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Tag Archives: business

Appeals court won’t overturn wind farm fraud conviction

Appeals court won't overturn wind farm fraud conviction

CHEYENNE, Wyo. (AP) — A federal appeals court is rejecting an effort by a Salt Lake City man to overturn his conviction for bilking investors in a fraudulent wind farm business, just days after rejecting a similar appeal from the man’s sister. The 10th U.S. Circuit Court of Appeals in Denver on Monday rejected the latest appeal from Robert Arthur ...

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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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Colorado county paying less for natural gas

Colorado county paying less for natural gas

The price Pueblo County pays for compressed natural gas used in fleet vehicles has dropped 50 cents, officials said Tuesday. Sparq Natural Gas sent information to the county stating that the price dropped from $1.99 per gallon equivalent to $1.49 at the county’s CNG site to reflect the approved federal excise alternative fuel tax credit. Officials said the credit will support ...

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Oil getting to be cheaper than dirt

Oil getting to be cheaper than dirt

As the price of U.S. crude oil plummets toward its lowest price in the recent past, it may become, as the adage goes, cheaper than dirt. On Monday, U.S. crude futures had fallen to $34.20 a barrel, an apparent result of an oversupply of oil and limited demand. For comparison, the price of U.S. crude two years ago, in December ...

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Halliburton cuts jobs in Williston, North Dakota

job cuts

Sept 21 (Reuters) – 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 ...

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Top 5 benefits of equipment rental in a devalued oil and gas market

Hertz truck_edited_2

Let’s face it. In stronger markets, buying is possibility the better choice. However, don’t underestimate renting as a business-saving option. Renting allows companies to avoid increasing capital expenditures, save money on preventative maintenance and repairs services as well as ensures that equipment doesn’t become technologically obsolete. Once the decision to rent has been made, what next? There are multiple companies that ...

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Plans move forward for regional economic development effort

Getty Images via Newscred

Plans to create a private regional economic development group are moving forward and may actually launch early next year. The effort to bring private funding to attract development and major employers to the entire northern Colorado region is being spearheaded locally by car dealer Scott Ehrlich and by Tom Gendron, chairman, CEO and president of Woodward Inc., in Fort Collins. ...

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

Getty Images via Newscred

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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