Bloomberg News (11/3, Kaskey) reported that after enduring years of under-investment, the US chemical industry is revitalized. “Today,” Bloomberg wrote, “Dow, Exxon Mobil Corp., and Chevron Phillips Chemical Co. are putting the finishing touches on multibillion-dollar factories along the Texas...

What does it take to found a manufacturing company in the United States? Try disruptive ideas, tenacity and a desire to make it in America for a start. “I know from very hard won experience that start-ups are enormously difficult and risky and chances are you’re not going to succeed,” says Kev...

The newly merged DowDuPont said Thursday it’s opening its new ethylene and plastics plants in Freeport, making the nation’s largest chemical giant the first to start up a major ethylene complex along the Texas Gulf Coast. The complex is the crown jewel of the old Dow Chemical’s rec...

We now have a new email for our accounting group here at Champions Machine Tool Sales, Inc. If there are questions or concerns regarding billing, payments, or account status, please feel free feel to contact us at accounting@championscnc.com now. Someone from the accounting department will respond t...

New data from the Federal Reserve Bank of Dallas shows that the oil and gas industry added 4,300 jobs in June, compared to May. Many of those new jobs were in oilfield services, a sign that rising drilling activity was lifting employment. Follow the link provided to read more

NEW YORK, Aug 16 (Reuters) – U.S. crude oil inventories fell for the seventh consecutive week in their largest drawdown in nearly a year while exports and production continued to rise, the Energy Information Administration said on Wednesday. Crude inventories fell 8.95 million barrels in the w...

Women are “chronically” under-represented in the oil and gas industry and the sector is losing out by failing to draw on their skills, a study said on July 12. Women account for just 22% of workers in the oil and gas sector, said the joint study by the World Petroleum Council and Boston ...

The AP (7/6) reports that “Toyota is officially opening its new North American headquarters in Texas.” The AP adds, “The $1 billion project includes a new campus in Plano, outside Dallas,” and the company “plans to move thousands of employees from California and Kentucky and says it will e...

General Electric Co.’s new oilfield services behemoth is poised to capitalize on a recovery from the worst crude crash in a generation — except no one is sure when that will actually happen. The merger of GE’s oil and gas business with Baker Hughes Inc. officially closed Monday, creating a...

Texas manufacturing activity picked up pace in May, surging to its highest level in three years as factories used more of their capacity and produced more goods, the Federal Reserve Bank of Dallas said Tuesday. The Texas production index, a key measure of manufacturing activity, increased 7.9 points...

VIENNA—Saudi Arabia is pushing the OPEC oil cartel and other big producers gathered here this week to extend crude production cuts for another nine months. The reason: the timing of the blockbuster IPO of Saudi Arabian Oil Co., people familiar with the matter said. For the full article, follow the...

The California Division of Conservation has received a 543 percent increase in “Oil & Gas Notices” this year, as a Golden State fracking is set to lift the U.S. to a production record. For the full article, follow the link

Baker Hughes BHI, +1.11% on Friday reported that the number of active U.S. rigs drilling for oil climbed by 2 to 722 rigs this week. That marked a 19th weekly rise in a row, but the increase was the smallest weekly rise of the year. The total active U.S. rig count, which includes oil and …

OPEC may get its members to agree to continue to tamp down oil production, but it will be a Pyrrhic victory. The biggest threat to the 13-member group’s dominance has been U.S. shale. In November 2014, the Organization of Petroleum Exporting Countries decided to keep production levels high in the ...

PORTLAND, Texas (AP) — Exxon Mobil Corp. and a Saudi partner plan to build a multi-billion dollar petrochemical plant near the Texas coast, Texas’ governor said Wednesday. The project will be a venture involving Exxon and Saudi Arabia Basic Industries Corp. Exxon officials have said it’...

Texas issued more than 1,300 drilling permits in March, twice as many as the same month in 2015. Rigs are rising and companies are rushing back to the shale patch, and to the Permian Basin in particular. But at the same time, well completions were lower than they were last year. The result will be &...

Texas shale producers applied for more than 1,300 oil and gas drilling permits last month with the majority awarded in the Permian basin, the most active U.S. oil patch, according to the state’s energy regulator. Despite a near tripling of new well permits, to 1,310 wells compared with 511 dur...

For the past 30 years, South By Southwest (SXSW) has attracted people from all over the world to Austin, Texas, to meet, learn and share ideas, and since 1994, SXSW Interactive has focused on cutting-edge technologies and their potential to change and improve the world. At the 2017 SXSW Conference, ...

ExxonMobil will invest $20 billion at 11 new and existing sites in the next 10 years to expand its manufacturing and export capacity along the Gulf of Mexico, the company announced March 6. The expansion program, which ExxonMobil is calling “Growing the Gulf,” will involve chemical, refining, lu...

Energy Transfer to expand in Mont Belvieu with $385 million project Posted by Jordan Blum Date: February 23, 2017 Dallas-based Energy Transfer Partners said it plans to expand its Lone Star campus east of Houston in Mont Belvieu with the addition of a $385 million fractionator and storage system. En...