energy mix—51% oil and 49% gas—does nothing to dispel that reputation. But Paddy Padmanathan, the CEO and president of Saudi Arabia-based ACWA Power International, envisions a day soon when renewable energy sources will dominate the
Read More...... … … New Jersey’s already high electric bills are about to get higher. As the Governor proposes more renewables and subsidies, ratepayers will foot the bill. People who believe that wind and solar power are lowering their electric bills should look at New Jersey. Garden State electric bills are increasing to cover the costs
Read More...April 1, 2019 Updated 4/1/2019 Email Print Crain’s Detroit Business Dow Inc. is about to make its debut on the the Dow Jones Industrial Average, replacing DowDuPont Inc., as the Midland, Mich.-based giant breaks up into three smaller companies. The company formally spun off from DowDuPont Inc. on April 1 and on April 2 will
Read More...HOUSTON—Like other oil companies operating in an evolving energy sector, Marathon Oil Corp. remains focused on capital discipline as it optimizes development and takes advantage of the optionality that comes with being a multi-basin operator. Navigating headwinds—whether they are takeaway capacity challenges in the Permian Basin, volatile oil prices or regulatory uncertainty—and having the ability
Read More...April 1, 2019 Updated 4/1/2019 Email Print Plastics News Report Indevco Plastics Inc. Indevco Plastics Inc. makes stretch hood film for pallet wraps as well as other polyethylene films. Longview, Texas — Flexible packaging producer Indevco Plastics Inc. will invest $9.5 million and add 18 jobs at its extrusion plant in Longview over the next
Read More...April 1, 2019 Updated 4/1/2019 Email Print The founders of Silgan Holdings Inc. are stepping down as co-chairmen of the container company, clearing the way for the current CEO to take on additional responsibilities. R. Philip Silver and D. Greg Horrigan have served as chairmen of the company, both as executives and non-executives, since founding
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Investment firm BlackGold Capital Management announced late last week it has purchased Overriding Royalty Interests (ORRI) in the Utica shale of Ohio from an unnamed seller. We have a guess as to
Read More...