Oil And Gas News / Reports
Unimin-Fairmont Santrol Merger Indicative of Increasing Frac Sand Activity
SUGAR LAND--December 15, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--This week's announcement of a merger by two frac sand miners shows how the material is big business in North America as U.S. drilling for oil and gas in shale formations increases. Unimin Corporation (New Canaan, Connecticut) and Fairmount Santrol (NYSE:FMSA) (Sugar Land, Texas) announced that they would merge into a New York Stock Exchange-listed company with expected annual revenue of $2 billion. While both companies have diverse interests in the Metals & Minerals sector, frac sand is a large part of the businesses and is expected to represent 55% of the new company's gross profits. Unimin is a wholly owned subsidiary of Belgium minerals company SCR-Sibelco (Antwerp, Belgium).

Within this article: Details of U.S. frac sand projects

Other companies featured: U.S. Silica Holdings Incorporated (NYSE:SLCA), Emerge Energy Services (NYSE:EMES)
Read More

Cenovus Keeps Capex Unchanged for 2018, Plans to Cut Work Force
SUGAR LAND--December 15, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Cenovus Energy Incorporated (TSX:CVE) (Calgary, Alberta) is keeping its planned capital spending for 2018 largely in line with its expected total spending for the current year, as it plans to cut 15% of its workforce and pay off long-standing debts. The company plans to invest between $1.5 billion and $1.7 billion in 2018, mostly to maintain production at its operations in the Alberta oil sands. Industrial Info is tracking $4.3 billion in active projects involving Cenovus, including more than $1.6 billion under construction.

Within this article: Details on some of Cenovus' highest-valued projects, including expansions at its Christina Lake facility in Alberta.

Other companies featured: ConocoPhillips (NYSE:COP), Whitecap Resources Incorporated (TSX:WCP)
Read More

Nucor Lowers Fourth-Quarter Steel Mills Earnings Estimate, Hopeful for 2018
SUGAR LAND--December 15, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Pressure from imports and weakness in the plate steel market caused Nucor Corporation (NYSE: NUE) (Charlotte, North Carolina) to lower its fourth-quarter 2017 steel mills earnings estimate, but the company said Thursday it is encouraged by market conditions heading into 2018.

Within this article: Fourth-quarter earnings guidance by Nucor Corporation.
Read More

First Large-scale Fusion Reactor Hits Halfway Mark
GALWAY, IRELAND--December 15, 2017--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Construction of the world's first commercial scale fusion power reactor has reached the half way point in Cadarache in the south of France.

Within this article: Details construction progress, project costs, technology used and partner countries
Read More

Daily News Energy Headlines from December 14, 2017
We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.

Companies featured: Total SA (NYSE:TOT), Eni SpA (NYSE:E), Plains All American Pipeline (NYSE:PAA)
Read More

China's Natural Gas Output up 3.0% in November Year-on-Year
BEIJING--December 15, 2017--Researched by Industrial Info Resources China (Beijing, China)--China's natural gas output reached 12.63 billion cubic meters in November, a 3.0% increase over the same month last year, but 12.4 percentage points lower than that in October, according to the National Bureau of Statistics.

Within this article: Latest natural gas and oil production statistics from China.
Read More

New England Set for $16.5 Billion in 2018 Project Starts
SUGAR LAND--December 14, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--The New England market region, which includes Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont, is set to begin more than $16.5 billion of industrial projects in 2018. The Power Industry, with slightly more than $9 billion in planned project starts, leads in terms of project value, followed by the Industrial Manufacturing Industry, with $3.2 billion.

Within this article: Details of some of the largest projects planned to kick off in the New England market region in 2018

Companies featured: Eversource Energy (NYSE:ES), NRG Energy Incorporated (NYSE:NRG), NextEra Energy Incorporated (NYSE:NEE), Fluor Corporation (NYSE:FLR)
Read More

EQT, Partnerships Plan More than $4 Billion in 2018 Capex, Boost Roles in Marcellus Shale
SUGAR LAND--December 14, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--EQT Corporation (NYSE:EQT) is now one of the top U.S. producers of natural gas, following a major acquisition last month, and the company expects to see its production and sales volumes grow substantially over the next two years. The company put its 2018 capital-expenditure (capex) forecast at $2.4 billion; combined with EQT Midstream Partners LP (NYSE:EQM) and Rice Midstream Partners LP (NYSE:RMP), both of which are master limited partnerships controlled by EQT Corporation, growth capex is expected to be as high as $4 billion. Industrial Info is tracking more than $781 million in active projects involving EQT, almost all of which are nearing or under construction.

Within this article: Details on two major EQT undertakings--Mountain Valley Pipeline, the Equitrans Expansion Project--and how the acquisition of Rice Energy Incorporated is expected to affect the company.

Other companies featured: EQT Midstream Partners LP (NYSE:EQM), Rice Midstream Partners LP (NYSE:RMP), NextEra Energy Incorporated (NYSE:NEE), Consolidated Edison Incorporated (NYSE:ED), WGL Holdings Incorporated (NYSE:WGL) and RGC Resources (NASDAQ:RGCO).
Read More

Tenaris Shows Off Completed Texas Steel Pipe Mill
SUGAR LAND--December 14, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Tenaris (NYSE:TS) (Luxembourg, Luxembourg) showed off its newly completed $1.8 billion seamless steel pipe mill this week in Texas to a group of local, state and federal officials. The facility can produce 600,000 tons per year of oil country tubular goods (OCTG) for the country's shale plays.

Within this article: TPCO Enterprise Incorporated's $500 million seamless steel pipe mill project.
Read More

U.K. Funds Small Nuclear Reactors and Fusion Power
GALWAY, IRELAND--December 14, 2017--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The U.K. wants to be at the forefront of the development of new nuclear power technology with the announcement of £56 million ($75.5 million) in research funding over the next three years.

Within this article: Details latest small nuclear reactor (SMR) and fusion energy funding in the U.K., related fusion projects
Read More

Latest Trends
WTI Crude Oil

BRENT Crude Oil