Ritchie Bros. continued its auction season kick-off in a big way, selling more than 7,400 items through two events – a $59-million record-breaking Phoenix auction and a $55-million Houston auction. All assets were sold 100% online.
Read MoreMonth: February 2022
RST Solutions Offers Answer to Dust Suppression
RST Solutions is assisting mine site operators to comply with tougher workplace exposure standards for airborne contaminants while maintaining product quality and preventing potential adverse chemical reaction during processing and manufacturing.
Read MoreAthabasca Minerals Gets Rolling at Firebag
Athabasca Minerals Inc. (AMI) announced that mining and delivery of premium domestic sand from its Firebag resource north of Ft. McMurray has commenced. This product is in support of AMI’s partnership with Métis North Sand & Gravel and the contract announced on Dec. 20, 2021, with a major industry operator requiring approximately 1 million tonnes of filter sand.
Read MoreEIA Expects U.S. Petroleum Trade to Again Shift Toward Net Imports
In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020. According to the U.S. Energy Information Administration’s (EIA) February 2022 Short-Term Energy Outlook (STEO), the agency expects net crude oil imports to increase, making…
Read MoreLiberty CEO Reflects on 2021, Looks Ahead to 2022
Liberty’s chief executive officer commented on the company’s 2021 performance and looked ahead to 2022.
Read MoreSelect Sands Provides Operations and Corporate Update
Select Sands Corp. reported that its pre-audit Q4 2021 frac and industrial unit sand sales were 94,670 tons, representing a 6% increase from Q3 2021 sales of 89,096 tons and a 79% increase from Q4 2020 53,009 tons.
Read MoreThe $100 a Barrel Scenario
Up to 2.2 million barrels per day (bpd) of U.S. tight oil could be unleashed in the event of a supercycle – with oil prices remaining around or above $100 per barrel – driven by growing demand and continued supply tightness, Rystad Energy predicts.
Read MoreThis Week’s Market Buzz
The U.S. benchmark, WTI Crude, fell 2.09% to $90 a barrel at press time, while Brent Crude was down 1.76% to $91.33.
Read MoreMSHA Reports Second, Third Fatalities of 2022
The Mine Safety and Health Administration (MSHA) reported that on Jan. 7, a 35-year-old continuous mining machine (CMM) operator was fatally injured when he was pinned between the remote controlled CMM and the coal rib; and on Jan. 11, a 32-year-old miner died while driving on a mine road when a tree fell from a highwall onto the cab of his pickup truck.
Read MoreCASE Approves B20 Biodiesel for All G-Series Loaders
FPT Industrial announced at the National Biodiesel Conference & Expo that it approved B20 biodiesel for use in its NEF 4, NEF 6 and CURSOR Tier 4 Final diesel engines. This announcement makes all CASE Construction Equipment G-Series wheel loaders approved for use with B20 biodiesel directly from the factory.
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