Metso's valves service center in Turkey has relocated to Söke in the Aegean region to be close to important customer hubs. The new location and larger facilities strengthen
and ensure better service availability for customers in an area that has lacked a service center of this vo...
Pin Oak Terminals, a new hydrocarbon liquids storage and logistics terminal in Mount Airy, LA, has
to provide its Synthesis order-to-cash software. Emerson will provide a configured software solution that includes interfaces for operational information, order management, inventory man...
Beginning April 1, the Bureau of Safety and Environmental Enforcement (BSEE) is increasing physical inspection time offshore. Exploring ways to make inspections more efficient and reduce helicopter operating expenses, a team of BSEE leaders in the Gulf of Mexico Region developed the
According to U.S. Energy Information Administration’s
Electric Power Monthly
, total U.S. net electricity generation
(down 1.5%) in 2017, reflecting lower electricity demand. Natural gas and coal generation fell by 7.7% and 2.5% from 2016, respectively, as generation from several ren...
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for February was $7.7 billion,
Results from the Philadelphia Fed’s March Manufacturing Business Outlook Survey suggest continued growth for the region’s manufacturing sector. Although the survey’s index for general activity moderated, the indexes for new orders and shipments improved. The survey’s future i...
In the aftermath of the Deepwater Horizon well blow-out, the debate now centers on the oil and gas sector’s future role in the Gulf of Mexico. While the focus has been on environmental impact and technical challenges, and on the effects on local fishing and tourist industries, less attention has been paid to the considerable economic significance of the entire oil and gas sector. Even less well understood is its national impact — in terms of jobs and government revenues.