The Weir Group’s board of directors will initiate a process to
the Flow Control division. This process will focus on maximizing value for shareholders, with all options to be considered and no fixed timetable. Proceeds will be used to further reduce leverage and to fund future investment in...
Emerson and BlueFin have signed a working partnership agreement to deliver the Roxar gauge technology to the U.S. Gulf of Mexico (GoM) region. The
will deliver a combined offering of Emerson's technology coupled with BlueFin's installation services and chemical injection systems.
The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has granted an Approval to Drill a Well (ADW) to BP Canada and has
the commencement of drilling operations for its Aspy D-11 exploration well. BP Canada’s proposed drilling program was previously subjected to an environmental as...
An assessment of monthly data shows that in 2017 Organization for Economic Co-operation and Development (OECD) natural gas production grew by 2.4% compared to 2016. This
growth was driven
by increases in production across all OECD regions, particularly in Asia Oceania (+17.7%), whilst the Americas and...
New construction starts in March increased 11% from the previous month to a seasonally adjusted annual rate of $785.2 billion, according to Dodge Data & Analytics. The substantial gain followed modest declines in January (down 2%) and February (down 3%) and brings the pace of total
Economic activity continued to expand at a modest to moderate pace across the 12 Federal Reserve Districts in March and early April. Outlooks remained positive, but contacts in various sectors including manufacturing, agriculture and transportation
about the newly imposed and/or prop...
Billions of dollars of planned spending for shale gas projects could be threatened by public relations initiatives mounted by those who oppose the development, industry speakers told a natural gas conference in Denver earlier this month.