05262016Thu
Last updateThu, 26 May 2016 2pm

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Industry and Regulatory Changes in Offshore Operations

Industry and Regulatory Changes in Offshore Operations

On May 13, 2016, the offshore oil and ga...

Strategies for Successful SIS Valve Diagnostic Implementation

Strategies for Successful SIS Valve Diagnostic Implementation

End users and contractors alike strive t...

Stop Check Valves

Stop Check Valves

Stop check valves are vital to several i...

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Industry Headlines

Why $50/Barrel Oil Means Stability to U.S. Producers

-1 DAYS AGO  |  Chris Guy

The rise to $50-per-barrel oil means a return to stability, particularly for domestic shale producers, according to Dan K. Eberhart, CEO, Canary, LLC....

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Industry Headlines

ValvTechnologies Names Garcia, Mermelstein to New Positions

17 HOURS AGO
ValvTechnologies Names Garcia, Mermelstein to New Positions

ValvTechnologies, Inc. has named David Garcia director of manufacturing and Steve Mermelstein as regional director, Americas and director, channel management.

Previously, West Point graduate Garcia served as director of operations for Merla Wellhead Solutions and held plant manager positions at Hallib...

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Emerson Automating UK Waste-to-Energy Plant

18 HOURS AGO

Emerson will provide control systems and project services for a new waste-to-energy power plant near Knaresborough Allerton, North Yorkshire, UK. Construction is expected to be completed in 2017, with the plant fully operational in 2018.

The plant , which will also incorporate biogas and recycling faci...

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Why $50/Barrel Oil Means Stability to U.S. Producers

-1 DAYS AGO

The rise to $50-per-barrel oil means a return to stability, particularly for domestic shale producers, according to Dan K. Eberhart, CEO, Canary, LLC. At this level , companies that saw the value of their product drop more than 75% in less than two years might have the confidence to resume drilling ac...

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Oil Industry Expects Cuts for Record Third Straight Year

13 HOURS AGO

According to Statoil ASA, “[g]lobal crude supplies will start to dwindle in as little as two years, boosting prices, as the industry cuts investment to weather the worst market collapse in a generation,” Bloomberg reports .

“Despite signs the supply glut is easing, companies are prepar...

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Durable Goods Orders Surge 3.4%, But Demand Soft

-1 DAYS AGO

New orders for manufactured durable goods in April increased $7.7 billion or 3.4% to $235.9 billion, the U.S. Census Bureau announced today. This increase, up three of the last four months, followed a 1.9% March increase. Excluding transportation, new orders increased 0.4%. Excluding defense, new or...

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Markit PMI Shows U.S. Manufacturers Stagnating in May

1 DAY AGO

The U.S. manufacturing sector crept closer to stagnation in May, with the seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers’ Index (PMI) registering only slightly above the neutral 50.0 mark at 50.5. This was down from 50.8 in April and signaled only a marginal improvement...

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Rotork Reports Half Year Results

Rotork Controls order intake was a record in the first half, 7.1% higher than the first half of last year, resulting in an order book of £95.9m, 5.1% ahead of last December. Growth in Asia and the far east has slowed as activity in India and China remained subdued in the second quarter. However, there was stronger growth in the USA, Latin America and Russia, while Australia has started to see the benefit of unconventional gas projects, leading to increased sales of Rotork Process Control actuators. China and India are traditionally strong power markets for Rotork, and has seen this market slow, sales efforts in those countries have switched to the more active oil and gas and water markets.

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