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Tag Archives: energy industry

Governor says North Dakota is weathering energy, ag slump

north dakota economy

BISMARCK, N.D. (AP) — North Dakota Gov. Jack Dalrymple says the state’s economic strength and diversified economy is helping to weather fluctuations in the energy and agriculture industries. Dalrymple spoke Wednesday at the state’s first demographic conference, which is focusing on how demographics impact citizens, businesses and communities. The governor told the group at Bismarck State College that North Dakota has a ...

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Houston’s FMC Technologies signs $180 million deal

Houston's FMC Technologies signs $180 million deal

Houston-based FMC Technologies signed an agreement with Woodside for the design, manufacture and supply of subsea production systems for the Greater Western Flank Phase 2 Project as part of the North West Shelf Project in Western Australia. The $180 million contract includes subsea production trees, wellheads, manifolds, subsea and topside controls and flowline connection systems. According to a press release, ...

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Spate of energy industry layoffs sweeps workforce

And oil and gas worker walks along a corridor. (Image courtesy of Encana Corp)

A sustained downturn led to thousands of layoffs this week as companies struggle to weather the prolonged energy market slump. Falling oil prices forced many producers to cut costs and streamline business. The International Energy Agency said oil prices may fall further this year due to low demand and an oversupply of crude. Schlumberger Schlumberger cut 10,000 jobs and reported ...

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Donors to dark-money group include energy industry leaders

The Montana State Capitol building in Helena.

HELENA, Mont. — Donors to a secretive conservative group accused of breaking Montana’s campaign laws to influence the 2012 elections include a media mogul, a famous investment broker and leaders of the energy industry, according to records released Monday by the state. The Montana Growth Network run by former state Sen. Jason Priest was registered as a tax-exempt, issue-advocacy group ...

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Oilfield firm donates $172M in software to School of Mines

RAPID CITY, S.D. — Oilfield services company Schlumberger has donated $172 million worth of software to the South Dakota School of Mines & Technology to strengthen the school’s energy resources initiative. The Houston-based company provides technology and other support services for the oil and gas industry in areas such as western North Dakota’s oil patch. School officials say the software ...

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Effect of climate deal on Texas is up in the air

WASHINGTON — All eyes are on Paris this week as the United Nations climate summit finalizes worldwide targets to reduce greenhouse gas emissions. The plan is expected by the conclusion of the two-week summit on Friday, and it is already having a special resonance in Texas, the nation’s largest energy producer. President Barack Obama laid out the U.S. position in a ...

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Sourcewater CEO to speak at Integrated Petroleum Environmental Consortium (IPEC) November

Josh Adler, Sourcewater CEO, will discuss industry breakthrough water management solutions at the 22nd IPEC Conference in Denver on November 17th. His presentation aligns with the conference goals to improve the science of oil and gas environmental improvements. BOSTON, Massachusetts, November 11, 2015 — Sourcewater CEO Josh Adler will be speaking at the 22nd International Petroleum Environmental Conference (IPEC) on November 17th ...

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