Oil prices could move back above $50 a barrel within a year as an OPEC initiative to freeze production gains support, according to CNNMoney. That’s the view of Qatar’s energy minister, Mohammed bin Saleh al-Sada, who also holds the rotating presidency of OPEC. “At the moment the best possible feasible proposal is to freeze at the level of production of…
Read MoreDay: February 25, 2016
Badger Mining Opens Wyoming Transload Facility
Railcars of sand leaving Badger Mining Corp. (BMC) are headed to a different destination for the first time – BMC’s newest transload facility in Bill, Wyo. For Badger Mining, a supplier of Premium Northern-White industrial raw and coated sand, this new location will better serve current and future customers in the Powder River Basin.
Read MoreHi-Crush Reports Financial, Production Results
Hi-Crush Partners LP reported fourth quarter and full-year 2015 results. The limited partners’ interest in net income was $11.2 million for the fourth quarter of 2015, resulting in basic and diluted earnings of $0.30 per limited partner unit.
Read MoreTwin Eagle Sand Logistics Begins Operations at New Rail Park
Twin Eagle Sand Logistics LLC announced that it has commenced commercial operations at the Permian Rail Park, the newest addition to its terminal network. The Permian Rail Park is located on the Union Pacific Railway approximately eight miles west of the city of Big Spring, Texas. The 530-acre rail park is Twin Eagle’s fifth terminal development and is centrally located…
Read MoreEmerge Energy Reports Results
Emerge Energy Services announced fourth quarter and full-year 2015 financial and operating results. The company reported a net loss of $9.9 million for the three months ended Dec. 31, 2015. This includes full-quarter sales of 581,000 tons of sand. For the year ended Dec. 31, 2015, Emerge Energy reported net loss of $9.4 million.
Read MorePresque Isle Quarry Receives Environmental Awards
Lafarge North America, a LafargeHolcim company, announced that its Presque Isle Quarry in Michigan received two awards from the Wildlife Habitat Council (WHC) for its environmental and conservation efforts during the past year, including the 2015 Upland Management Award as well as a recertification of programs with WHC.
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