Tag: increase
EIA: natural gas to increase in consumption 40% by 2050
According to the annual report from the Energy Information Agency (EIA), natural gas is predicted to see a 40% increase in consumption by the US industrial sector by 2050.
US oil rig count increasing
This week, US drillers added oil rigs for an 11th week in the past 12, according to a recently published report. The rig count is increasing or holding steady every week so far this quarter.
Industrial valves market worth $88.4 B by 2021
Zion Research has published a new report titled “Industrial Valves Market by Type (Gate, Butterfly, Ball, Check, and Globe) Market for Oil & gas, Chemical, Power, Water & Wastewater and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021.
Texas manufacturing rose in July
Factory activity in Texas remained negative in July 2015, according to the Texas Manufacturing Outlook Survey, but rose for a second month in a row to -1.9. This number suggests further moderation in the decline of manufacturing output in the state.
Petrobras’ production in Brazil up by 3.4%
Petrobras’ total oil and natural gas production in Brazil averaged 2,441 thousand barrels of oil equivalent per day (boed) in December 2012, indicating a 3.4% increase from November of the same year.