This Week In Petroleum

This Week In Petroleum, Production, Imports, Stocks, Supply, Prices, Data and Analysis from the Energy Information Administration.

Skyborne Technology, Inc., Announces the Opening of their New U.S. Manufacturing...

Skyborne Technology, Inc., a designer and developer of manned and unmanned next generation aviation systems has opened its new manufacturing facility in Gulf County, FL. The company chose the area specifically to have access to employ manned and unmanned aircraft pilots, skilled manufacturing labor for composites, aircraft aluminum and high bullet proof fabrics. As part of opening...

Oil Drillers Cut Rigs for Second Week in Three

U.S. energy companies cut oil rigs for the second week in three as the rig count has stagnated over the past three months along with crude prices.

Oil Climbs after Biggest U.S. Crude Stockpile drop in four weeks

Oil gained after a U.S. government report showed the biggest decline in crude inventories since late July.

Mylan says plant remediation dictated in part by which generics to...

Mylan started a comprehensive remediation of its massive Morgantown, West Virginia, plant that will make its operations not only better but less complex.

U.S. Durable Goods Orders Rebound In November But Miss Estimates

After reporting a steep drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing a rebound in durable goods orders in the month of November.

Boeing says it will cut 737 MAX production by 20 per...

Starting mid-April, production will be cut to 42 airplanes per month from 52, the company said on Friday, but Boeing said that it does not plan any layoffs due to the reduction in output.

Tesla to Acquire Battery Company Maxwell Technologies

Can Maxwell's ultracapacitors give Tesla's battery tech a boost?

GM considers investing $1 billion in its Missouri plant, state officials...

General Motors Co is considering a $1 billion investment at its Missouri assembly plant where it builds vans and trucks, state officials said on Thursday.

Mazda Toyota breaks ground on $1.6B manufacturing facility

Source: www.bizjournals.com Mazda Toyota Manufacturing USA is collaborating with the state for a joint $1.6 billion plant in Huntsville, Alabama. From 2021, Mazda Toyota expects...