So, it turns out The Wall Street Journal doesn’t have a section in their fine publication devoted to coated components. But here’s the thing – what we do, what you do, it’s a BIG deal. So we’re not going to quit our day jobs, but we monitor what’s going on and post it here on our site. Make sure to bookmark this page, visit often and tell your friends. This is your hub for news and updates for the industry.
The articles linked on this page are shared for informational purposes. The opinions and viewpoints expressed within these articles or their corresponding 'Comments' sections do not necessarily reflect those of Plasma-Tec and/or the employees of Plasma-Tec.
Business activity in the euro zone has grown faster than expected this month. New surveys suggest the regions economic recovery was becoming more broad-based with growth in the blocs two largest economies. Euro Zone Business Activity Higher in September By: Jonathan Cable LONDON Business activity in the euro zone has grown faster than expected this month as new orders flood in at their fastest pace in over two years, surveys showed on Monday, adding to signs that the economy is healing. The surveys suggest the regions economic recovery was becoming more broad-based with growth in both Germany and France, the blocs two largest economies. Markits Flash Composite Purchasing Managers Index (PMI) jumped to 52.1 from last months 51.5, its highest since June 2011 and beating expectations for 51.9. The pace of growth in the blocs dominant services sector beat all forecasts in a Reuters poll. The PMI came in at 52.1, well ahead of Augusts 50.7 and comfortably above median expectations
In parts of Europe and West Africa, oil discoveries hit new lows in 2013 and 2014. This has caused oil firms to cut spending, including exploration, which could hit oil price with a lag. Dearth of oil finds threatens long-term supplies, price By: Balazs Koranyi and Joachim Dagenborg STAVANGER, Norway, Aug 27 (Reuters) - The rate of oil discoveries continues to disappoint after a record low last year and firms could even cut their exploration budgets to save on costs, a risk to long-term supplies and prices, industry executives said. Explorers are finding so little oil, many are retreating from high-risk frontier areas to safer bets like North American shale, executives at a major Norway oil conference said. This will likely force them to buy expensive discoveries once investor sentiment shifts focus to reserves from cash flow. If you look back on 2013, it was a record low year in terms of discovering new resources, Helge Lund, the CEO of Norways Statoil, said. And year to date
According to Wood Mackenzie, emerging unconventional oil and gas development projects in the United States have the combined potential to produce more than one million barrels of oil equivalent per day by the end of 2020. Jon Mainwaring details the third phase of these processes being used in the US that could show the way ahead in Europe. Wood Mackenzie: Third Wave of US Shale to Show Europe the Way Ahead By: Jon Mainwaring Energy research firm Wood Mackenzie believes the emerging third phase of onshore unconventional oil and gas development in the United States could show the way ahead for shale gas and oil projects in Europe. Wood Mackenzie said that after conducting an in-depth analysis of U.S. unconventional activity over the last decade, it considers that the emerging third phase of the unconventional sector in the Lower 48 States of the United States focusing on brownfield exploration signals a shift in the industrys thinking about what constitutes a successful unconventional