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Tag Archives: business

Shreveport to host Ark-La-Tex Oil Field Expo

Shreveport to host Ark La-Tex Oil Field Expo

The Ark-La-Tex Oil Field Expo will bring hundreds of qualified energy professionals together March 30-31 at the Shreveport Convention Center in Shreveport, La. Unlike other events, the Ark-La-Tex expo is free for people currently employed in the oil and gas industry. The industry-exclusive policy ensures maximum attendee relevance. Energy industry professionals can register for free admission on the event’s website. ...

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Weak U.S. inventories seen weighing on fourth quarter growth

Shoppers wait to pay in Costco in Fairfax, Virginia, January 7, 2010. REUTERS/Larry Downing

WASHINGTON (Reuters) – U.S. wholesale inventories fell in October as businesses stepped up efforts to reduce stockpiles of unsold merchandise, suggesting inventories would again be a drag on growth in the fourth quarter. The Commerce Department said on Wednesday wholesale inventories slipped 0.1 percent as stocks of both durable and nondurable goods fell. September inventories were revised down to show ...

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Riverside Research to open $7M lab expansion

Riverside Research’s $7 million expansion of its center in Beavercreek includes a multi-disciplinary laboratory environment where researchers will work to advance state-of-the-art technologies for the U.S. government. Research areas will include space propulsion and communications; non-invasive brain injury assessment; electronic warfare methods; and multi-sensor surveillance and reconnaissance, company officials said. The centerpiece of the facility is a plasma chamber, which ...

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Poland joins flock seeking business in Iran after nuclear deal

Poland

WARSAW – Poland sent a high-level delegation including pharmaceutical, chemical and railway executives to Iran on Friday, joining a string of Western states hoping to exploit opportunities opened by Tehran’s nuclear agreement with world powers. Economy Minister Janusz Piechocinski was heading a group with representatives of some 60 Polish businesses, including railway manufacturers Newag and Pesa. Poland is interested in ...

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Halliburton cuts jobs in Williston, North Dakota

job cuts

Halliburton Co, the world’s No. 2 oilfield services provider, said on Monday it has laid off staff in Williston, North Dakota, blaming plunging crude oil prices. The company provided no details on the number of employees affected. “Halliburton will continue to monitor the business environment and will adjust the size of our workforce to align with current business demands as ...

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Local consumers pumped up

Sales activity in Pueblo rose for a second straight month in February. Helped by lower gas prices, sales were up 7.7 percent from February 2014 as consumers spent more on restaurants, cars, hotels and home improvements, based on sales tax data released this week by the city of Pueblo. For the first two months of the year, sales were 6.7 ...

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Halliburton, Baker Hughes buy more sand, railcars as demand piles up

Oct 21 – As fracking accelerates in North American shale fields, oilfield services providers Halliburton Co and Baker Hughes Inc are stockpiling sand to protect themselves against rising costs and are buying more railcars to transport the haul. Halliburton, the world’s largest provider of fracking services, is more than doubling its railcar fleet and capacity for sand terminals – where ...

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2014 Shale Insight Conference kicks off

shale insight conference logo

Shane Thielges | Shale Plays Media Today marked the beginning of the 2014 Shale Insight Conference, an annual shale development forum hosted by the Marcellus Shale Coalition, an industry advocacy group. The conference offers a venue for energy companies and related businesses to share information on the state of the shale gas industry as well as providing workshops, public affairs ...

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Miller Energy Resources names new CEO

miller energy resources

Knoxville New Sentinel A leadership shake-up at a Knoxville oil-and-gas company took another step forward on Monday. Miller Energy Resources said Monday that Carl F. Giesler has been named as Miller’s CEO and a member of the board. Former CEO Scott Boruff has been named executive chairman of Miller, while former chairman Deloy Miller — the founder of the company ...

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