Baker Hughes announced an order with Petrobras
to provide a suite of digital solutions
across Petrobras sites in Brazil. The order, booked in the fourth quarter 2020, will further expand Petrobras’ digital capabilities following a third quarter 2020 order for a three-year frame agreement across ...
Emerson has received the
“IoT Analytics Platform of the Year” award
for its Plantweb Optics Analytics software. The honor, part of the 5th annual IoT Breakthrough Awards, recognizes Emerson’s analytics software that uses artificial intelligence and machine learning to improve reliabi...
“The Biden administration announced Thursday a
of new oil and gas leasing and drilling permits for U.S. lands and waters as officials moved quickly to reverse Trump administration policies on energy and the environment,” The Associated Press reports.
In 2020, fossil fuel production in the United States declined by an estimated 6% from the 2019 record high of 81.3 quadrillion British thermal units (Btu).
Based on forecasts
in the U.S. Energy Information Administration’s (EIA) January 2021 Short-Term Energy Outlook (STEO), EIA expects total pr...
Manufacturing firms signaled
the sharpest improvement
in operating conditions on record in January, as highlighted by the IHS Markit Flash U.S. Manufacturing Purchasing Managers’ Index (PMI) posting 59.1, up from 57.1 in December. Alongside stronger expansions in output and new orders, the headl...
Industrial production advanced 1.6% in December, with
gains of 0.9% for manufacturing
, 1.6% for mining, and 6.2% for utilities. The increase for utilities resulted from a rebound in demand for heating after unseasonably warm weather in November. For the fourth quarter as a whole, total industrial pro...