South America offshore oil and gas development is moving into a new age as a result of massive new discoveries—particularly offshore Brazil and Guyana—and falling breakevens that make large-scale developments more financially attractive. The combination of the two has made South America offshore development one of the most attractive plays on the globe. According to a recent report by GlobalData, the
Read More...March 29, 2019 Updated 3/29/2019 Email Print New York is poised to become the second state to adopt a plastic bag ban. Lawmakers in Albany are heading to a vote on a plan that would ban plastic retail bags and give cities and counties the choice of levying a 5-cent fee on paper bags. Details
Read More...March 29, 2019 Updated 3/29/2019 Email Print Carlyle Global Partners, a long-term investment unit of the Carlyle Group private equity firm, will take a minority investor stake in the asphalt roofing and building materials business of Tamko Building Products Inc. in a transaction expected to close in the second quarter. However, Tamko’s composite decking business,
Read More...Oil price volatility is a phrase that sits at the core of oil and gas reality. Since the oil price crashed in 2014, the “lower for longer” philosophy has crystallized the industry’s thinking. By undertaking a digital transformation and standardization strategy, the industry has slashed the cost of producing a barrel of oil to allow
Read More...March 29, 2019 Updated 3/29/2019 Email Print Radva Corp. Radva Corp. is a supplier of expanded polystyrene and expanded polypropylene protective packaging and a leading recycler of EPS. Greer, S.C.-based Huntington Foam LLC will acquire the assets of Radford, Va.-based Radva Corp. to expand its reach in the region and its product offering of thermally
Read More...March 29, 2019 Updated 3/29/2019 Email Print Joe Wilssens/File photo Rich Shaffer at NPE 2015. Rick Shaffer has resigned his position as managing director of the western region of Westfall Technik Inc., the Las Vegas-based holding company that’s been on a buying spree since it was formed in 2017. The move was effective immediately, Westfall
Read More...March 29, 2019 Updated 3/29/2019 Email Print As You Sow MacKerron Following pressure from a green shareholder activist group, ExxonMobil Chemical Co. agreed March 27 to expand its public reporting around resin pellet spills from its factories. Under terms of an agreement reached with Oakland, Calif-based As You Sow, ExxonMobil will begin to report this
Read More...March 29, 2019 Updated 3/29/2019 Email Print Clearly Clean Products LLC Clearly Clean Products LLC will use the expansion of its Frackville, Pa., plant for thermoformed overwrap trays and other packaging items. Clearly Clean Products LLC, a maker of PET food trays, is expanding its thermoforming operations in the United States with the purchase and
Read More...NEW ORLEANS—Encana Corp. is moving swiftly to transfer operational learnings from full field development in the Permian Basin to the Midcontinent’s Stack play following the $7.7 billion stock and debt acquisition of Newfield Exploration Co. The transaction closed in February. Encana will initiate its first cube development program in the Stack in early April, according
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. Blue Racer Midstream assets (click for larger version) SK Holdings is one of the largest conglomerates in South Korea, and the 57th largest company in the world. Bet you didn’t know that!
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. There’s no polite way to say this: The people of Bristol, Vermont are STUPID. The Bristol Selectboard, citing a pending lawsuit by rabid anti-fossil fuel nuts, recently voted to end a license
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. There must be something in the water in New England. Today we told you about mass insanity in Bristol, Vermont, and now a story about a small community in nearby Massachusetts that
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. Earlier this month MDN told you that a plan to build a $60 million Marcellus LNG export facility on property owned by Philadelphia Gas Works was just one vote away from becoming
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. Washington County, PA Washington County, PA (southwestern part of the state) brought in $560 million in new investment, along with 725 new jobs, in 2018. The vast majority of that new investment
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. Does one government hand know what the other is doing in Puerto Rico? More to the point, is there a brain instructing either hand what to do? That’s the question we had
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