Gulf Coast petrochemicals maker TPC Group Inc. on Monday agreed to be taken private by First Reserve Corp. and SK Capital Partners in a cash-and-debt transaction valued at $850 million.
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Shale Gas Having ‘Profound’ Impact on U.S. Economy, Says Study
Shale natural gas has dramatically transformed the outlook for U.S. energy supplies and is having “profound” economic impacts on creating jobs and stimulating growth, as well as bolstering tax revenue and reducing consumer energy costs, according to a study by IHS Global Insight.
DOE: Breakthrough Reduces Frack Chemicals in Produced Water
A breakthrough technology using an absorbent form of silica removed nearly all of the petrochemicals from water produced by hydraulic fracturing (hydrofracking) in natural gas shale wells and other geologic formations, Energy Department scientists reported late last week.
Breakthrough Reported to Reduce Hydrofrack Chemicals in Produced Water
A breakthrough technology using an absorbent form of silica removed nearly all of the petrochemicals from water produced by hydraulic fracturing (hydrofracking) in natural gas shale wells and other geologic formations, Energy Department scientists reported late last week.