Louisiana ammonia plant moves forward

The US Gulf Coast is a hotbed for industrial development, in part due to its proximity to export terminals but also because it is an area with an abundant supply of natural gas. AM Agrigen Industries, a subsidiary of Singapore-based AM International, this week provided more details about its proposed $1-billion to $1.2-billion ammonia manufacturing […]

Report says Utica gas wells profitable at $3

A research report from RBC Capital Markets says Utica Shale gas wells are profitable with prices at about $3/MMBtu. RBC said it looked at 4Q2014 production and recent well results in its study. The report said well results continue to improve even with a cut in working rigs in the Utica, citing drillers such as […]