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Oil and gas industry 'needs $US170 billion cut in costs'

2015-01-26 07:23:50| Oil & Gas - Topix.net

Large-scale corporate M&A deals are more likely than at any point since the late 1990s. Photo: Jessica Shapiro The global oil and gas industry needs to cut costs by at least $US170 billion to avoid an increase in net debt, with cutbacks a matter of survival for some companies as they struggle with plummeting oil prices, according to consultancy Wood Mackenzie.

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India To Propose Global Collaboration Solar Power R&D To Cut Costs

2015-01-25 01:00:00| Climate Ark Climate Change & Global Warming Newsfeed

CleanTechnica: In an attempt to boost its image as a global leader in the solar power market, India is planning to propose a collaboration among nations to promote research and development with an aim to reduce costs. The Indian Prime Minister, Narendra Modi, has floated this idea among his council on climate change. According to the information provided by the ministry for environment and forests following the council`s first-ever meeting, the Prime Minister proposed the countries with high solar energy resource...

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Virgin America Falls on Rising Costs as Hedges Hold Fuel Up

2015-01-24 10:49:29| Apparel - Topix.net

The stock slid to $38.36 at the close in New York, the biggest one-day drop since the carrier's initial public offering in November. Almost 3.8 million shares were traded, 51 percent more than the daily average in the three months before today.

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Drones to Cut Inspection Costs in Half, Improve Distribution Reliability

2015-01-23 17:25:00| Transmission & Distribution World

Sharper Shape, a supplier of drone (UAV) based automated asset inspection and maintenance planning services demonstrated drones with advanced sensors in public test flights. The flights are part of a completed research project conducted with the Electricity Research Pool at Finnish Energy Industries. read more

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Mcor Technologies to Help SolidWorks World 2015 Participants Save 80% on Prototyping Costs

2015-01-23 11:32:27| Industrial Newsroom - All News for Today

DUNLEER, Ireland  Mcor Technologies Ltd, manufacturer of the only line of desktop paper-based 3D printers, announced today that they will help SolidWorks World 2015 participants save 80% on their prototyping costs and create new and profitable revenue streams with Mcor's full-color SDL (Selective Deposition...

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