Insider Buying: Basic Energy Services Inc (BAS) Major Shareholder Acquires 15,000 Shares of Stock | Oil Drilling Cmc Carboxy Mthyl Cellulose

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The global carboxymethyl cellulose market is categorized on the basis of end users, which is further divided into oil drilling fluids, food and beverages, personal care, paper processing, paints and adhesives, and others (including mining, industrial detergents, etc.). Out of these, food and beverages industry contributed an outstanding share of income in the global carboxymethyl cellulose market in 2012. The second position was held by oil drilling fluids that represent 22.3% of the aggregate demand in the global CMC market in 2012. Moreover, the demands for carboxymethyl cellulose is estimated to grow in the personal care segment due to its growing application in it. In forthcoming years, the mechanical cleansers and mining industry are expected to offer lucrative opportunities for the carboxymethyl cellulose. Growing contribution from the paints and glues industry is likely to boost the demand for the carboxymethyl cellulose during the forecast period. Therefore, with the increasing contribution in all the industries, the global carboxymethyl cellulose market is estimated to grow at a healthy rate during the forecast period.

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Aubin’s pumpable subsea lifting technologies offer the oil and gas industry a new method of placing, moving and lifting assets and equipment on and around the seabed.

The possibility of chemical contamination aside, oil and gas operations have already affected food producers. “I lost six acres of hayfields when the gas company put roads in,” says Terry Greenwood, a rancher in western Pennsylvania. “Now I have to buy more feed for my cattle.” (Like other farmers hurt by drilling and fracking, he still pays taxes on his unproductive land.) Others have lost the use of stock ponds or creeks to brine spills.

Ambient air testing by a certified environmental consultant detected elevated levels of benzene, methane, chloroform, butane, propane, toluene and xylene—compounds associated with drilling and fracking, and also with cancers, birth defects and organ damage. Her well tested high for sulfates, chromium, chloride and strontium; her blood tested positive for acetone, plus the heavy metals arsenic (linked with skin lesions, cancers and cardiovascular disease) and germanium (linked with muscle weakness and skin rashes). Both she and her husband, who works in oilfield services, have recently lost crowns and fillings from their teeth; tooth loss is associated with radiation poisoning and high selenium levels, also found in the Schilkes’ water.

Like the asphalt on a highway, asphaltenes can gum up a wellbore or a flowline and can slow or halt production. Heat treatment generally does not work and mineral acids do not break them up. “It’s better to try and keep them in solution,” he said. Many chemical applications are best when used as a continuous process, while others lend themselves more to batch applications. Asphaltenes and demulsifiers lend themselves more to a continuous process, said George Murphy, business development manager for the Eastern Hemisphere at Baker Hughes. “Continuous injection is much the preferred way to apply the product,” he said, adding that it allows production to flow uninterrupted. The inhibitor is oil-soluble and stays in the crude all the way to the refinery. Dispersants tend to be used in batch processes, because they are used to clean up wellbores and other downhole items.

This table compares Flotek Industries and Ener-Core’s top-line revenue, earnings per share and valuation.

BP operated the Macondo well, and Transocean owned and manned the Deepwater Horizon drilling rig. For BP and the other companies, the first phase of the complex court case will assign liability for the accident and focus on whether the actions of the companies involved leading up to the accident constitute gross negligence or willful misconduct.

However, some institutions that specialize in risk have started to connect the dots. Nationwide Mutual Insurance, which sells agricultural insurance, recently announced that it would not cover damages related to fracking. Rabobank, the world’s largest agricultural bank, reportedly no longer sells mortgages to farmers with gas leases. And in the boldest move yet by a government official, Christopher Portier, director of the National Center for Environmental Health at the Centers for Disease Control and Prevention, called for studies that “include all the ways people can be exposed, such as through air, water, soil, plants and animals.” While the EPA is in the midst of a $1.9 million study of fracking’s impact on water, no government agency has taken up Portier’s challenge to study plants and animals.

This is a summary of current recommendations and price targets for Energy & Technology and Select Energy Services, as provided by MarketBeat.

Cathay serves a spectrum of industries and “its products are used in various applications, such as battery, coating, construction, drugs, cosmetics, food additives, high temperature, leather coatings, magnetic inks, paints and colorants, paper, plastic, masterbatches, car refinish, audio/video tape, magnetic toners, transfer ribbons, printing inks, and other,” ​according to Bloomberg.