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· GDP Market Update Headlines - March 2014
· Oil & Gas Sales Lead Headlines - March 6, 2014
· North American Municipal Wastewater Treatment Plants Update Headlines - February 2014
GDP MARKET UPDATE HEADLINES
March 2014
AMERICAS
ASIA
EUROPE / AFRICA / MIDDLE EAST
AMERICAS
United States
Markets and economists are responding to news that real gross domestic product grew less than previously estimated in the fourth quarter with a yawn.
Data from the Bureau of Economic Analysis shows that real GDP — which measures output produced in the United States — grew at an annual rate of 2.4% in the fourth quarter of 2013. The second estimate is down 80 basis points from the 3.2% advance estimate BEA put out in January. The figure shows fourth quarter growth relative to the third quarter, when real GDP increased 4.1%.
The lowered fourth quarter estimate, explained BEA in a release, reflects smaller than previously estimated growth in personal consumption expenditures. There were also downward revisions to business investment in inventories and exports, as well as state and local government spending. These were partially offset by an upward revision to business fixed investment and inflation.
Stocks were trending up following the release. Joseph Lake, U.S. analyst for The Economist Intelligence Unit, wrote in a note on the results that the downward revision, “was widely expected and does not alter the big picture that the U.S. is continuing to slowly recover from the financial crisis.” Adding, “Consumer spending, while revised downwards from the original estimate, still grew by its fastest pace in almost two years, a reflection of the improvement in the underlying economic fundamentals, which bodes well for 2014.” (The remaining text is not included in this sample.)
ASIA
India
Recently released data show that real GDP in India grew at a year-over-year rate of 4.7% in Q4-2013. Although the outcome was in line with the consensus forecast, it marks the seventh consecutive quarter in which GDP has grown at a sub-5 percent rate. The days of very robust economic growth that characterized the middle years of the last decade are clearly a thing of the past.
Although output in the service industries accelerated, suggesting that growth in consumer spending likely remained solid in the fourth quarter, growth in the agricultural and utility sectors slowed. The downshift in construction—growth slowed from 4% in Q3 to nearly 0% in Q4—may reflect the effects of monetary tightening by the Reserve Bank of India (RBI), while the contractions in the mining and manufacturing sectors illustrate the continued challenges faced by Indian industry. (The remaining text is not included in this sample.)
EUROPE / AFRICA / MIDDLE EAST
Eurozone
It was the third quarter of growth since the end of an 18-month recession, the longest period of contraction to affect the single currency area.
It has now managed three consecutive quarters of growth as the wider economy responds to the calmer conditions that now prevail in the region's financial markets.
But it is still distinctly sluggish; certainly not robust enough to be likely to make much of an impact on the serious jobs problem suffered by some countries.
The best that can be said is that unemployment has stabilized. Nor is the growth strong enough to dispel the growing concern that the eurozone might be heading for deflation (falling prices). . (The remaining text is not included in this sample.)
A complete analysis of GDP and Monthly Updates for individual countries is included as part of Thermal Catalytic World Air Pollution Markets.
Oil & Gas Sales Leads Headlines
Oil and Gas Project Tracking is Available at a Discount to Thermal Catalytic World Air Pollution Markets report subscribers.
Treatment chemicals are an important addition to most oil and gas processes. Access to details on the worldwide oil and gas projects is provided at a substantial discount to Thermal Catalytic World Air Pollution Markets report subscribers.
