Low natural gas prices and a “responsive regulatory environment” have prompted Australia’s Incitec Pivot Limited (IPL) to devote $850 million toward the construction of a world scale ammonia manufacturing plant on a brownfield site in Waggaman, LA, the company said Wednesday.
Pivot
Articles from Pivot
Baker Hughes ‘Cautiously Optimistic’ on North America
When North American producers pivot back to natural gas targets, which they inevitably will do at some point, Baker will have “all hands on deck,” Baker Hughes Inc. CEO Martin Craighead said Friday.
July 23, 2012
Apache Expands Drilling Plans in Permian, Anadarko Basins
Apache Corp.’s decision to pivot from North American natural gas basins to liquids targets paid off handsomely in 2011, and there are no plans to turn back, CEO G. Steven Farris told financial analysts on Thursday.
February 17, 2012
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