Equinor Pushes Ahead with Asgard Oil Field Project

Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Norwegian oil and gas major Equinor and its partners have announced plans to…

Industrial Info | Production | Oil & Gas | IIR | Engineering | Construction

Industrial Info

Wed Mar 17 2021

Cleveland-Cliffs Rides Major Acquisitions Into 2021

Researched by Industrial Info Resources (Sugar Land, Texas)--Cleveland-Cliffs Incorporated (NYSE:CLF) (Cleveland, Ohio) transformed in a big way last year, following its acquisitions of…

Industrial Info | Metals & Minerals | Iron Ore | IIR | Construction | Production | Maintenance

Industrial Info

Tue Mar 09 2021

Mining Companies Urged to Adopt 'Stakeholder Capitalism'

A geologist with a background in zoology and mineral economics provided a decidedly different keynote address this week at MINEXCHANGE, the annual conference and expo…

Industrial Info | Mining | covid | IIR | Production | coal mining | Metals & Minerals

Industrial Info

Fri Mar 05 2021

Freeport McMoRan Enjoys Surge in Copper Market, No Plans to Approve New Projects in Near Future

With the rally in global copper prices and the ramping up of mining operations in Indonesia, it is a "special time" for global miner Freeport-McMoRan…

Industrial Info | Metals & Minerals | copper | Production | IIR | Mining | Capital Expenditures

Industrial Info

Wed Mar 03 2021

Murphy Oil: 'Disappointed, but Not Surprised' by Leasing Moratorium

Like other oil and gas producers, Murphy Oil Corporation (NYSE:MUR) (Houston, Texas) endured a fairly brutal 2020, emerging somewhat worse for the wear. The…

Industrial Info | Oil | Production | IIR | Oil & Gas | Capital Expenditures

Industrial Info

Tue Feb 09 2021

Equinor Pushes Ahead with Asgard Oil Field Project

Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Norwegian oil and gas major Equinor and its partners have announced plans to invest $165 million to develop the Asgard oil field in the Norwegian Sea and implement the Åsgard B low-pressure project. Asgard has been producing since 1999, and the entire field development ranks among the largest »

Cleveland-Cliffs Rides Major Acquisitions Into 2021

Researched by Industrial Info Resources (Sugar Land, Texas)--Cleveland-Cliffs Incorporated (NYSE:CLF) (Cleveland, Ohio) transformed in a big way last year, following its acquisitions of AK Steel and ArcelorMittal USA. With a wide swath of new and existing assets -- from iron ore extraction through automotive production and manufacturing -- the company's targeted 2021 capital expenditures (capex) are in the »

Mining Companies Urged to Adopt 'Stakeholder Capitalism'

A geologist with a background in zoology and mineral economics provided a decidedly different keynote address this week at MINEXCHANGE, the annual conference and expo organized by the Society for Mining, Metallurgy & Exploration (SME) (Lakewood, Colorado). Rather than a motivational speaker with an upbeat message or an industry executive with detailed projections about supply, demand and prices for commodities, »

Freeport McMoRan Enjoys Surge in Copper Market, No Plans to Approve New Projects in Near Future

With the rally in global copper prices and the ramping up of mining operations in Indonesia, it is a "special time" for global miner Freeport-McMoRan Incorporated (NYSE:FCX) (FCX) (Phoenix, Arizona), according to Chief Executive Officer Richard Adkerson. And while the company has ample expansion opportunities in North America and elsewhere, it has no plans to approve new major projects »

Murphy Oil: 'Disappointed, but Not Surprised' by Leasing Moratorium

Like other oil and gas producers, Murphy Oil Corporation (NYSE:MUR) (Houston, Texas) endured a fairly brutal 2020, emerging somewhat worse for the wear. The company reported a full-year 2020 net loss of $1.15 billion, compared with net income of $1.15 billion in 2019. Nevertheless, the company is intent on growing its operations, planning capital expenditures (capex) of »