HOUSTON (Dec. 12, 2014)—“The demise of the shale revolution is greatly exaggerated,” cites FMI in an analysis of the U.S. oil market given the recent drops in crude oil pricing. In its Q4 Oil and Gas Advisor, FMI notes per rig, per day earnings in the Bakken oil basin, among others, are nearly double that of 2012.

WASHINGTON (Dec. 9, 2014)—Associated Builders and Contractors (ABC) forecasts a steady and ongoing economic recovery for the U.S. commercial and industrial construction industries in 2015. The reasonably brisk industry recovery in 2014 should continue in 2015, with momentum especially growing in segments closely related to the current American energy and industrial production resurgence.

DALLAS (Dec. 8, 2014)—International Risk Management Institute, Inc. (IRMI) is now accepting registrations for the IRMI Energy Risk & Insurance Conference on March 16–18, 2015, in Houston, Texas.

This conference brings together insurance buyers, risk managers, agents, brokers, underwriters, adjusters, attorneys, and others who must understand, mitigate, or insure the complex exposures of oil and gas exploration, production and servicing.

FULLERTON, Calif. (Dec. 4, 2014)—The design-build team of Petra Integrated Construction Strategies (Petra ICS), McCarthy Building Companies Inc. and Taylor Design recently completed construction of the St. Jude Medical Center Northwest Tower in Fullerton, California. The new $228 million healthcare facility, which opened in November 2014, was completed five months early and more than 10 percent under the original construction budget.