Gasoline pump prices rose last week, but so did demand, according to a weekly survey by MasterCard SpendingPulse.
Demand increased 0.9 percent in the week ending April 11, compared with the week before. But looking at the comparable week from last year, demand was flat and remains near the bottom of the expected range.
“It’s not unusual […]
National Oilwell Varco Inc. obtained a $3 billion line of credit to help pay for its $7.37 billion purchase of drilling products maker Grant Prideco Inc.
Commitments for the unsecured financing came from Wells Fargo Bank NA and a syndicate of other banks.
The credit line is expected to take effect next week, contingent on the closing […]
The 9th International Mining and Machinery Exhibition, organised by Confederation of Indian Industry (CII) In association with Ministry of Mines, Ministry of Coal, Government of India, focuses on the opportunities, both international and national, provided by the shift of mining companies towards customer satisfaction and expectations. It examines till the elements that make up The […]
The Rs 4,000-crore alumina refinery project of Utkal Alumina International Ltd (UAIL) in Kashipur, Rayagada district, seems destined to be further delayed. The project, which has been hanging fire for the last 16 years, is facing fresh trouble from local inhabitants. “Work on the site has stopped for the last three weeks as project-affected […]
Sand Making Machine (namely PCL Vertical shaft impact crusher) is of high-power and low-consumption, which is designed depending on several year’s hard work and study of mechanical mining equipment.
Sand Making Machine absorbed the advanced technology of the same products of Barmac Company of America, now is of the international level. Sand Making Machine plays an […]
Vancouver’s Finning International Inc. has sold 19 of its 400-ton Caterpillar 797B mining trucks, below, valued at more than $100 million to Albian Sands Energy Inc., operator of the Athabasca Oil Sands Project’s Muskeg River mine.
Three of the trucks were added to the Muskeg River fleet in the first quarter, and the other 16 are […]
Looking to focus on its oil and gas operations, Rolland Energy Inc. is to sell its Technology Division Assets for $1.4 million cash to a private Canadian corporation (the “Purchaser”). In addition, the Purchaser is to assume and takeover all the existing client, supplier and employment contracts of the Technology Division, including any obligations associated […]
Petroleum Geo-Services ASA will as previously announced release its 2007 first quarter financial results on Thursday, May 10, 2007 at approximately 8:00 am Central European Time (CET).
A presentation has been scheduled the same day at 9:00 am (CET) at PGS’ Headquarters at Lysaker, Norway. A webcast and conference call have been scheduled the […]
CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce the recent commencement of drilling services for Gulfsands Petroleum PLC in Syria. Drilling services are being provided with CROSCO’s 2000 HP drilling rig EMSCO 602 (Emsco C-2 II). Currently CROSCO is drilling the Khurbet East exploration well KHE 1. The total drilling depth […]
Metso Minerals will supply bulk materials handling equipment to Bateman Africa (Pty) Ltd. for Richards Bay Coal Terminal (RBCT) situated on the east coast of South Africa. The delivery, installation and commissioning will be completed by the first quarter of 2009. The value of the order is approximately EUR 17 million (approx. ZAR 160 […]