Manufacturing

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
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

Appalachian Oil/Gas Services Terminal Being Marketed to Manufacturers, Potential Power Plants

A property developer that purchased the former Ormet Corp. aluminum smelting plant straddling Ohio and West Virginia for conversion into a large-scale port and central service terminal for the oil and natural gas industry is now marketing the site to manufacturers and power plant developers.

March 7, 2016
Shale Gas to Sustain Positive Impacts in U.S. Manufacturing to 2040, Says PwC

Shale Gas to Sustain Positive Impacts in U.S. Manufacturing to 2040, Says PwC

As natural gas development in U.S. shale fields continues to mature, its positive effects on domestic manufacturing are expected to escalate over the next 25 years, PwC US said Thursday.

December 12, 2014
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