BL

Oil tops $100, gas, grains, metals spike as Russia invades Ukraine

Global commodity prices jumped towards multi-year highs as Russia launched a full scale invasion of Ukraine, with prices responding in knee-jerk fashion despite steady export flows of Russian oil, gas, grains and metals to the West.

Read More

Industry is faced with a challenge to minimize volumes, solidification charges, and inefficiencies within industrial waste-management programs. Read More

Union workers locked out of their jobs at a Texas oil refinery for nearly 10 months voted to accept an ExxonMobil contract offer, ceding to a key company demand that it have the right to determine plant assignments. Read More

Messer commits $50 million investment in McGregor, Texas

Messer announced an over $50 million investment to build a large-scale air separation unit (ASU) in McGregor, Texas. The new ASU will operate substantially off of energy supplied from an onsite solar panel array. It is the first Messer plant to be powered by a co-located renewable energy source, helping to reduce carbon footprint. Read More

Dakota Access pipeline suffers U.S. Supreme Court setback

The U.S. Supreme Court rejected a bid led by Dakota Access oil pipeline operator Energy Transfer LP to avoid additional environmental review of a section that runs under an artificial lake and is opposed by nearby Native American tribes, leaving the pipeline vulnerable to being shut down. Read More

Permian oil output forecast to hit record high in March

Oil output in the Permian Basin of Texas and New Mexico will rise 71,000 bpd to a record 5.205 MMbpd in March, the U.S. Energy Information Administration (EIA) said in its productivity report. Read More