Canton, Ohio-based The Timken Company reported Thursday that sales in Q4 2012 of $1.1 billion were down 15 percent from the same period in 2011 due to lower demand in the company's light vehicle, heavy truck, mining and energy-related end ...
Tags: Timken, 2013 Sales, Q4
Prompt prices on the UK's NBP gas trading hub rose Wednesday morning as demand exceeded expectations and the market sought to maintain a premium to Continental prices in order to secure supply, a market source said. At 1200 GMT, the ...
Tags: NBP gas, UK, gas market
Global demand for pumps is forecast to rise 6.4 percent per year through 2016 to $76.1 billion. Although growth will be healthy across the globe (spurred by recovery from the recent economic downturn), the drivers of growth will vary by ...
Tags: pump, pump demand, economic downturn
European ethylene has firmed over the last week on a pick-up in demand from buyers, according to sources Monday. "Our crackers and polyolefin plants have ramped up rates as demand has improved. We are operating at plus 80% on our plants," ...
Amarinth, a leading company specialising in the design, application and manufacture of centrifugal pumps and associated equipment to Oil & Gas, petrochemical, chemical and industrial markets, has won its first order in Iraq to supply 12 API ...
Tags: Amarinth, Oil, Gas, petrochemical, chemical, industrial markets
Same and next-day gas prices on the UK's NBP trading hub were valued below 61.00 pence/therm on the last trading day of the year, around 7 pence down on the start of the month. The within-day contract was valued at 60.50 p/th at 1200 ...
Tags: gas prices, gas market, UK, gasd indusrty
The international credit ratings agency Standard and Poor's has announced that the France based seamless steel tube producer Vallourec will maintain its strong market positions in premium steel pipes and connections for the oil and gas ...
Tags: Standard and Poor, seamless steel tube, Vallourec, market positions
European gas markets have lost over 10 years of growth, with demand back to the levels of the 1990s, Professor Jonathan Stern of the Oxford Institute for Energy Studies told the UK House of Lords EU energy subcommittee Wednesday. He ...
Tags: gas markets, gas, gas demand, gas prices
Turkey is still highly dependent on Iranian oil imports, despite being given 6 month exception to the sanctions alongside India, South Korea and China amongst others. This was to give the countries time to diversify their energy sources ...
Tags: Turkey, Iranian oil imports, oil, oil industry
Vallourec world leader in premium tubular solutions, announced the expansion of its VAM® Connection Technology Center in Houston. This center will enable Vallourec to support its customers' needs with new, innovative products, and to ...
Gas prices at the Dutch and German markets fell further Tuesday, on both the prompt and curve, despite continuing colder-than-average temperatures and rising oil, as piped imports remained stable and weather forecasts showed a return to ...
Tags: gas prices, gas industry, gas market, gas import
The Electric Reliability Council of Texas' natural gas consumption continued to fall as the market share of coal continued an upward trend while power consumption in the region remained steady in November from the same month a year ago, ...
Tags: natural gas, natural gas consumption, Texas, gas market
Washington, DC -- Key members of the oil and gas industry and energy-intensive manufacturing industries recently participated in a seminar, Hydraulic Fracturing, Natural Gas and the U.S. Manufacturing Renaissance, at the Ronald Reagan ...
Tags: oil and gas, Natural Gas, energy-intensive manufacturing
Berlin hosted the 27th meeting of the European Business Congress Presiding Committee.The meeting was moderated by Mr Alexey Miller chairman of the Gazprom Management Committee. According to the agenda,the meeting participants heard the ...
Tags: 27th meeting of the European Business Congress Presiding Committee
Dialight has secured LED lighting orders from a manufacturer of onshore drilling rigs and the operator of a solar-thermal power plant in the California desert. LED lighting manufacturer Dialight (LSE: DIA.L) has secured two major orders in ...
Tags: LED fixture, LED high bay, LED light fixtures, LED lighting, Dialight