Global pipe and tube producer Tenaris S.A. has announced that it officially opened its new oil country tubular goods (OCTG) threading mill in Ecuador on Tuesday, September 16. Since the start of the project in late 2012, Tenaris has ...
Tags: Tenaris S.A, OCTG
China has slashed its official target for shale gas production in the medium term by up to a third and now expects to achieve 30 billion cubic meters of output by 2020, according to the country's Ministry of Land and Resources at a briefing ...
WASHINGTON (AP) — U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants that was due mainly to seasonal adjustment problems. Output at manufacturing ...
BASF Group company Wintershall is further expanding its oil and gas production and reserves in the North Sea. Wintershall will acquire shares in the two producing fields Gjøa (5%) and Vega (24.5%), the development project Aasta ...
Tags: BASF, oil, gas production
Brazilian mining and iron ore producer Vale is selling its oil and gas assets to focus solely on iron ore, local Brazilian reports said. According to media reports, one the remaining upstream oil and gas licenses Vale had was now sold to ...
Tags: Oil, Gas, Iron ore, Metallurgy, Mineral
New orders to U.S. production plants soared a record 10.5 percent in July on a 74 percent bookings spike in the volatile transportation sector. The somewhat misleading double-digit gain was propelled by an eye-popping 317.3 percent surge in ...
Tags: Industrial Equipment, Hardware
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has stated that for the second half of the current year it foresees growth in the pipe market in Russia mainly due to higher consumption of large diameter (LD) ...
CALGARY, AB—Maverick Oilfield Services announced that it has acquired Latigo Trucking Ltd. "The opportunity to add Latigo to our portfolio of companies enhances our growth strategy,” said Chris Challis, Maverick CEO. "Finding ...
Tags: Maverick Oilfield Services, Latigo Trucking, Transportation
For the first half of 2014, Thailand-based PTT Global Chemical Company has announced a dividend of Baht 1.37 per share to existing shareholders. The dividend payout amounts to Baht 6,191 million or 50 percent of the net profits for the ...
NEW YORK (AP) — General Electric’s net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions. The company said orders, especially those in developing countries, were ...
Tags: GE, Electrical, Electronics
With interconnect, passive and electromechanical IP&E component suppliers about to announce their quarterly earnings over the next few weeks, one fact is certain: several are now fatter companies thanks to a second quarter buying spree of ...
Tags: IP&E, Electrical, Electronics
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, is stepping up its efforts to expand its product offerings in China. Manufacturing capacity for new modified polypropylene powder products will be added to the ...
Tags: Axalta, China, Decoration
ShawCor Ltd. has completed the acquisition of all of the outstanding shares of Desert NDT LLC , first announced on May 8, 2014, for a total consideration of approximately $260 million, subject to adjustment for changes in working capital. ...
Tags: ShawCor, acquisition, Construction
Marketandmarket's report "Cellulose Ethers Market by Derivative (Methyl, Ethyl, Hydroxyethyl, Hydroxypropyl & Carboxymethyl Cellulose), by Application (Pharmaceuticals, Personal Care, Construction, Food & Beverages, Surface Coatings & ...
Tags: Cellulose Ethers, trend, Decoration
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced its operational results for the first half of the current year. In the first half, TMK shipped 2.056 million mt of steel pipes to customers, ...
Tags: TMK, operational results, Metallurgy, Mineral