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Higher Recovery Rates In Tight Oil Can Unlock 8 Billion Barrels In The U.S
2015-01-29 04:09:56| oilandgasonline Home Page
With oil prices dipping to $50 per barrel, and new capital spending on upstream oil and gas expected to fall by nearly a third to $436M in 2015, the future health of tight oil producers depends on their ability to improve recovery, according toLux Research.
Potash Corporation raises quarterly dividend 9% to 38 cents US a share
2015-01-29 00:45:35| Chemicals - Topix.net
Potash Corporation of Saskatchewan Inc. announced a nine per cent increase in its quarterly dividend Wednesday, a day before the fertilizer giant releases its fourth-quarter and year-end results. Saskatoon-based PotashCorp said the dividend, announced after markets closed, will rise three cents to 38 cents US per share, payable May 4 to shareholders of record on April 13. "With our potash expansion program nearing completion, our board and management team continue to review our future cash flow potential and the best opportunities to provide superior returns to our shareholders," president and CEO Jochen Tilk said in a release announcing the increase.
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Airlines begin digging out from storm in northeastern US
2015-01-28 02:07:51| Airlines - Topix.net
Airlines have already cancelled more than 500 flights for Wednesday, according to FlightAware.com. But that's a reprieve after 7,600 U.S. flights got scrubbed and another 3,200 ran late on Monday and Tuesday, mostly in the blizzard's path.
Chaucer opens new freeze-dry factory in US
2015-01-28 01:00:00| Food Processing Technology
UK-based food ingredients specialist Chaucer has opened its new, purpose-built freeze-dry factory in Portland, Oregon, US.
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McDermott's Derrick Barge 50 installs drilling and production platform in US GoM
2015-01-28 01:00:00| Offshore Technology
McDermott International's Derrick Barge 50 (DB50) has installed a drilling and production platform in the US Gulf of Mexico (GoM)
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