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.
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When crude prices started to slide in June, many small oil firms had to rethink plans of future projects and IPOs. Small Oil Firms Hunt For Cash As Crude Slump Shuts IPO Door By: Francesco Canepa Andrew Winterbottom (Reuters) ONDON, Jan 20 (Reuters) - Slumping oil prices are shutting the door to stock market listings for small oil and gas firms, forcing many to tap more costly forms of financing or to shelve projects and wait for better times. Initial public offerings (IPOs) in the oil and gas sector worldwide have dwindled since crude started sliding in June. The amount raised through listings in the second half of 2014 fell 63 percent from the first six months of the year to $3.8 billion, Thomson Reuters data showed. Energy company listings shelved since July include Dubais oil-rig contractor Shelf Drilling, which was planning to list on the London Stock Exchange, and Samudra Energy, which owns oil and gas interests in Indonesia and was eyeing a listing in Singapore. Projects