Manufacturing

With Enduring Economic Vigor, Industrial Natural Gas Demand Proves Pocket of Strength

With Enduring Economic Vigor, Industrial Natural Gas Demand Proves Pocket of Strength

Unlike home heating demand amid one of the mildest winters on record, industrial consumption of natural gas is holding relatively steady due to ongoing robust economic activity and energy needs in the U.S. manufacturing sector. Industrial gas demand averaged 24.0 Bcf/d over the 30-day period through last week, according to Wood Mackenzie data. That was…

March 20, 2024
Keystone’s Lower 48 Oil Spills Caused by Construction, Manufacturing Errors, GAO Says

Keystone’s Lower 48 Oil Spills Caused by Construction, Manufacturing Errors, GAO Says

Undetected errors during construction and manufacturing led to the two largest spills in the history of TC Energy Corp.’s Keystone crude oil pipeline system in 2017 and 2019, according to a report by the Government Accountability Office (GAO). The 2,687-mile system has transported more than 3 billion bbl of oilsands crude from Canada to Gulf…

August 27, 2021
Digital Expansion Accelerates at Halliburton, Aided by Accenture

Digital Expansion Accelerates at Halliburton, Aided by Accenture

Halliburton Co., the largest Lower 48 completions expert, is accelerating its digital supply chain and extending it into manufacturing in another collaboration with consultancy Accenture. The Houston-based oilfield services (OFS) giant has been working to advance digital deployment and integrate its systems across the value chain to enhance customer service. Plans now are to launch…

December 3, 2020

China Energy’s $83.7B MOU Sets Sights on West Virginia Shale, PetChem Projects

During President Trump’s first state visit to China, officials from West Virginia and state-owned China Energy Investment Corp., the world’s largest power company, signed an $83.7 billion memorandum of understanding (MOU) to develop shale gas and chemical manufacturing projects in the Mountain State.

November 9, 2017
Mexico Economy Expands in 2Q; Oil Exports Jump 34% January to May

Mexico Economy Expands in 2Q; Oil Exports Jump 34% January to May

Mexico’s economy posted solid growth during the second quarter, with oil exports climbing 34.4% in the first five months of 2017 year/year, according to research by the Federal Reserve Bank of Dallas.

August 14, 2017

Dow Expanding U.S. Gulf Coast Ethylene Capacity, Citing Benefit From Shale Gas Economics

Dow Chemical Co. on Thursday launched a five-year, $4 billion petrochemical buildout, mostly for U.S. projects, that would add a 600,000 metric ton polyethylene unit on the Gulf Coast and expand a new Texas ethylene cracker to create the largest facility of its type in the world.

May 11, 2017

Fracking Has Boosted U.S. Manufacturers, London Economic Study Finds

The London School of Economics and Political Science (LSE) has published a paper showing what many in the oil and gas industry already suspected: the proliferation of hydraulic fracturing (fracking) has made U.S. manufacturers more competitive.

December 22, 2016
NatGas, Oil Renaissance Bounty Ignored by Anti-Energy Groups, U.S. Chamber Says

NatGas, Oil Renaissance Bounty Ignored by Anti-Energy Groups, U.S. Chamber Says

The U.S. economy would be “much weaker” if the energy renaissance had not occurred, the U.S. Chamber of Commerce said in a report outlining the jobs and financial gains resulting from unconventional drilling. Researchers also highlighted some of the biggest benefactors: Ohio, Pennsylvania, Texas and Wisconsin.

September 22, 2016

Texas Court Denies Sales Tax Exemption for Oil/Gas Pipes, Tubing

In a blow to Texas oil and natural gas producers but a boon to state coffers, the Texas Supreme Court Friday decided not to grant a sales tax exemption for pipes, tubing and other equipment used in the energy patch.

June 17, 2016
NatGas A Manufacturing Engine, But Not Without Pipelines, Study Says

NatGas A Manufacturing Engine, But Not Without Pipelines, Study Says

Domestic natural gas production — as fuel and feedstock — is powering the U.S. manufacturing economy, and its role is only expected to grow in the coming years, according to a study by IHS Economics prepared for the National Association of Manufacturers (NAM).

May 3, 2016
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