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Processing e-News

Oklahoma drillers to collect wastewater injection data daily under new proposal

April 14, 2014
The Oklahoma Corporation Commission has approved new rules that would require fracking companies to record the volume of injected wastewater and the pressure at which it is injected underground on a daily basis.
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Scientists find benefits of Tamiflu overestimated

April 14, 2014
A new study raises concerns that the effect of the vastly popular influenza treatment drug may have been overestimated.
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Chevron signs renewed agreement for shale development in Argentina

April 14, 2014
U.S. energy giant Chevron Corporation has announced plans to invest more than $1.6 billion to develop shale reserves in Argentina.
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US pork, beef exports strong in February

April 14, 2014
Latest data shows that American pork and beef exports fared well in February, even though the industry has been facing the challenge of soaring prices and tight supply.
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Food industry mergers & acquisitions remain steady in 2013

April 9, 2014
The hesitation of the food industry to engage in new merger activity was still evident in 2013 with only 311 deals, roughly the same as in 2012, according to The Food Institute’s Food Business Mergers & Acquisitions 2013.
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Industrial automation equipment market to see stronger growth in 2014

April 9, 2014
After sputtering for the last two years, the global market for industrial automation equipment is poised for stronger growth in 2014, aided by strengthening economies as well as technological innovations.
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Global refining industry outlook predicts growth in 2014, 2015

April 9, 2014
Chinese refiners are predicted to add the largest proportion of new refining capacity planned globally in 2014/2015, with the launch of a further 1.2 million bpd.
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Bakken Shale oil production to hit 1.7 million Bpd in 2020

April 9, 2014
Oil reserves worth approximately $118 billion are still lying under the Bakken/Three Forks Shale play system in Montana and North Dakota, according to a new estimate by research and consultancy group Wood Mackenzie.
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UK oil & gas companies upbeat for short-term growth

April 8, 2014
Over the next two years UK oil and gas companies anticipate that they will create as many as 39,000 new jobs.
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Teva's application for patent extension on Copaxone rejected

April 8, 2014
The U.S. Patent and Trademark Office has rejected the request from Israeli pharma giant Teva Pharmaceuticals to have its patent protection on Copaxone extended until September 2015.
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