March 6, 2014
(Listed by most current date)
John Crane Wins Project to Supply Products and Service for Iraq's Zubair Oil Field (Agreement Dated: 3/6/2014)
Plains All American Announces Eagle Ford Fractionator Project and Infrastructure Expansions (Project Dated: 3/6/2014)
Saudi Aramco Awards Fadhili Gas Plant FEED Contract to Foster Wheeler (Contact Dated: 3/6/2014)
KBR Enters Into Enterprise Framework Agreement with Shell for Module Fabrication (Agreement Dated: 3/6/2014)
Statoil Discovers Oil and Gas in Barents Sea Formations (Article Dated: 3/6/2014)
Kinder Morgan and Imperial Oil to Build Edmonton Crude Oil Rail Terminal (Joint Venture Dated: 3/6/2014)
Frac Sand Producer, Source Energy Services Locates on Canadian National's Wisconsin Network (Article Dated: 3/5/2014)
GDF Suez Wins Five Southern North Sea Licenses (Article Dated: 3/5/2014)
Construction of Alanco Energy Colorado Oil & Gas Disposal Landfill Approved (Project Dated: 3/5/2014)
Nido Petroleum Signs $7 Mln Drilling Rig Contract with UMW Standard Drilling (Contacts Dated: 3/5/2014)
NGL Energy Partners LP Acquires Keyera Energy Inc.’s NGL Terminals (Acquisition Dated: 3/5/2014)
Alfa Laval Wins SEK 50 Mln Offshore Order for Part of Auxiliary System on North Sea Platform (Order Dated: 3/5/2014)
Kuwait Oil Awards Technip $400 Mln Contract for Project Management Consultancy Services (Contract Dated: 3/5/2014)
Abu Dhabi’s TAQA Receives UK Government Approval for Morrone Field (Project Dated: 3/4/2014)
Rising Saudi Energy Use a Bigger Threat to Saudi Oil and Gas Industry than U.S. Shale Oil (Article Dated: 3/4/2014)
Colombia's Ecopetrol Raises Its 2014 Investment Budget 11% to $10.6 Bln (Article Dated: 3/4/2014)
Parkmead Awarded Five New Blocks Offshore UK’s Southern North Sea (Award Dated: 3/4/2014)
Rolls-Royce Wins Contract from Hyundai to Help Boost Domestic Oil Production in UAE (Project Dated: 3/4/2014)
Mexico's Landmark Energy Bill Nears Final Approval (Article Dated: 3/4/2014)
Bumi Armada of Malaysia Wins Contracts to Supply Three Ice-Class Vessels to Lukoil (Contract Dated: 3/3/2014)
Petrofac & Taleveras Sign MOU with Nigeria’s NPDC (Contract Dated: 3/3/2014)
Drydocks Signs LOI with Innovation Management to Build Jack-Up Rigs (Contract Dated: 3/3/2014)
Mott MacDonald Awarded Project Management Consultant Contract for Hail Field in UAE (Contract Dated: 2/28/2014)
RasGas Awards EPC Contract for Onshore Flow Assurance Project to Chiyoda Almana (Project Dated: 2/28/2014)
AMEC Awarded $124 Mln PMC Contract for Umm Lulu Phase 2 Offshore UAE (Project Dated: 2/28/2014)
Enable Midstream Holds Open Season for New Crude Oil Gathering System in ND (Project Dated: 2/27/2014)
GE Selects Oklahoma City Site for New Global Hub of Oil & Gas Technology Innovation (Project Dated: 2/27/2014)
UK’s Amec to Buy Foster Wheeler in $3.2 Bln Merger (Merger Dated: 2/27/2014)
Egypt’s Petroleum Minister Promoting Use of Coal over Natural Gas (Article Dated: 2/27/2014)
Kuwait Oil Awards WorleyParsons a $400 Mln Program Management Contract (Contract Dated: 2/27/2014)
KNPC Awards AMEC with $255 Mln Project Engineering and Management Services Contract (Contract Dated: 2/27/2014)
Honeywell UOP Technology Selected to Help Meet Demand for Key Petrochemicals in China, Part 2 (Project Dated: 2/21/2014)
Update on Qatar Petrochemicals Sector (Update Dated: 2/10/2014)
Sasol Expands Sasolburg Ethylene, Polyethylene Capacity by Debottlenecking Cracker (Project Dated: 2/6/2014)
Honeywell UOP Technology Selected to Help Meet Demand for Key Petrochemicals in China Part 1 (Project Dated: 2/6/2014)
Update on Saudi Arabian Petrochemicals Sector (Update Dated: 2/6/2014)
NOVA Chemicals Announces First Petrochemicals from Marcellus Shale Ethane at its Ontario Cracker (Article Dated: 2/6/2014)
Taiwan Approves First Petrochemical Investment Plan in China for $263.62 Mln (Investment Dated: 2/6/2014)
Kuwait Shows Interest in Buying Stake in ONGC Petrochemical Plants (Article Dated: 2/6/2014)
These sales leads are part of Oil, Gas, Shale and Refining Markets and Projects and are issued bi-weekly. As a subscriber to Thermal/Catalytic World Air Pollution Markets you receive a 30 percent discount for this service.
