Here’s something we didn’t know (to further depress us): It’s not against the law for American-based nonprofits to accept big contributions from foreign entities. It should be against the law, but it’s not. We previously told you that the Sierra Club and National Resources Defense Council (NRDC) are funded, in part, by Russia (see Anti-American
Read More...NATIONAL: In 2019, the U.S. imported $13 billion of energy goods from Mexico, exported $34 billion; U.S. out of Paris agreement as country’s political future uncertain; Energy and race: the media’s new intersectionality; Biden would “transition” your standard of living.This post appeared first on Marcellus Drilling News.
Read More...The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions. Kaiser-Francis Oil Co. retained EnergyNet for the sale of an operated package of assets in Oklahoma’s Ellis County through an auction closing Dec. 2.
Read More...John Kemp is a Reuters market analyst. The views expressed are his own. LONDON—Oil futures prices have started to signal OPEC+ may have to do more to offset a second wave of coronavirus and a renewed economic slowdown. Between mid-September and mid-October, Brent’s six-month calendar spread had been tightening, a signal traders expected production to
Read More...Whenever something major happens that puts critical products in short supply, two things inevitably follow. First, there is a major “coming together” with diverse groups, companies and organizations forming unlikely collaborations to get done what needs to be done. That definitely occurred this year with the onslaught of the novel coronavirus pandemic. It was amazing
Read More...Oil prices fell on Nov. 5 as Democrat Joe Biden edged closer to the White House in a nail-biting U.S. presidential election, though doubts remain over further huge stimulus to bolster the economy in the face of the coronavirus crisis. Brent crude fell 20 cents, or 0.4%, to $41.03 a barrel by 1325 GMT and U.S. West Texas Intermediate (WTI)
Read More...Leading interiors supplier Yanfeng Automotive Trim Systems has repeatedly gotten the same question from automakers since debuting its futuristic Experience in Motion 2020 (XiM20) concept last year: “What does this have that we can put into our next-generation models?” The answer is inside the recently launched version, XiM21, which has production-ready features such as zero-gravity
Read More...Forum Energy Technologies has secured an order to supply specialist subsea equipment for a major cable maintenance project in South East Asia on Nov. 4. The contract, which was awarded through Forum’s local representatives, will see the company deploy a Perry XT500 trenching system and Dynacon Launch and Recovery System as well as associated surface power
Read More...Turkey began drilling at a second borehole in a Black Sea natural gas field where it made its largest ever discovery earlier this year, Energy Minister Fatih Donmez said Nov. 5. In one of the world’s biggest finds this year, Turkey said in an update in October it discovered 405 billion cubic meters (Bcm) of
Read More...Polypropylene resin prices have increased for the fifth consecutive month. North American PP prices ticked up an average of a half cent per pound in October, according to market sources contacted by Plastics News. Prices were up 3 cents in September and now have moved up a total of 14.5 cents since June. The October
Read More...Louise, Texas — Brian T. McGuirk, 69, who had more than 30 years of sales experience in the plastics industry, died Oct. 28 in Louise after a four-year battle with cancer. McGuirk was most recently technical sales manager for Houston-based Neutrex Inc.’s Purgex purging compounds since 2006. The company called McGuirk “a walking encyclopedia” who
Read More...Honey Harbour, Ontario — Rodion “Rod” Monster, who had a decades-long career in plastics compounding and distribution in Canada, died Oct. 30 at age 75. Monster was born in The Hague, Netherlands, during the last few months of World War II. He was born on the dining room table, and his father, who was hiding
Read More...If you’re near Bartow, Fla., you can check in on a new development in plastic pipe production. Australia’s Tubi Ltd. has launched modular pipe production on land leased from customer Mosaic Co., producing 500-foot lengths of pipe used in phosphate mining wastewater systems. Tubi’s patented “mobile modular extrusion system” allows the company to turn out
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. The New Fortress export facility is being fought by the Delaware PovertyKeeper because it’s key to so much regarding natural gas. Our buddy, Jim Willis, from Marcellus Drilling News, has an excellent piece explaining so much of why the Delaware PovertyKeeper a/k/a Riverkeeper is so adamantly opposed to
Read More...John Brawley, executive vice president and CFO of Maverick Natural Resources LLC, is today’s featured Forty Under 40 honoree. Maverick Natural Resources is a Houston-based E&P focused on the development and production of long-lived oil and gas reserves throughout the U.S. The company emerged from the restructuring of its predecessor and large public MLP, Breitburn
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