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Tag Archives: Inc.

Civil Construction Begins on Davis Refinery

Meridian Energy Group, Inc., a lead developer of innovative and environmentally-compliant oil refining facilities, announced that they have executed a contract with SEH Design|Build, Inc. (“SEH D|B”), a subsidiary of Short Elliott Hendrickson Inc. (“SEH”) with an office in Bismarck, North Dakota, for the performance of site and civil design and construction services for the Davis Refinery. This announcement comes ...

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Carrizo creates bigger niche in EF

The Houston-based exploration, development and production company, Carrizo Oil and Gas, Inc., announced Monday that their acquisition of additional leasehold and producing interests in the Eagle Ford Shale from Eagle Ford Minerals, LLC was finalized. The deal was closed at a value of $250 million in cash and was subject to a closing adjustment credit of $7 million. According to ...

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Billion-dollar debate in Oklahoma divorce: Was oilman just lucky?


Joshua Schneyer | Reuters NEW YORK  – For years, Continental Resources, the largest oil driller in the booming Bakken Shale formation, touted the hard work of its CEO and founder, Oklahoma billionaire Harold Hamm, as “a driving force” behind the company’s success. “Over the course of the Company’s history, Mr. Hamm has successfully grown the Company through his leadership skills ...

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AEP profits rise in second quarter, but utility leery of new rules


Dan Gearino | Columbus Dispatch Proposed federal rules regulating carbon emissions are “not credible” and threaten to make the electricity system less reliable, according to American Electric Power’s top executive. The Columbus-based utility posted an increase in profit and sales for the second quarter but faces uncertainty as the states decide how to implement the pollution rules. “The current plan ...

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A Win for Carbon Capture at NRG Coal Plant in Texas

Jared Anderson | Breaking Energy Carbon capture has been slow to fulfil the hopes held for it by a wide range of powerful energy policy players – from the Natural Resources Defense Council to the International Energy Agency – who see the technology as crucial in the fight against global warming. But its prospects in the United States got a ...

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More LNG export pipelines in the pipeline


Michael Sanserino | Pittsburgh Post-Gazette As the Federal Energy Regulatory Commission decides whether to approve Dominion Resources’ plan to convert a liquefied natural gas import facility in Lusby, Md., to an export facility, other LNG export projects are already underway and still more are lining up for permission to start work. FERC last month authorized the construction of an LNG ...

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Texas posts third year of manufacturing gains bolstered by drilling activity

John Deede | Shale Plays Media Google+ The Lone Star State added 31,198 industrial jobs to its ranks from May 2013 to May 2014, according to a manufacturers database and directory published by Manufacturers’ News, Inc. The increase added up to a 2.5 percent increase statewide. There are now  22,567 manufacturers in Texas employing 1,236,617 people. “Manufacturing is booming in Texas, particularly in oil ...

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Stocks edge lower, on track for weekly loss

NEW YORK (AP) — Stocks edged mostly lower in early trading Friday as investors assessed corporate news. Stocks are headed for their biggest weekly loss since April after ending the previous week at record levels. KEEPING SCORE: The Standard & Poor’s 500 index dropped two points, or 0.1 percent, to 1,961 as of 10:10 a.m. Eastern. The Dow Jones industrial ...

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