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Falcon Fastening Solutions Saves Manufacturers 14 Percent in 2015
March 8, 2016
Falcon Fastening Solutions, Inc., a cost-reduction specialist for original equipment manufacturers (OEMs) using production components in high-volume, reports an average customer cost savings of 14.4 percent for 2015. Falcon’s services reduce waste from an OEM’s supply chain via vendor managed
Oil Rallies to Three-Month High
March 8, 2016
Brent crude hit a three-month high on Monday, extending gains that have lifted crude benchmarks by more than a third from this year’s lows on an improving global outlook and stronger sentiment for a market recovery. Front-month Brent crude futures
Dominion and Questar File Merger Applications in Utah and Wyoming
March 7, 2016
Dominion Resources, Inc. and Questar Corporation have jointly filed merger applications with the Public Service Commission of Utah and the Wyoming Public Service Commission regarding the pending combination reported February 1, 2016. The companies also provided notice of the proposed
Par Pacific Holdings Completes $55 Million Investment in Laramie Energy
March 7, 2016
Par Pacific Holdings, Inc. completed its $55 million investment in Laramie Energy, LLC on March 1, 2016. Simultaneously, Laramie completed its acquisition of certain properties in the Piceance Basin for $157.5 million. With the completion of the acquisition and related
Entergy Acquires Natural Gas-fired Generating Facility Union Power Station, Arkansas
March 7, 2016
Taking a major step toward providing additional efficient, clean energy resources for new and existing customers and modernizing the company’s power generation fleet, Entergy Corporation’s subsidiaries, Entergy Arkansas, Inc., Entergy Louisiana, LLC, and Entergy New Orleans, Inc. closed their purchase
Artemis Liquids Starts Open Season for Marcellus/Utica Rail & Terminal Project, New Jersey
March 7, 2016
Artemis Liquids LLC is holding an open season for its rail and terminal project, NJ Market ConX, to move propane from the Marcellus/Utica basin to its terminal facility on the Delaware River in New Jersey. Artemis Liquids was created to
Continental Resources and Whiting Petroleum Halting Projects in Bakken Shale Areas
March 4, 2016
Two of the largest oilers are to abandon swathes of projects in an area, which was one of the biggest drivers of the US shale boom. It marks another milestone in the cooling of the once booming US shale boom
Husky Energy Commences Operations at Edam East Heavy Oil Thermal Project, Canada
March 4, 2016
Husky Energy has commenced steam operations at the 10,000 barrels per day (bbls/day) Edam East heavy oil thermal project in Saskatchewan, Canada. Expected to produce first oil early in the second quarter, the Edam East development is the first of
Duke Energy Celebrates Construction of New Natural Gas Plant, Florida
March 3, 2016
Duke Energy hosted a groundbreaking ceremony on March 2, 2016 for the new 1,640 megawatt combined-cycle natural gas plant in Citrus County that will help serve Florida’s 1.7 million customers starting in 2018. “Building highly efficient natural gas plants is
Air Products Holds Groundbreaking Ceremony for World-Class Steam Methane Reformer, Texas
March 3, 2016
Air Products held a groundbreaking ceremony at Covestro’s Baytown, Texas facility where Air Products will invest $350-$400 million to build, own and operate a world-scale steam methane reformer (SMR). The SMR will produce hydrogen and carbon monoxide (CO) to be
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