Noted frac sand industry consultant Mark J. Krumenacher, senior principal/senior vice president for GZA GeoEnvironmental, has written a new book, “Quarry Regulatory Control and Permitting: Defending the Foundation of a Sustainable Society.” “There is no book or information source that addresses the extent of regulatory control and oversight and the challenges of permitting,” Krumenacher said. “If you or your partners…
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U.S. Silica Increases Tonnage in First Quarter
U.S. Silica Holdings Inc. announced a net loss of $20.8 million, or $(0.28) per basic and diluted share, for the first quarter ended March 31, compared with net income of $4.6 million, or $0.06 per basic and diluted share, for the fourth quarter of 2020.
Read MoreOhio Rail Commission Approves Loan for MPR
The Ohio Rail Development Commission (ODC) approved a $500,000 loan to Mountaineer Products Inc., doing business as MPR Supply Chain Solutions, to purchase 50 acres along the Ohio River with frontage on two rail lines as part of the first, $9.5 million phase of a multimodal project.
Read MoreCanadian National Railway Seeks to Acquire Kansas City Southern
Canadian National Railway is making a $33.7 billion cash-and-stock offer for the Kansas City Southern. The bid is higher than a $25 billion cash-and-stock proposal made by Canadian Pacific last month.
Read MoreThis Week’s Market Buzz
• Oil prices extended gains at press time after rising 1% in the previous session, as bullish forecasts of recovering demand outweighed concerns about the impact of rising COVID-19 cases in Brazil, India and Japan. Brent rose 89 cents, or 1.3%, to $68.16 a barrel, and U.S. West Texas Intermediate crude was up 83 cents, or 1.3%, at $64.69 a…
Read MoreAIRMATIC Offers GO-B3 Battery Powered Gate Opener
AIRMATIC’s Workmaster now offers a hopper car gate opener that’s both portable and powerful for customers who need a lower-cost way to increase safety and productivity at their unloading sites.
Read MoreSource Energy Services Announces Financial Results
Source Energy Services Ltd. announced its financial results for the three and 12 months ended Dec. 31, 2020.
Read MoreSelect Sands Reports Quarter-Over-Quarter Sand Volume Increase
Select Sands Corp. provided an update on its corporate activities for the first quarter of 2021. The company sold 53,009 tons of frac and industrial sand during the fourth quarter of 2020, compared to 49,248 tons in the third quarter.
Read MoreRystad: Fracking Back to Pre-Pandemic Levels
Fracking in North America has almost recovered to pre-pandemic levels, with the count of started frac jobs reaching a 12-month high in March 2021, a Rystad Energy report shows. The number of completed wells in the Permian basin during the first quarter of 2021 exceeded the required output maintenance level, so oil production is set to rise in the current…
Read MoreThis Week’s Market Buzz
Oil futures ended sharply higher at press time as the International Energy Agency lifted its demand outlook for crude and a U.S. government report revealed a third-weekly drop in weekly inventories, prompting prices to post their highest finish since mid-March. In its monthly report, the International Energy Agency raised its forecast [https://www.marketwatch.com/story/iea-says-global-oil-market-is-recovering-and-lifts-demand-forecast-11618390949?mod=mw_latestnews] for global oil demand in 2021 by 230,000…
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