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Introduction to Pressure Relief Devices - Part 1

Introduction to Pressure Relief Devices - Part 1

When the pressure inside equipment such ...

Is Your Company Ready for The New Reality?

Is Your Company Ready for The New Reality?

Since August, 2015, when VMA’s 201...

Offshore Oil Extraction and Transportation

Offshore Oil Extraction and Transportation

Offshore oil facilities come to the fore...

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Industry Headlines

Marathon Petroleum Plans $2 Billion Refinery Expansion

12 HOURS AGO  |  Chris Guy

Marathon Petroleum recently announced plans to invest $2 billion in the Galveston Bay refinery over the next five years, an investment program collect...

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Industry Headlines

ASCO Announces Brand Transition

14 HOURS AGO

ASCO Numatics, a business unit of Emerson, will begin doing business as ASCO, effective immediately. The transition to the ASCO name will be made on a global basis. It will not affect customer purchasing processes or sales channels.

The company said the ASCO name will leverage the power of its ASCO...

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GE Oil & Gas and Diamond Offshore Enter Landmark Service Agreement

1 DAY AGO

GE Oil & Gas and Diamond Offshore Drilling, Inc. announced the offshore drilling industry’s first-of-its-kind contractual service agreement that transfers full accountability for BOP performance to GE Oil & Gas. Under this model, Diamond Offshore will compensate GE Oil & Gas only w...

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Marathon Petroleum Plans $2 Billion Refinery Expansion

12 HOURS AGO

Marathon Petroleum recently announced plans to invest $2 billion in the Galveston Bay refinery over the next five years, an investment program collectively referred to as the South Texas Asset Repositioning (STAR) program.

"The investments planned as part of the STAR program are intended to increas...

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U.S. Oil Inventories Now at Record High

5 DAYS AGO

Several factors have played a part in pushing U.S. crude oil prices below $30 per barrel, including high inventory levels of crude oil, uncertainty about global economic growth, volatility in equity and non-energy commodity markets, and the potential for additional crude oil supply to enter the mark...

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U.S. Job Openings Climb to Second-Highest Level on Record

17 HOURS AGO

The number of job openings increased to 5.6 million in December, the second highest number ever recorded, the U.S. Bureau of Labor Statistics reported today. Hires and separations were little changed at 5.4 million and 5.1 million, respectively. Within separations, the quits rate was 2.1%, and the l...

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Machine Tool Orders Rose in December, Down in 2015

18 HOURS AGO

The U.S. Manufacturing Technology Orders report for December 2015 showed that order values grew 20.4% compared to the prior month, according to The Association for Manufacturing Technology (AMT). For all of 2015, the year’s total orders were down 17.4% compared to 2014.

While the month-to-mon...

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Economic Downturn Makes Trade Talks a Priority

The economic downturn, along with new leadership in the U.S. and India, is spurring G-8 nations to repair trade talks at their coming summit but Washington remains an obstacle, trade experts say.

 

The rest of the world "is waiting for the U.S." to detail its position on trade, Pascal Lamy, director of the World Trade Organization said in an interview at WTO headquarters in Geneva, days before the Group of Eight leading nations gather July 8-10 in L'Aquila, Italy.

 

Source: Wall Street Journal

 

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