12122017Tue
Last updateTue, 12 Dec 2017 3pm

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Process Instrumentation in Oil and Gas

Process Instrumentation in Oil and Gas

Process instrumentation is an integral p...

Check Valves in LNG Cryogenic Service

Check Valves in LNG Cryogenic Service

Because natural gas is currently conside...

Will Smart Machines Obsolete Human Resources?

Will Smart Machines Obsolete Human Resources?

Is artificial intelligence (AI) going to...

Is Valve Live Loading an Option?

Is Valve Live Loading an Option?

Valves leak. There’s no getting ar...

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Industry Headlines

Construction Index Remains Strong in November

Monday, 11 December 2017  |  Chris Guy

The Dodge Momentum Index surged again in November, climbing 13.9% to 149.5 from the revised October reading of 131.3. The Momentum Index is a monthly ...

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Construction and Mining: Is 2018 The Year for Growth?

Construction and Mining: Is 2018 The Year for Growth?

Tuesday, 12 December 2017  |  Kate Kunkel

While there is a degree of optimism in the mining industry that hasn’t been seen for some years, much uncertainty still exists in this sector. A...

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Industry Headlines

Classic Controls Certified by ITT Engineered Valves, REXA

4 DAYS AGO

Classic Controls is now certified by ITT Engineered Valves to repair Skotch brand FM approved and general purpose burner shut-off valves for oil and gas fired systems.

REXA, Inc. has also appointed Classic Controls as its exclusive authorized sales representative in the state of Florida. Classic Contr...

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Emerson Completes Paradigm Acquisition

7 DAYS AGO

Emerson has completed the purchase of Paradigm, a provider of software solutions to the oil and gas industry. Paradigm will be combined with Emerson’s Roxar software business to create a more comprehensive Exploration & Production (E&P) software portfolio offering.

Paradigm is headquarter...

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China to Become Second-Largest LNG Importer

4 DAYS AGO

The world’s no. 1 energy user, China, “is on the verge of passing South Korea to become the No. 2 buyer of LNG behind Japan, as environmental measures and winter heating needs boost demand,” Bloomberg reports .

“Tankers with total capacity of 33.6 million metric tons have visited...

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New Permian-Gulf Pipeline Proposed

6 DAYS AGO

Magellan Midstream Partners intends to develop an approximately 375-mile, 24-inch diameter pipeline from Crane to a location near Three Rivers, TX, providing shippers the option to ultimately deliver crude oil and condensate from the Three Rivers area to the Houston area via a new 200-mile pipeline or...

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Construction Index Remains Strong in November

17 HOURS AGO

The Dodge Momentum Index surged again in November, climbing 13.9% to 149.5 from the revised October reading of 131.3. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for non...

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U.S. Adds 228,000 Jobs in November

3 DAYS AGO

Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1%, the U.S. Department of Labor reported today. Employment continued to trend up in professional and business services, manufacturing and health care.

In November, manufacturing added 31,000...

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AGC: Commercial Construction Spending Dips Slightly in July

Construction spending in July maintained consistent year-over-year growth despite a pullback from the June peak, according to an analysis of new federal data by the Associated General Contractors of America (AGC). Association officials said they expect the disparity between private and public construction to persist unless Washington acts to fix infrastructure funding challenges and pass long-delayed measures.

Power and energy construction fell for the fifth month in a row in July, by 1.4% compared with June, but the total still rose 21% from a year ago, thanks in part to oil and gas activity. Manufacturing construction, which shrank 2.1% for the month but was 17% higher than in July 2011, should resume growing in the coming months.

Public construction remains plagued by budget woes, especially for local governments and school districts. Street construction spending inched down 0.3% in July but was up 5.2% over 12 months, while educational construction spending decreased 0.6% and 5.0% respectively. Other public segments dipped 0.2% for the month and 0.8% year-over-year.

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