Düsseldorf, Germany — Injection molding machinery sales are lower this year for Billion SAS, the Bellignat, France-based company that makes all-electric presses. A slowdown in the automotive industry is giving the company “a little bit of heartache,” Billion President and CEO Korbinian Kiesl said during an interview at K 2019. “There is a kind of
Read More...Italian plastics machinery maker Negri Bossi SpA is for sale. A European machinery executive who has knowledge of the deal confirmed the information with Plastics News Oct. 20, the fifth day of the K trade show. “They did the due diligence, so there is somebody that is interested to buy the company,” the source said.
Read More...Chevron Corp. said late on Oct. 18 it is optimistic about maintaining a presence in Venezuela even amid U.S. sanctions on the country and state oil company PDVSA as part of Washington’s effort to oust President Nicolas Maduro. The company’s remarks follow an earlier report by Bloomberg that said the United States is considering extending
Read More...Royal Dutch Shell plans to sell its onshore upstream assets in Egypt’s Western Desert to focus on expanding its Egyptian offshore gas exploration, Shell Egypt said on Oct. 20. Having won three oil and two gas concessions in Egypt last February, senior executive last week told Reuters that the company would start operating the new
Read More...Russia produced more oil in September than envisaged by a global deal due to an increase in gas condensate output as the country prepared for winter, local news agencies reported on Oct. 20. Russian oil output edged down to 11.25 million barrels per day (MMbbl/d) last month from August’s 11.29 MMbbl/d but remained above the
Read More...Düsseldorf, Germany — Sales this year at Sumitomo (SHI) Demag Plastics Machinery GmbH should be 286 million euros, about 9 percent down from 295 million euros in 2018, CEO Gerd Liebig said at the company’s Oct. 17 news conference. Liebig said that decline is not that bad, given economic uncertainty caused by Brexit, new European
Read More...Keep It Grounded In Fact(American Fuel & Petrochemical Manufacturers) Keep it in the ground say fractivists and other environmental extremists, but we’ve just gotten a glimpse of that future and it’s anything but pretty. If you’ve ever wondered what life would be like if Extinction Rebellion and the other “Keep It in the
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. The Guardian Plays Word Games There is no deceit so great as self-deceit. The Guardian, which I wrote
Read More...In April 2018 Williams filed a request with the Federal Energy Regulatory Commission (FERC) to expand capacity along the mighty Transco Pipeline to increase the amount of gas the pipeline can flow to the Mid-Atlantic and Southeastern U.S by 296,375 dekatherms (296 million cubic feet) per day (see Williams Seeks OK to Expand Transco to
Read More...The Pennsylvania Dept. of Environmental Protection (DEP) has drafted up new “technical guidance” on “radioactivity monitoring at solid waste processing and disposal facilities” specifically targeted at the shale industry. Translation: new regulations for how dumps (and drillers) monitor and report on radioactivity levels from incoming loads of drill cuttings. The DEP has posted their proposed
Read More...Did you know that building just two new compressor stations in Pennsylvania will bring the state an extra $100 million in economic activity and support 680 direct, indirect and induced jobs? We sure didn’t! Last week Williams filed a newly published study with the Federal Energy Regulatory Commission on the economic impact of their proposed
Read More...Credit: WITF Harrisburg (click for larger version) A small group of southeast Pennsylvania pipeline protesters drove themselves to Harrisburg on Wednesday (using fossil fuels to get there) to demand Gov. Tom Wolf put a halt to construction of the legally-permitted Mariner East 2 pipeline, and essentially shut down the operation of the entire Mariner East
Read More...If this doesn’t beat all. New York Gov. Andrew Cuomo refused to allow a new pipeline to get built, so National Grid, the gas utility for all of Long Island and part of New York City, had to ban new customer hook-ups. Cuomo blamed National Grid and got the state Public Service Commission (PSC) to
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. A Mariner East protest held the other day was a phony baloney stupid leftist political trick that only got traction within the fractivist echo chamber. Pick an issue, take an empty Capitol Building, organize a couple dozen of the usual suspect serial protestors, give them preprinted signs, coordinate
Read More...Daniel B. Markind, Esq.Flaster Greenberg PC PG&E California blackouts, intentional, tell us so much about what is wrong with that state’s energy policies and those planned for us by anti-gas folks. Pacific Gas and Electric provided its customers in northern California with a glimpse of the future last week. Due to extremely dry conditions coupled with the
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