Interesting industry headlines from this week:
New Cat Monitoring System to Address the 'Human Factor' [Construction Equipment Guide]
"Inside Caterpillar’s 24/7 monitoring center, analysts correlate data about the health and productivity of operators and equipment to reveal the magnitude of conditions such as fatigue and distraction and their impact on operations." See more
Inside Shell's Extreme Plan to Drill for Oil in the Arctic [Bloomberg Business]
"Even sympathetic observers find it curious, though, that Shell and Shell alone sees future profit in the Chukchi, especially after its misadventures there in 2012. Chevron, ConocoPhillips, ExxonMobil, Statoil, and Total have all put Arctic plans on hold." See more
Japan, China vie to build high-speed rail in Indonesia [The Japan Times]
"President Joko Widodo has ambitious plans to improve Indonesia’s infrastructure, which could boost manufacturing and create hundreds of thousands of new jobs." See more
A Bright Spot in US-China Relations: Renewable Energy [The Diplomat]
"Moving toward a clean energy economy in the United States will require more than $1 trillion of investment in the electricity grid, new fuels, mass transit, power generation, and manufacturing. " See more
Goldman Sachs Sells Colombia Coal Mines to Murray Energy [The Wall Street Journal]
"Goldman Sachs Group Inc. sold a Colombian mining operation to Murray Energy Corp. at a steep loss, marking the bank’s exit from the coal business and Murray’s international expansion." See more
Reaction to USDA production, consumption and price projections [AGProfessional.com]
"While lower corn production forecasts are possible in future reports, a recovery in corn prices is likely dependent on improving domestic and world economic conditions that now appear unlikely. In contrast, some recovery in soybean prices is anticipated with lower U.S. production forecasts in future reports." See more
