Dustin F. Cabrera, vice president of energy investment banking at Roth Capital Partners, is today’s featured Forty Under 40 honoree. Cabrera is an ambitious energy banker who became one of the youngest vice presidents at Roth Capital Partners when he was 26. He had joined the Newport Beach, Calif.-based firm in 2014. Today, he helps
Read More...Craig stevensPartner, DCI Group …. …. Andrew Cuomo is obsessed with pandering to environmentalists at the expense of other New Yorkers who need natural gas infrastructure and need it now. Consider: You build a brand-new home or space for your business. It’s nearing completion but your application for natural gas service is denied. How is
Read More...Ned LangPresident, Upper Delaware River Basin Citizens …. …. Ned Lang, President of Upper Delaware River Basin Citizens, has a message for residents of Long Island suffering from the New York State’s anti-gas policies. Long Island homeowners and businesses are suffering from an artificial natural gas shortage brought on by short-sighted and, frankly, perfectly senseless
Read More...Oil prices rose on Nov. 12, reversing early losses on hopes that President Donald Trump may signal progress on trade talks with China in a speech later in the day. Brent crude futures were up 31 cents, or 0.5%, at $62.49 a barrel by 0644 GMT, after dipping to as low as $61.90 earlier in
Read More...Occidental Petroleum Corp is soliciting bids for oil and gas properties in Wyoming and Colorado acquired when it purchased Anadarko Petroleum, hoping the assets will bring up to $700 million, people familiar with the matter told Reuters. Occidental offered roughly 200,000 acres in the Denver-Julesburg Basin of Wyoming and Colorado that produce $66 million a
Read More...Well-funded, out-of-state activists are threatening Oklahoma’s oil and gas resources and pipeline network, a consumer energy group warned in a recent report, CNHI News Service reported. Consumer Energy Alliance officials said the Sierra Club, Earthjustice and Food & Water Watch have operations in Oklahoma or members who are working to halt production in the state.
Read More...Big River Steel has inked a long-term steel supply agreement with solar power equipment company Array Technologies, Kallanish learns from a company release. The terms of the deal – both in dollars and in tons – were not disclosed. Big River’s Leadership in Energy and Environmental Design (LEED) certification was a major deciding factor for
Read More...Injection molder Axiom Group Inc. expects to spend $20 million to set up shop in Toledo, Ohio, an expansion that will create at least 250 jobs. The Aurora, Ontario-based company plans to locate its first U.S. manufacturing facility in the Overland Industrial Park, on redeveloped land that was once home to a Jeep plant. Regional
Read More...The companies that provide sand for hydraulic fracturing operations are the latest casualties of shale industry cutbacks as low oil prices and demands for higher investor returns stunt drilling activity. Two years ago, U.S. sand companies were racing to open West Texas mines to capitalize on a boom in oil and gas drilling, with more
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Site Selection Managing Editor Featured Speaker at Appalachian Basin Real Estate Conference Penn Valley, PA (BUSINESS WIRE) – Shale Directories announces that Adam Bruns, Site Selection magazine’s managing editor will be its featured speaker at the Inaugural Appalachian Basin Real Estate Conference 12/11 and 12 at Oglebay Resort in Wheeling, West Virginia. Bruns has been
Read More...Brent crude averaged $62.33/bbl last week, as prices rose $1.19/bbl on headline rumors about a U.S.-China trade deal. WTI increased $1.54/bbl to average $56.90/bbl. For the week ahead we expect prices to be range bound. Statements from the White House will likely dampen hopes of a U.S.-China trade deal but rumors out of OPEC are
Read More...Indonesia’s government signed on Nov. 11 a production-sharing contract with units of ConocoPhillips, PT Pertamina and Repsol SA for the Corridor natural gas blocks, Energy and Mineral Resources Minister Arifin Tasrif told reporters. The contract will extend by 20 years the current contract with the same companies that will expire in late 2023. Under the
Read More...Düsseldorf, Germany — Chinese injection press manufacturer Tederic Machinery Co. Ltd. plans to open a U.S. headquarters in the Cleveland area, as Tederic moves to become an international brand. This fall, the company hired machinery veteran Tony Firth as vice president of sales and marketing for Tederic North America Inc. One of his first tasks:
Read More...Düsseldorf, Germany — The Chinese manufacturer of Bole injection molding machinery has opened a U.S. headquarters in Stow, Ohio, near Akron, and hired Alfred Rak as president and CEO. Rak said Bole Machinery Inc. began operations about a year ago in a 25,000-square-foot building. The facility has about 30 Bole injection molding presses in stock.
Read More...Iberia, Ohio — Yizumi-HPM Corp., the U.S. unit of Chinese injection press maker Guangdong Yizumi Precision Machinery Co. Ltd., showed three new injection molding machines at an open house Oct. 30, including the Iberia operation’s first packaging machine. The parent company has been offering machines targeting thin-wall packaging for about five years, but the new
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