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…urns and buy back some of its stock. Related: Learn more about PetroChoice’s products and services for shale and natural gas The acquisition was the company’s biggest since 1999, when they purchased Atlantic Richfield Co….

…rail network. The mining giant, which has its headquarters in London, had completed its first successful automated run with a load in July. According to reports, they have been gradually increasing the number of autonomous trips since then. The average journey takes around 40 hours. The program was proposed ten years ago and is estimated to have cost about $940 million. Related: Autonomous Mine Trains OK’d in Australia Rio Tinto operates 200 loco…

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…zing Coca Cola’s Lubricant Program Representatives from Daimler have maintained that they are unsure of how the vehicles came into Kim’s possession. They said the company has had no dealings with North Korea for more than 15 years and is following all sanctions….

…ntists at Nanyang Technological University. They can be programmed using a computer and use a technique called “swarm printing” to create designs without crashing into each other. The robots use a specially formulated cement mix designed specifically for use in 3D printing. The machines built the small structure in eight minutes and it took about a week to achieve its full strength. The ability to use multiple robots could make it easier and more…

…il could reach $100 per barrel by 2019. Several investment banks and other companies have called for prices to climb to anywhere from $80 to $90 per barrel by next year. Some, like Hong Kong-based Seismik Technology Co., have said they believe the price could go higher. Prices have already gained nearly ten percent this past month and almost 20 percent since January. Much of the speculation centers around the current political climate in Iran, the…

…troit automaker’s plants to build their own cars in the United States. The companies announced in June they were discussing a potential partnership. Talks have continued since then and it appears the automakers will likely make a decision about their next steps in early 2019. According to reports, Volkswagen representatives have said they are in need of additional production capacity in the U.S. to produce their name brand and Audi branded vehicle…

…to the surface gradually after it was determined the accident did not deal significant damage to the shaft cage. No serious injuries have been reported. Read More: Four Killed in Crane Collapse The incident once again brings mining company Sibanye-Stillwater under a microscope, as fatal accidents at its gold mines have risen. Seven miners were killed in an incident in May of 2018, just months after storm damage trapped 1,000 workers underground fo…

…hat began in 2016. According to the report, there were 8,500 drilled but uncompleted wells, or DUCs, in March of 2019. That was an increase of 26 percent year over year. DUCs include wells where drilling has been finished, but other processes required for production are not yet complete. A majority of these DUCs are oil wells located in the Permian Basin. Read More: Study Shows Substantial Number of Bridges in Need of Major Repair While DUCs have…

…Performance Fuels. Fuel Programs and Services Fuel Factor is an advanced, computerized fuel tracking service that provides clients with detailed fuel consumption information for each individual piece of equipment. PetroChoice will barcode your assets and our drivers will capture the exact gallons and cost that go into every asset using state of the art handheld technology. Retrieving the data is simple using a secure login on our website. A varie…