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New Fracking Laws Challenged by Industry

Following a process that included more than 1.5 million public comments, Secretary of the Interior Sally Jewell released final standards that she said will support “safe and responsible hydraulic fracturing on public and American Indian lands.”

 

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Twin Eagle Opens Colorado Terminal

Twin Eagle Sand Logistics, a subsidiary of Twin Eagle Resource Management, opened its Evans, Colo., terminal in the heart of the DJ Basin. The Evans Terminal, which was commercially operational in February, is Twin Eagle’s fourth frac sand terminal and the first located in the DJ Basin.

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Victory Nickel Report Focused on 7P Plant

Victory Nickel Inc. reported financial results for the year ended Dec. 31, 2014. Effective Oct. 1, 2014, the company changed its functional currency and presentation currency to the United States dollar from the Canadian dollar.

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Railroads Feel Pinch from Oil Prices

North American railroad companies have faced accelerating slowdowns, with volumes falling faster than executives had predicted, according to report on Bloomburg Business. With energy companies scaling back drilling after prices for the commodity fell about 50 percent since July, industry executives and analysts anticipated that demand for hauling crude and extraction materials such as frac sand and pipes would slow after a four-year surge.

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