OPEC’s production cuts and climbing oil prices

By: IBISWorld Procurement Research Analyst, Ashley Cruz With oil prices finally on the rise, businesses that rely on petroleum products should be looking ahead to hedge against price growth and volatility Although much of 2016 has been a year of suspense and surprises, there were several late-in-the-game decisions that have…

New Mi-T-M Diesel Air Compressor/Generator Combination Unit

Mi-T-M Corporation announces the release of the new diesel 30-gallon air compressor/generator combination unit. With the convenience of two machines in one, the new air compressor/generator unit is perfect for industrial applications that require electrical power and air. The new air compressor/generator features a 9.1 HP Kohler KD420 diesel overhead…

Meridian’s Davis refinery: Industry game changer

By Melanie Franner The North Dakota refinery industry is about to advance by leaps and bounds, so says William Prentice, CEO of the Meridian Energy Group, Inc. The company’s proposed Davis crude oil refinery is expected to be a state-of-the-art facility located in the heart of the Bakken oilfields –…

Weir’s SPM QEM 3000 frac pump delivers in Canadian market

Canyon Services Group logs more than 1,000 pumping hours, purchases fleet of pumps Fort Worth, Texas-based Weir Oil & Gas (Weir), one of the world’s largest supplier of pressure pumping equipment to the upstream market, today announced significant milestones in the evolution of the SPM® QEM 3000 frac pump: reaching…

Keystone XL advocates and opponents await American electorate decision of November 8, 2016

By Leonard Melman Few elections in recent memory have provoked the depth of animosity and controversy as the presidential election of 2016 between Republican candidate Donald Trump and Democratic candidate Hillary Clinton. Many positions represent polar opposites and this has been especially true of anything relating to environmental topics, such…

E3 Consulting Serves as Independent Engineer for Wolf Midstream’s Acquisition of Access Pipeline System

E3 Consulting® (E3) served as independent engineer to lenders for Wolf Midstream’s recent acquisition financing of 50 percent ownership interest in Access Pipeline (Access) from Devon Corporation. Access is a dual pipeline system with pumping and measurement facilities used for transportation of diluent and bitumen blend between heavy oil extraction facilities…