Expansions, acquisitions part of resin distribution news
North American resin distributors have stayed busy with expansions, acquisitions and new line card items in the last year. This post appeared first on Plastics News.
Read More...Climate Act Is A Planned Mass Exodus Event for New Yorkers
Climate Act Is A Planned Mass Exodus Event for New Yorkers Roger Caiazza (on the subject of) Independent Researcher and Publisher, Pragmatic Environmentalist of New York … [Editor’s Note: New Yorkers are already leaving the Empire State but a mass exodus is about to happen as the state’s useless Climate Act more than doubles
Read More...Patterson-UTI Closes $780MM Ulterra Drilling Technologies Deal
Patterson-UTI acquired Ulterra Drilling Technologies from affiliates of Blackstone Energy Partners in a cash and stock deal valued at about $780 million. This post appeared first on Hart Energy.
Read More...Pioneer Energy Completes Successful Emission Control Trial
Colorado’s Pioneer Energy said commercial production is expected in 2024 using emissions control treater technology. This post appeared first on Hart Energy.
Read More...Offshore Wind Developer Ørsted Eyes Challenges, Remains Optimistic
Offshore wind developers including Ørsted have faced supply chain issues, inflationary pressure and rising cost of capital as they work to scale the global offshore market. This post appeared first on Hart Energy.
Read More...What’s in this week’s issue | Aug. 14, 2023
This week’s issue of Plastics News features trends in resin distribution with Senior Reporter Frank Esposito writing: “The only thing that’s certain for resin distributors in mid-2023 is uncertainty.” Also on on the front page, Senior Reporter Jim Johnson tackled Berry Global Group’s latest quarterly earnings call where the company revealed it has closed 20 facilities, but remained
Read More...What’s Affecting Oil Prices This Week? (August 14, 2023)
Stratas Advisors expects that oil prices will moderate in fourth quarter 2023 after the increase in prices in third quarter 2023. This post appeared first on Hart Energy.
Read More...Demand on the rise for equipment, M&A services, PMG says
Plastics Machinery Group is seeing an uptick in machinery demand and doing more work in mergers and acquisitions. This post appeared first on Plastics News.
Read More...Perspective: UAW contract talks open with dueling absurd visions
As the UAW and automakers lay the groundwork for negotiations, both sides are bringing an extensive wishlist to the table, including 32-hour work weeks from the union’s side and an attempt to keep costs low for automakers. This post appeared first on Plastics News.
Read More...PGS Begins Share Buyback Program
Initiation of share buyback for settlement of performance-based restricted stock units is granted under the company’s Long Term Incentive Plan for employees. This post appeared first on Hart Energy.
Read More...4th Circuit Sees the Light, Dismisses Remaining Two MVP Lawsuits
Looks like the three Democrat judges of the U.S. Court of Appeals for the Fourth Circuit (4th Circuit) value their own jobs more than defeating the Mountain Valley Pipeline (MVP) project. On Friday, the three-judge panel that has opposed MVP in just about every decision they’ve issued since 2018 dismissed the remaining two cases against…
Read More...MVP Antis Spread Lies About Pipes Sitting in the Sun Too Long
Even though the radicalized left has been defeated in their attempts to block the 303-mile Mountain Valley Pipeline (MVP) project, they won’t go quietly (they never do). The liars of the left are trying to plant seeds of fear and doubt in the residents of West Virginia and Virginia that as soon as the remaining…
Read More...Ugly…U.S. Rig Count Drops Another 5 Rigs, M-U Drops 2 More Rigs
It’s gettin’ ugly out there. For the fifth week in a row and the 14th in the last 15 weeks, the U.S. active rig count lost rigs. Last week the number decreased by ANOTHER five rigs, after falling five rigs the week before, and five the week before that–now down to 654 active rigs across…
Read More...Epsilon Energy 2Q Update – CEO Talks About “Gnarly” Marcellus Price
Epsilon Energy, a relatively small company, used to concentrate most of its effort on developing Marcellus Shale wells. However, over the past year, the company has expanded into other plays and now owns assets in the Anadarko (Oklahoma and Texas) and the Permian (Texas and New Mexico). The company, which is traded publicly, issued a…
Read More...Louisville Gas & Elec & KY Utilities Propose 2 New Gas-Fired Plants
Last December, PPL Corporation subsidiaries Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) announced a plan to replace 1,500 megawatts of aging coal-fired generation (nearly one-third of Kentucky’s coal fleet!) with two 621-megawatt natural gas combined-cycle units along with several unreliable, intermittent solar projects (see PPL Replacing Coal-Fired Power Plants with NatGas…
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