02232019Sat
Last updateFri, 22 Feb 2019 5pm

i

Texas Chemical Industry Looks for Much Better Prospects in 2010

After a predictably dismal year in 2009 for the Chemical Processing Industry (CPI) in Texas, a stronger outlook for 2010 appears to be in the making. Texas CPI plant owners saw more than $900 million in projects placed on indefinite hold or canceled entirely this year. As 2010 approaches, CPI project activity currently reported in Texas shows an increase in overall capital and maintenance spending by an estimated 36%, with the total investment value totaling more than $1.5 billion.

 

Source: Industrial Info Resources

 

View Full Article


China's Petroleum and Chemical Industries' Sept. Output Values Boom

The output value of China's petroleum and chemical industries set a new record high in September by increasing 3.3 percent on year to 613.97 billion yuan, ending its 9-month negative growth streak, according to the latest report by the China Petroleum and Chemical Industry Association.

 

The chemical industry's output value saw an 11.9 percent on-year growth and a rate of growth up 4.5 percentage points on month, and that of the petroleum and natural gas exploration industry fell 23.7 percent on year with its rate of decrease narrowing 13.7 percentage points on month.

 

Source: Trading Markets

 

View Full Article

Govt. Cash Grant Overview for Renewable Energy Projects

In the summer of 2009, the US Treasury Department revealed its cash grant program to subsidize renewable energy projects under Section 1603 of the American Recovery and Reinvestment Act of 2009. Treasury then issued detailed guidance for the applications in August 2009 and is now accepting applications, with the first awards already made.

 

Source: Globe St.

 

View Full Article

Louisiana Shale Could Change Fate of U.S. Energy Supply

Two miles beneath northwest Louisiana's patchwork quilt of forests, cotton fields and pastures, dozens of drill bits are grinding their way toward what may be the nation's energy future.

 

The region around Shreveport has known oil and gas exploration for decades, but it's now buzzing anew as companies try to capitalize on one simple fact — locked into cement-like shale formations thousands of feet underground are potentially huge quantities of natural gas.

 

Source: Houston Chronicle

 

View Full Article

Traditional Owners Horrified by Oil, Gas Leaks

Northern Territory traditional owners say they are horrified by oil and gas spills off the north-west Australian coastline.

 

This week it was made public that gas has been leaking from the East Puffin Field, off the north-west Australian coast, for more than seven weeks.

 

Source: ABC News

 

View Full Article

Subscribe Fall18

FREE SUBSCRIPTION*

• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

KNOWLEDGE FORUM 2019 300x250

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products