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Author Archives: Heather Zinger

Need an oil field job? ‘Interviews’ result in arrests for 15 fugitives

Greeley police and Weld County sheriff’s deputies on Wednesday arrested 15 fugitives with 18 misdemeanor and five felony warrants being served from municipalities in Weld and Larimer counties. A joint operation of the Greeley Police Department Patrol, Greeley Police Special Enforcement Team and the Weld County Sheriff’s Office Fugitive Unit led to the arrests. The operation involved contacting wanted individuals ...

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Are electric vehicles harboring a dirty little secret?

Are electric vehicles harboring a dirty little secret? Well, it depends on who you ask and where you live. Don Anair, the research and deputy director of Clean Vehicles at The Union of Concerned Scientists, makes it clear, especially in relation to the opinion piece, Electric car benefits? Just Myths: Column, by Bjørn Lomborg, that EVs are indeed still worthwhile. ...

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New rigs help Rowan beat profit estimates

Rowan Cos Plc reported a higher-than-expected quarterly profit as the driller retained customers by deploying new ultra-deepwater rigs and lowering prices. A more than 50 percent drop in oil prices since June last year has forced producers to cut spending. In response, Rowan has lowered prices of its rigs and extended contract terms with customers to keep its rigs on ...

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The future of natural gas in America

Natural gas, once the main part of the equation in the transition from coal to renewables, has been replaced by … nothing at all. The new climate change rule for power plants suggests instead a direct transition from coal to renewables. Now, this is not the way to make friends. Especially since the gas industry held different expectations based on ...

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Frank’s International on track in second quarter

Close to 600 in job layoffs, after oil prices fell, were the prelude to Frank International’s second quarter in 2015, the results of which were announced in a press release today. Here are the highlights: Revenue was $254 million, down 8 percent compared to the first quarter of 2015, and down 7percent compared to the second quarter of 2014 International Services revenue was ...

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Driller Rowan’s quarterly profit more than doubles

drilling

Rowan Cos Plc’s quarterly profit more than doubled as the driller cut costs and ensured continued demand by deploying ultra-deepwater rigs and lowering prices. The company’s net income jumped to $84.7 million, or 68 cents per share, in the second quarter ended June 30, from $32.8 million, or 26 cents per share, a year earlier. In the prior-year quarter, a ...

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