Fieldwood Energy LLC ("Fieldwood") announced today the acquisition of entities comprising SandRidge Energy, Inc.'s ("SandRidge") Gulf of Mexico and Gulf Coast business unit for $750 million, based on an effective date of December 1, 2013 ...
Tags: Fieldwood, acquisition, SandRidge, Gulf of Mexico, Gulf Coast, Riverstone
FPInnovations’ Performance Innovation Transport (PIT) is bringing its popular Energotest concept to the US, with trials slated to take place Feb. 3-7 in Texas. The testing will be conducted at the Continental Truck Tires Uvalde ...
Tags: testing, PIT, transportation
Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) expects to invest between $2.8 billion and $3.1 billion in 2014, a 13% decrease when compared with the previous year. The company is focusing its capital on oil projects that are anticipated to ...
Bayer MaterialScience has increased it investment in its production sites for polyether polyols in South Charleston, West Virginia, and Channelview, Texas. Both sites produce polyether polyols - a key component in the development of ...
Tags: Bayer, Health, Medicine, Polyurethane, Polyether Polyol
Opening the U.S. Atlantic Outer Continental Shelf (OCS) to offshore oil and natural gas development could have remarkable benefits for job creation, U.S. energy security, domestic investment, and revenue to the government, according to a ...
Tags: Oil and Gas News, Offshore Energy Development, Increase Jobs
Archer Daniels Midland Company today announced a package of additional commitments related to its proposed acquisition of GrainCorp Limited. Key elements of that package are: An additional A$200 million investment to strengthen ...
A chief executive officer of a U.S. energy giant on Tuesday called for the government to remove its current ban on crude oil exports so as to lower consumer prices and stimulate further shale oil production, the Houston Chronicle reported. ...
Tags: Crude Oil, Export Ban
When the production phase of any film and non-woven happens, then it is more economic when the material losses that happen are reduced to a bare minimum. Here, we will delve into the benefits of using the 'in-line' recycling technology. ...
Tags: in-line, recycle, technology, benefit
Sappi Limited results for the fourth quarter and year ended September 2013. Strategic initiatives successfully completed and commissioned Summary -Dissolving wood pulp and speciality paper conversions commissioned and running well ...
Tags: Wood Pulp Producer, Textile
The Ontario Ministry of Transportation (MTO) announced today that a five-year extension will be granted to the transition period for most Phase 3 Safe, Productive and Infrastructure-Friendly (SPIF) vehicles, the Ontario Trucking Association ...
Tags: Transportation, Truck
Ontario has announced it will provide a five-year extension for Phase 3 Safe, Productive, Infrastructure-Friendly (cc, according to the Ontario Trucking Association. The OTA applauded the extension today, noting the changes will allow ...
Tags: Transportation, Logistic
Business owners shouldn't wait until they have to sell their business to begin the planning process, otherwise they'll "lose control of the process." Mike McCarron, M&A consultant with Wheels Group imparted that advice and more during a ...
Tags: tyre, tire, Auto Parts
Russian mining and steel producing company Evraz Group has announced that it has signed a binding agreement for the sale of the Gramoteinskaya thermal coal mine, part of its wholly-owned subsidiary Yuzhkuzbassugol Coal Company, to Lehram ...
Tags: Metallurgy, Mineral, Energy
China-based recycled polyester staple fiber products manufacturer JN Fibers Inc. will invest $45 million to set up a manufacturing facility in Richburg, S.C., to recycle used polyethylene terephthalate (PET) bottles into polyester staple ...
Tags: JN Fibers, recycled polyester, Textile
After years of oversupply, the supply and demand for solar devices is returning to a state of balance. Because of this, IMS Research is reiterating its forecast that global capital spending by producers of photovoltaic (PV) modules, cells, ...