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Chart Industries ships heat exchangers and other big equipment to 
natural gas processing and transport facilities all over the world.
CRAIN'S CLEVELAND BUSINESS

Chart Industries Inc. selected to help build $4.25 billion natural gas liquefaction plant

The Garfield Heights-based company will work on the project through its wholly owned subsidiary, Chart Energy & Chemicals. For now, Chart will provide help with front-end engineering and design work.
Gas Natural Inc. receives $5 million loan from South Carolina-based conglomerate

Gas Natural Inc. receives $5 million loan from South Carolina-based conglomerate

April 13, 2015 The company disclosed in a regulatory filing that The InterTech Group Inc., a big Gas Natural shareholder, has provided it with a loan through an affiliate called NIL Funding Corp. The loan is due Oct. 3 and carries an annual interest rate of 7.5%.

Drilling industry reaches new low

April 12, 2015 The week that ended April 4 was, if not a landmark, at least a mile marker for Ohio's oil and gas industry. For the first time since some can remember, and since the state's shale drilling boom began about five years ago, the Ohio Department of Natural Resources issued no new permits for wells to be drilled. Not a single one for the Utica shale or the Marcellus.
Williams Partners' subsidiary agrees to purchase additional interest in Utica East Ohio Midstream

Williams Partners' subsidiary agrees to purchase additional interest in Utica East Ohio Midstream

April 6, 2015 Utica Gas Services, which already owns a 49% equity interest in the project, will purchase an additional 21% stake in the venture from Houston-based EV Energy Partners. Full details of the deal were not disclosed.
From the Utica to Asia, PLIDCO is seeing a jump in demand for its famous connectors and repair sleeves

From the Utica to Asia, PLIDCO is seeing a jump in demand for its famous connectors and repair sleeves  

March 27, 2015 The company, in Westlake, has been focused on the oil and gas pipeline industry since it was founded in Cleveland in 1949 by Joseph and Berneice Smith. Now, its repair sleeves, connectors and other pipeline parts are in high demand.
Entrepreneur Jeff Berlin is taking what he learned from traditional manufacturing and using it to buy, grow companies in the fracking supply chain

Entrepreneur Jeff Berlin is taking what he learned from traditional manufacturing and using it to buy, grow companies in the fracking supply chain

March 27, 2015 Call it luck, good strategy, or perhaps a little of both, but Berlin says his bets on oil and gas-related manufacturing operations are paying off. He hopes to double down, if the opportunity to make another acquisition presents itself.
Making sparks fly: Lincoln Electric's portable welders put together pipelines and other remote infrastructure

Making sparks fly: Lincoln Electric's portable welders put together pipelines and other remote infrastructure

March 27, 2015 Since the early days when its welders were transported to work sites on horse-drawn wagons, 100-year-old Lincoln Electric Co. has been selling its welding equipment to drillers and pipeline developers. Fast forward to today's modern day shale boom and the company remains iconic for its line of engine-driven welders and as the world's largest manufacturer of arc welding and cutting products.

Fed data shows Ohio, West Virginia part of a larger trend of increased gas and oil production, decline in coal mining

March 3, 2015 According to the Federal Reserve Bank of Cleveland, U.S. natural gas production expanded by 21% between 2009 and 2014. During that time, Ohio and West Virginia more than doubled their output of natural gas, while Pennsylvania increased its output by over 1,000 percent, say the researchers. At the same time, coal production in Kentucky, Ohio, and West Virginia declined, following the trend for the U.S.'
It's a taxing time for oil industry

It's a taxing time for oil industry

February 22, 2015 Ohio Gov. John Kasich might have run up against his toughest opponent yet in terms of raising the state's severance tax on oil and gas, and it isn't the Republican-controlled Legislature that's opposed to the idea philosophically. It's low oil and gas prices, which are giving the drilling industry more rhetoric and evidence of hardship to combat the tax proposal.

