According to the American Petroleum Institute's latest monthly statistical report, U.S. oil markets kicked off 2021 with a
remarkable January
. Total U....
Manufacturing, process industries and utilities rely on industrial control systems (ICSs) to function and maintain product quality and safety. These s...
BHDT has entered into a
cooperation agreement
with Southeast Valve Inc. (SVI). As a result of this agreement, SVI is now the only authorized repair facility for BHDT products in the U.S. and Canada. SVI will perform the service of BHDT products either with spares supplied by the clients along with the...
Baker Hughes is
acquiring
ARMS Reliability. The acquisition deepens Baker Hughes’ industrial asset performance management (APM) capabilities and will expand the company’s industrial asset management offerings. The acquisition is expected to close in the second quarter of 2021.
According to the American Petroleum Institute's latest monthly statistical report, U.S. oil markets kicked off 2021 with a
remarkable January
. Total U.S. petroleum demand returned to within 1.2% of its level from January 2020 despite the pandemic. Refining and petrochemical demand for other oils &nda...
“While natural gas producers benefited from cold weather forcing closure of wells, shale oil drillers stood on the losing side of the trade as frozen pipes and power supply interruptions were
expected to slow
an output recovery, operators said.”
Texas factory activity expanded at a markedly faster pace in February, according to business executives responding to the
Texas Manufacturing Outlook Survey
. The production index, a key measure of state manufacturing conditions, surged 15 points to 19.9, indicating a sharp acceleration in output grow...
Manufacturing firms signaled a
marked improvement
in operating conditions in February, as highlighted by the IHS Markit Flash U.S. Manufacturing Purchasing Managers’ Index posting 58.5, down slightly from 59.2 in January. The headline index reading was buoyed in part due to a substantial deterio...
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