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Industry Headlines

VMA Welcomes Rayson Company

VMA Welcomes Rayson Company

6 HOURS AGO  |  Chris Guy

Rayson Company is VMA's newest associate/supplier member. Located in North Houston, Rayson focuses on supplying valve components to the global oil &...

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Industry Headlines

VMA Welcomes Rayson Company

6 HOURS AGO
VMA Welcomes Rayson Company

Rayson Company is VMA's newest associate/supplier member. Located in North Houston, Rayson focuses on supplying valve components to the global oil & gas industry. The company offers a variety of services including sawing, welding, turning, milling, CNC and assembly.

"We joined this wonderful organ...

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Emerson Acquires American Governor

10 HOURS AGO

Emerson has completed the purchase of American Governor Company, which specializes in technologies and services for hydroelectric turbine controls. The addition of American Governor builds on Emerson’s technology capabilities in the renewables and power industry. American Governor’s d...

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Construction Set to Resume on Keystone XL Pipeline

10 HOURS AGO

TC Energy Corporation will proceed with construction of the Keystone XL Pipeline Project, an $8.0 billion investment. At 1,210-miles in length, the pipeline will be capable of safely delivering 830,000 barrels per day of crude oil from Alberta, Canada to Steele City, NE where it will connect with TC E...

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Goldman Sachs: Shale Positioned Well to Withstand Downturn

1 DAY AGO

In a note dated March 31, Goldman analyst Damien Courvalin says that “(s)hale’s high-pressured wells and short drilling time mean the industry is well positioned to benefit if the current plunge in oil causes long-term damage to production capacity, resulting in a price jump when demand ...

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U.S. Payrolls Decreased by 701,000 in March

11 HOURS AGO

Total nonfarm payroll employment fell by 701,000 in March, and the unemployment rate rose to 4.4% from 3.5%, the U.S. Department of Labor reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) and efforts to contain it.

In March, manufacturing employment edged d...

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Approximately 10 Million File Jobless Claims in Past Two Weeks

1 DAY AGO

New unemployment claims in the U.S. hit 6,648,000 this week , an increase of 3,341,000 from the previous week's revised level. Prior to last week the record was 695,000 from back in October of 1982. At this point it’s a possibility we see an unemployment rate of 20%, which would be more than dou...

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