At our recent Plastics Reflections Web Series event, M. Holland experts discussed the macroeconomic factors influencing global and domestic economies, including impacts on the plastics industry. Click here to read the recap.
Active U.S. drilling rigs rose by two last week to 770, roughly 305 below pre-pandemic levels, according to Baker Hughes. Despite an extended streak of strong profits, U.S. shale companies are slowing their oilfield activity and keeping production mostly flat.
Blackstone, the world’s largest alternative asset manager, will sell U.S. producer PRI Operating for $2 billion, as it continues its retreat from the oil patch due to disappointing returns and environmental concerns.
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