The front-month Brent/WTI spread narrowed Thursday to its lowest level in more than 20 months, dropping under $1/barrel as NYMEX crude broke above resistance levels on recent stock drops and an equities euphoria. The September Brent/WTI ...
Tags: Prompt Brent, Chemicals
Cattle on the Schilke Ranch in northwestern North Dakota, located on Bakken Shale. Photo: Jacki Schilke In the midst of the domestic energy boom, livestock on farms near oil-and-gas drilling operations nationwide have been quietly falling ...
Tags: Agriculture, Food
Nearly a decade after re-entering the US Gulf of Mexico and five years into its shale play foray onshore, Statoil is now an operator in both arenas, a coup for the Norwegian company best known for harsh-environment marine operations. ...
Tags: Statoil, foray onshore
Quality Bicycle Products has hired Amber Schult as western regional sales manager. She will manage outside sales reps and account managers. The distributor now has three regional managers that make up its national sales force — Schult ...
Tags: Transportation, bike
The American Coatings Association (ACA) is seeking nominations for the Joseph J. Mattiello Lecture Award, to be presented at its American Coatings Conference, April 7-9, 2014, in Atlanta, Ga. Nominations must be received by Aug. 31, 2013. ...
Tags: ACA, Mattiello Memorial Lecture, Construction&Decoration
Production of light, sweet crudes from unconventional oil fields in the US is ramping up so fast that at some point it will outpace the country's refining capacity and -- at least for the Gulf Coast -- this could occur within two years, a ...
Tags: Metallurgy, Mineral, Energy, oil, Sweet Oil
Southwest Engineers Inc is working with Earthwater Resources Inc on a major project in the Bakken Shale oil and gas zone in North Dakota, USA. The project includes drilling and transporting water from a previously undiscovered, ...
Tags: Metallurgy, Mineral, Energy
Marathon Oil's newly announced CEO will bring international experience to enhance the company's global operations, analysts said Thursday. Long-time leader Clarence Cazalot is stepping down as president and CEO on August 1, after 14 years ...
Tags: Marathon CEO, Chemicals
The US Department of Interior on Thursday extended the comments deadline for a proposed rule governing hydraulic fracturing on public lands by an additional 60 days after industry groups protested the original 30-day comment window. ...
Tags: US, Chemicals, Federal Fracking
NYMEX parent CME Group will likely implement additional quality specifications on its light sweet crude futures starting with the January 2014 contract, a member of the Crude Oil Quality Association's board said Thursday. CME plans to ...
Tags: Metallurgy, Mineral, Energy, Petroleum
The rapid pace of new US crude production has traders scrambling to assess constantly moving crude differentials as supporting infrastructure grows and changes the dynamics. Not long ago, there was too much crude in Cushing, Oklahoma, the ...
Tags: US Debottlenecking, Chemicals
E-commerce trade group NetChoice takes aim at state legislation -- and at open access and privacy advocates -- in the newest list of bills it deems would be awful for the Internet. Topping NetChoice's latest iAWFUL (Internet Advocates' ...
GE's new Evolve™ LED Scalable Cobrahead lighting fixtures have been installed by Xcel Energy in the city of West St. Paul, Minn., as part of a utility-initiated implementation of LED street lights. Xcel Energy will monitor performance ...
EAST CLEVELAND, Ohio - May 16, 2013 - GE's new Evolve™ LED Scalable Cobrahead lighting fixtures have been installed by Xcel Energy in the city of West St. Paul, Minn., as part of a utility-initiated implementation of LED street ...
Tags: GE LED streetlight, LED, Lighting
The U.S. tech industry added 67,400 jobs in 2012, a 1.1% increase from a year earlier, according to a report from the TechAmerica Foundation. The tech industry's growth slightly outpaced the overall private sector in the U.S., which grew ...
Tags: Tech Employment, America, Computer Products