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.
Emerson has completed the
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...
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...
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 ...
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.
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...