Latest Oil, Gas and Utilities News

Altec Industries partner with Prinoth to install cranes on Go-Tract vehicles

Altec Industries, Inc. has partnered with Prinoth to install cranes on their Go-Tract range of vehicles, including the Altec AC38-127S on the new GT4500 tracked vehicle, a huge, off-road unit for use in normally inaccessible terrains. Depending on the need, Altec can install 18 to 38 ton telescopic cranes, high-reach isolated man lift booms up to 46 meters, pressure washers and digger derricks on Prinoth track vehicles. These unique featur... [more]

Stapleton International Ltd appoints David Ridley FRICS as a consultant

Stapleton has announced the appointment of David Ridley FRICS as a consultant to the Company to help in the expansion and future development of the business with particular emphasis on London and the international market. David trained as a quantity surveyor at the College of Estate Management, part of the University of London, before joining Faithful and Gould in 1971 where he spent the next 30 years developing the practice into the largest... [more]

Bonal Technologies achieves excellent customer satisfaction rating

Bonal International, Inc. has announced the results of a recent blind Customer Satisfaction survey performed by an independent consulting firm on its three product lines – Meta-Lax, Pulse Puddle Arc Welding and Black Magic from customers acquiring equipment over a 16-month period. The overall satisfaction rating in the three areas surveyed reached excellent satisfaction rating percentages. The overall rating for the equipment was 98% and sal... [more]

Hill International opens new office in Dusseldorf to expand in Central Europe

As part of a global expansion strategy, US risk management consultancy Hill International is expanding its presence in Central Europe by opening a new office in Dusseldorf. The new office will offer project management and claims consultancy services to construction and energy-related businesses across western Germany and Central Europe. It will be headed by Thomas Hofbauer, Vice President at Hill's Munich office, who brings to the new bra... [more]

TorcUP launches RAPTOR Pneumatic Torque Wrench

TorcUP has announced a pneumatic wrench with continuous and repeatable torque and an accuracy of +/- 5%. Light and fast, the Raptor is ready to accommodate your torque needs from 120 ft/lbs to 6,000 ft/lbs. The Raptor works with a variety of applications making it the ideal tool for any pneumatic wrench need. Ranging in five sizes from the RP-500 to the RP-6000, the Raptor will give you the torque you need when you need it, quickly, reliab... [more]

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Other Oil, Gas and Utilities news and reviews

Oil Execs Chortle as Obama Admin Promotes Renewables (New York Times)
HOUSTON -- Renewable energy is being praised in Washington, but it is generating snickers here in the nation's traditional en...

Expect to pay at least $3 per gallon for gas soon, government says (The Hamilton Journal News)
Expect to pay more at the gas pumps in the near future. The government announced Tuesday that prices will likely exceed $3 per gallon at times this spring and summer as demand increases.

New Study: Federal Energy and Climate Legislation Could Slash U.S. Dependence on Foreign Oil Through Enhanced Oil ... (PR Newswire via Yahoo! News)
Enhanced oil recovery is a key to greater energy security, increased domestic revenues and fewer carbon emissions; "Winner States" include Arkansas, California, Indiana, Illinois, Kansas, Louisiana, Montana, New Mexico, North Dakota, Oklahoma, Texas and Wyoming.

Natural Gas Falls in New York as Weather Cuts Heating Demand (Bloomberg)
March 9 (Bloomberg) -- Natural gas futures fell to a three- month low for the second straight day as mild weather cut heating demand for the fuel, reducing the need to draw on surplus inventories.

Natural Gas Falls in New York as Weather Cuts Heating Demand (Bloomberg)
March 9 (Bloomberg) -- Natural gas futures fell in New York as warm weather cut heating demand for the fuel, reducing the need to draw on surplus inventories.

Natural Gas Rises as Prices at Three-Month Lows Spur Buying (Bloomberg)
March 9 (Bloomberg) -- Natural gas rose in New York as a drop to a three-month low yesterday spurred buying. A colder-than-normal winter has cut a surplus of gas stockpiles compared with the five-year average to 1.2 percent from 16 percent in early December.

A new world of cheap gas (Forbes)
? Shell's announcement that it is in talks to buy Arrow Energy, an Australian coal-seam gas pro

Canadian Oil Sands Reports Net Income Of CAD247 Million In Q3 2009 (OfficialWire)
Canadian Oil Sands Trust - Oil & Gas - Deals and Alliances Profile is an essential source for company data and information.

Broker tips: Petrofac, Inmarsat, Shanks (ShareCast)
LONDON (SHARECAST) - Royal Bank of Scotland (RBS) has mulled over the record numbers announced by oil and gas plant provider Petrofac and determined that they warrant an upgrade in the broker’s rating of the stock.

Crosslands Energy Corp. Negotiating to Acquire Oilfield Services Business (Marketwire)
FORT WORTH, TX--(Marketwire - March 10, 2010) - Crosslands Energy Corp. ( PINKSHEETS : CRDY ) today announced it has been negotiating to acquire a 20-year old Texas-based oilfield services company which also has some interests in oil and gas production. Its oilfield services include water and fluid hauling for oil and natural gas production companies in Texas. It plans to expand into the ...