State controls fracking, Ohio Supreme Court says

February 17, 2015 The court rules 4-3 that Munroe Falls' zoning ordinances and local laws governing oil and gas drilling exceeded the authority of the city's home rule power. Munroe Falls has spent four years trying to stop Beck Energy Corp. from developing an oil and gas well on land within city limits.
Shale is suffering: Declining oil and natural gas prices have led to plenty of regional cutbacks

Shale is suffering: Declining oil and natural gas prices have led to plenty of regional cutbacks

February 8, 2015 More than six months of declining oil prices, along with low prices for the Utica shale's natural gas, have turned things around — and turned the almost daily shale news from good to bad.
France-based Vallourec Star to shut down $1 billion Youngstown steel mill for at least three weeks

France-based Vallourec Star to shut down $1 billion Youngstown steel mill for at least three weeks

February 4, 2015 The company cited lack of demand for the oil and gas products it makes as the reason for the shutdown. Vallourec Star said its 500-plus employees will return to work 'after that blackout period' and it is offering six-month voluntary layoffs to employees willing to take them.

Former rising star of U.S. wind energy industry Cardinal Fastener is shutting down

January 12, 2015 Dokka Fasteners Inc., part of the German-based Wurth Group that purchased the Bedford Heights-based company in 2011, told customers on Friday, Jan. 9, that it will close Cardinal sometime around the end of the first quarter and move its equipment to Dokka's operations in Auburn Hills, Mich.

Plummeting price of oil is weakening steel industry

January 11, 2015 The region is reeling from news last week that U.S. Steel plans to idle its Lorain mill, putting more than 600 steel workers out of work. What gives? More like what gave — and that would be the price of oil.
FirstEnergy is finding new electricity sales in Ohio's shale play

FirstEnergy is finding new electricity sales in Ohio's shale play 

January 9, 2015 After seeing its core business shrink in recent years, the Akron-based utility now has new industrial electricity customers that use as much power as a small city -- and it's investing to capture the new business.
ExxonMobil Research and Engineering Co. to apply Arisdyne Systems' ethanol technology to petroleum

ExxonMobil Research and Engineering Co. to apply Arisdyne Systems' ethanol technology to petroleum

January 8, 2015 The Arisdyne system is designed to control a destructive force created when turbulence occurs in a fluid. The companies aim to develop and commercialize the technology through a multi-year joint development agreement.

United States Steel to lay off 614 workers as it idles Lorain mill

January 6, 2015 A spokeswoman for the company said the 'temporary idling is a result of the softening in the energy market.' The mill will be shut down for an undetermined period beginning the first week of March.

Lubrizol Corp. buys North American oilfield chemicals, drilling fluids businesses of Weatherford International

January 5, 2015 The oilfield business is called Engineered Chemistry; the drilling fluids business is known as Integrity Industries. Closings in the rest of the world 'will occur throughout 2015,' Wickliffe-based Lubrizol said.
2014 year in review: Energy

2014 year in review: Energy

December 26, 2014 2014 was a year of a thousand small stories in Ohio's oil and gas world, the majority of which probably will never be told. But there were several events and trends that made headlines and may be affecting the industry and the state's economy in the years to come, some more obvious than others.

LEEDCo secures $2.8 million federal grant for offshore wind project

December 22, 2014 The Lake Erie Energy Development Corp. will use the funds to study designs for the foundations of turbines that it aims to install in Lake Erie.

Key Equipment Finance to provide $6.5 million to help Safeguard Storage Properties LLC go green

December 8, 2014 Key Equipment Finance is an affiliate of Cleveland-based KeyCorp. The solar equipment investment is expected to yield about $8.4 million in energy savings and $14.7 million cumulatively over the 25-year life of the systems.

Starwood Energy Group Global LLC agrees to purchase 250-megawatt Northwest Ohio Wind Project

October 21, 2014 Financial terms of the deal were not disclosed. This is the second wind farm investment for Starwood Energy Group this year.

Gas Natural Inc. makes deal for Wyoming operations

October 15, 2014 The Mentor-based company is selling Energy West Wyoming Inc. and its pipeline assets to Black Hills Corp. for $17 million.
Medina County residents protest pipeline

Medina County residents protest pipeline

September 28, 2014 It's not unusual for a pipeline to go around major impediments like large bodies of water, geologic formations, cities and other features that would make construction costly or time consuming. Some residents in Medina County hope they can build a mountain of opposition that will have the same effect.

September summit to focus on NGLs

August 31, 2014 if you're aware that 'natural gas liquids' are among the most valuable commodities being brought up from Ohio's Utica shale, and you wonder how that will impact Ohio's manufacturing sector, you might want to watch out for the upcoming 'NGL Gold Rush' summit, slated for Sept. 9-11 in Cleveland.
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