Industries

Atlas Energy Inc. has taken on India’s largest company by market value, Reliance Industries Ltd., as a drilling partner in the Marcellus Shale in a transaction worth an estimated $1.7 billion, the companies announced Friday.

Following a second quarter that saw performance declines across its businesses, drilling and oil field services, Nabors Industries Ltd., is ready for the economy and the industry to turn around. When will that be? The third quarter could put a floor under declines and mark the beginning of a recovery, CEO Gene Isenberg said, but he’s not particularly bullish.

Following a second quarter that saw performance declines across its businesses, drilling and oil field services firm, Nabors Industries Ltd., is ready for the economy and the industry to turn around. When will that be? The third quarter could put a floor under declines and mark the beginning of a recovery, CEO Gene Isenberg said, but he’s not particularly bullish.

The state of Colorado is seeking $10 million in federal money to expand the use of natural gas vehicles (NGV) in industries such as waste disposal and public transit, Gov. Bill Ritter said. The state’s project would be linked with efforts in other states to promote natural gas as a vehicle fuel.

The state of Colorado is seeking $10 million in federal money to expand the use of natural gas vehicles (NGV) in industries such as waste disposal and public transit, Gov. Bill Ritter said. The state’s project would be linked with efforts in other states to promote natural gas as a vehicle fuel.

MDU Resources Group Inc. has agreed to acquire Intermountain Gas Co. from privately held Intermountain Industries Inc. in a cash-for-stock transaction. The acquisition grows MDU’s utility customer base to more than 900,000.

MDU Resources Group Inc. has agreed to acquire Intermountain Gas Co. from privately held Intermountain Industries Inc. in a cash-for-stock transaction. The acquisition grows MDU’s utility customer base to more than 900,000.

During a conference call with analysts following the release of disappointing third quarter results last week, Nabors Industries Ltd. CEO Gene Isenberg said the outlook for the North American drilling rig market isn’t particularly attractive for next year either, but if there is further decline in 2008, it likely won’t be as bad as the 2006-2007 period.

During a conference call with analysts following the release of disappointing third quarter results Tuesday, Nabors Industries Ltd. CEO Gene Isenberg said the outlook for the North American drilling rig market isn’t particularly attractive for next year either, but if there is further decline in 2008, it likely won’t be as bad as the 2006-2007 period.