Ohio Company to Build Automated Indoor Farm

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…the facility Monday, which will clock in at 150 thousand square feet upon completion. According to reports, all aspects of the growing process will be automated, from seeding to harvesting. The facility will be monitored by company employees and mechanical control systems and will be operational throughout the entire year. Crops grown will include a variety of greens, herbs and kale. Related: Learn more about the different industries served by Pe…

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Gas, Oil Drilling, Completions Rise

Natural gas, oil drilling and completions have increased 35 percent year over year, according to the American Petroleum Institute. The first quarter increase from 2017 to 2018 is a sign of strength for the United States’ oil and natural gas industries. Q1 2018 also saw a 60 percent increase in success rate for exploration of oil and natural gas- the highest it has been since 2009. PetroChoice offers a wide range of products and services for shale…

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Mining Company Asks for Unity in Creating International Governing Body

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…to the Vale disaster in Brazil. According to reports, BHP is asking mining companies to join together in creating an independent, international organization that would oversee construction, operation and integrity of tailing dams like the one at Vale’s Feijao mine that burst last month, killing almost 170 people. A similar incident at Vale and BHP’s jointly owned Samarco mine killed 19 people in 2015. Tailing dams are used to store mining waste. I…

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Autonomous Mine Trains OK’d in Australia

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…ulator (ONRSR) has officially approved the AutoHaul technology that mining company Rio Tinto used to complete a 62 mile train trip in October. The train was monitored by crews throughout the process. The company plans to use the trains to haul iron ore from the company’s 16 work sites to ports. Related: Learn how PetroChoice helps serve the mining industry The autonomous trains will operate on the company’s 1,056 miles of track. They plan on havin…

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Acquisitions

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…rily financial information that we need to calculate a fair value for your company. We will explain the calculation methodology with you so that you understand our estimated purchase price. We then provide you with a Letter of Intent confirming that estimated purchase price and giving you a chance to decide whether to move forward with us or not. Step 3:  Due Diligence We give you a longer list of information we need you to provide so that we can…

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Simple Steps Can Help Reduce the Cost of Downtime

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…of minutes, but those minutes can add up. This is especially true when it comes to those intangible costs. Some events may come out of left field entirely, but it is still important to plan for whatever you can.   Be ready to adapt – Having an employee or a team sitting idle (or sitting idle yourself) because of a breakdown isn’t exactly efficient. If you can’t help directly with getting back online, make sure you and your team are cross trained…

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Clean Burn FAQ’s

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…tract with a hauler or refiner to transport used oil? It may be easy for a company to contract with a hauler to pick up and dispose of used oil, but companies would then be giving away valuable fuel which could be used for free heat generated by a Clean Burn Heating System. 9. Is there any way to duct a used-oil furnace? Yes, Clean Burn furnaces can be ducted and are UL approved for this application. 10. What are the most appealing aspects of Clea…

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OSHA Proposes Fining Companies for Role in Bridge Collapse

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…bridge collapse that killed six. According to reports, OSHA has cited five companies who were involved in the construction of the bridge that killed five motorists and a worker, while injuring five others. Figg Bridge Engineers and Network Engineering Services were cited for exposing employees to physical danger, Structural Technologies and Munilla Construction Management were each given two citations for failing to provide adequate personal fall…

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PetroChoice Acquires Hagan Kennington Oil Company

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…PetroChoice is pleased to announce the acquisition of Hagan Kennington Oil Company in Charlotte, North Carolina. The deal further broadens PetroChoice’s distribution reach in North and South Carolina. Read more here >…

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A Brief History of Oil in America, Part 1

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…declared a monopoly in violation of the act and broken into 34 independent companies. Many of these companies continue to exist at the forefront of the oil and lubrication industry today. Rockefeller’s company may have been no more, but he had left his mark on an industry that was now firmly entrenched in American society. The burgeoning auto industry, rapid industrialization and increasing government interest was about to make oil take off. “Ther…

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