Mining companies are investing heavily on frac sand plants in Northwestern Wisconsin. Reports say that an estimated $250 million is being earmarked for building mine and processing facilities near Rice Lake, Wisconsin.
The size of sand in Wisconsin is perfect for fracking underground shale formations that...
Oil production in U.S. federal waters significantly declined from 2010 to 2011, and observers noted that the decline was due to delays in the processing and issuance of permits required for oil well operators to commence drilling activities. In a business cycle, when one sector slows down, the progress of...
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Natural Gas News |
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Gasoline prices in North Carolina are almost at the $4 per barrel level. Drivers are saying that they will avoid travel especially in the coming Easter.
Suncor Energy Inc, the largest energy company in Canada, posted an increase in its 4th quarter profits due to rising prices of crude oil.
Imperial Oil recently announced an increase of 26% on its profits for the fourth quarter. This is mainly attributed to increasing oil prices
In the last three months of 2011′s fiscal year, the company’s total earnings amounted to $1.01 billion or $1.18 a share. That is a 26% growth from its...
Crude oil prices traded near their lowest levels in more than five week today, with the commodity falling sharply right after the first wave of news concerning OPEC’s Vienna meeting reached the sector. Traders of the fuel scrambled to sell after representatives from the group announced its decision to...
