Natural gas-supported plays such as the Haynesville, Fayetteville and Barnett bring a sufficient internal rate of return of around 20% at a gas price of $5/MMBtu, while the Marcellus has the same rate of return at $4, analysts with Platts ...
Tags: Shale Gas Drilling, Natural gas
Ontario-based Russel Metals reported Q12013 earnings of $22 million on revenues of $822 million. These results compare to the earnings of $33 million on revenues of $803 million in the same quarter last year and are above the Q4 2012 ...
Tags: Energy Segment, Russel Metals
ConocoPhillips, the biggest gas producer in northwestern New Mexico's San Juan Basin, will temporarily suspend new gas drilling there until further notice, a spokesman said Thursday. "We're beginning, effective immediately, a temporary ...
Tags: Metallurgy, Mineral, Energy, oil
National Oilwell Varco, Inc. and Robbins & Myers, Inc. jointly announced that National Oilwell Varco’s acquisition of Robbins & Myers is complete. Pete Miller, Chairman and CEO of NOV, remarked, “We are happy to have all of ...
Houston, Texas- based National Oilwell Varco, Inc. and Robbins & Myers, Inc. jointly announced today that National Oilwell Varco's acquisition of Robbins & Myers is complete. Under the merger agreement for this transaction, Robbins & ...
Advanced surface coating specialist Hardide Coatings has secured a grant of up to £250,000 under the Technology Strategy Board’s ‘Smart’ scheme to commercialize a novel coating that will enable a new generation of ...
Tags: surface coating, Hardide Coatings, Technology Strategy Board
The construction industry shed 2.2 million workers between January 2007 and last year. So now there's an overabundance of them eager for jobs, right? Wrong. Contractors are struggling with shortages of workers as the home-building market ...
Tags: construction industry, workers, shortage, construction
Bri Chem Corp a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids and steel pipe is pleased to announce that Bri-Chem has closed a ten million dollar subordinated debt facility with Fulcrum Capital ...
Tags: oildrilling, gas drilling, steel pipe, Fulcrum Capital Partners
According to statistics released by the China Customs, China exported 230,400 tons of welded steel pipes in October, decreasing by 29.5% from a month ago. Among them, the exports of line pipes totaled 89,900 tons, slumping by more than ...
Tags: welded pipes, welded steel pipes, steel pipes, line pipes
Baker Hughes Inc said its international rig count for November rose 0.6% from the prior month and 6.9% from a year ago to 1,267. The international offshore rig count for November was 300, versus 306 the prior month and 302 in the year ago ...
Tags: rig count, natural-gas, Oil and gas
Optima Specialty Steel Inc said that demand for specialty-steel products used in hydraulic fracking is poised to continue rising next year as energy companies step up exploration and production in shale-rock formations. Mr Kevin Stevick ...
Tags: Optima, Optima Specialty Steel, steel tubing
Wajax Corporation, Toronto, Ontario, announced a 12 percent increase in 2012 second quarter earnings. Second Quarter Highlights Consolidated second quarter revenue of $386.6 million increased $52.5 million, or 16 percent compared to last ...
Tags: market view, construction Equipment, excavator, mining equipment
Cattle on the Schilke Ranch in northwestern North Dakota, located on Bakken Shale. Photo: Jacki Schilke In a Brooklyn winery on a sultry July evening, an elegant crowd sips rosé and nibbles trout plucked from the gin-clear streams ...
Tags: Agriculture, Food
Rotational molding volume will track U. S. Gross domestic product, continuing a trend that began in the mid-1990s, economist Peter Mooney, said at a Society of Plastics Engineers conference. Mooney issued his sixth rotomolding report in ...
Tags: market view
GOVERNMENT help for solar power was supposed to be a triple play: jobs at a time of dire short-term need; incubation of an American industry sure to be important on a global scale in the next few years; and a long-term reduction in ...
Tags: Market View, solar