For more information on Oil, Gas, Shale and Refining Markets and Projects, click on: http://home.mcilvainecompany.com/index.php/markets/28-energy/471-n049
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NORTH AMERICAN MUNICIPAL WASTEWATER TREATMENT PLANTS UPDATE HEADLINES
February 2014
ARIZONA
· More Septage, Untreated Grease Taxing Flagstaff WWTP
· Slow Low Requesting Bids for WWTP Project
CALIFORNIA
· Morro Bay to Consider Bids for WWTP Repairs
· Porterville WWTP being Upgraded
· Malibu preps for Wastewater Facility
· San Diego Planning $370 Million Wastewater Treatment Plant
· Victor Valley Wastewater Projects get $1.5 Million Grant
COLORADO
· Chateau Chaparral Requesting Bids for Wastewater Project
CONNECTICUT
· Ansonia and Derby exploring Regionalization of Wastewater Systems
· Torrington Planning $86.7 Million Wastewater/Sewer Upgrade
FLORIDA
· Marathon to Improve Sewer System
· $11 Million Fruitland Park for Wastewater Improvements
· Utility Company wants to partner with Pender County
GEORGIA
· Seven Cities awarded Funding for Water/Wastewater Projects
· Cumming to Replace Wastewater Facility
IDAHO
· Jerome moves forward with $35.9 Million Wastewater Improvements
ILLINOIS
· Gov. Quinn marks $2 Billion for Statewide Clean Water, Stormwater Management Projects
· Spring Valley to build New WWTP
· $21 Million for McHenry to Consolidate Wastewater Plants
INDIANA
· Romney seeks Funding for $3.5 Million Wastewater Project
IOWA
· Indianola Planning WWTP Project
· $50.2 Million for Iowa City North WWTP
MARYLAND
· $30 Million for Cumberland CSO Project
MASSACHUSETTS
· Orleans Requesting Bids for Sewer Mapping
MISSOURI
· St. Joseph OKs $50 Million for Wastewater Facility
MONTANA
· $3.3 Million for Craig Wastewater Project
NEW YORK
· New York American Water buys Mt. Ebo Water and Wastewater Systems
· Ithaca WWTP Improved Wastewater Technology Trial Begins
· Watkins Glen, Montour Falls considering Joint WWTP
· Hanover WWTP Needs Repair
· Gov. Cuomo Seeks Federal Funding for Ocean Outfall at Bay Park
· New York Wastewater Plants still Vulnerable to Flooding
· Saxtons River WWTP Needs Upgrades
· Rochester Hosts Summit to Tackle Pollution in Genesee River
NORTH CAROLINA
· Hickory to expand Wastewater Service
OHIO
· $61.5 Million for Springfield WWTP Upgrade
OKLAHOMA
· Bixby considers Wastewater Deal with Tulsa, Broken Arrow
PENNSYLVANIA
· $11 Million for Mercer WWTP Upgrade
RHODE ISLAND
· Plan for $100 Million Sewer Project gets OK
SOUTH CAROLINA
· $20.3 Million for New Orangeburg WWTP
· $3.2 Million for Lyman WWTP Upgrade
SOUTH DAKOTA
· Freeman moves forward with $1.5 Million Wastewater Project
TENNESSEE
· Spring Hill at Significant Crossroads with Utilities
TEXAS
· Krum seeks Funds for WWTP
· Patton Village to build New WWTP
· Refugio fined for Improper Wastewater Treatment
· $2.8 Million for Amarillo WWTP Project
WASHINGTON
· Elmer City considering Separate Wastewater Plant
· Snohomish Wastewater Plan OK’d
WISCONSIN
· Baraboo faces Water Quality Challenge
· Eau Claire WWTP going “Green”
· $2.76 Million for Beloit Wastewater Project
· Wis. Assembly approves Delaying Phosphorus Rule
CANADA
· North Battleford Contracts with Lystek for Biosolids Equipment
· Colwood seeks Stand Alone Sewage Treatment Plant
· Calgary to consider $690 Million in Upgrades to Overburdened Wastewater System
· Hamilton moves ahead with $111 Million Sludge Plant
RECENT CHEMICAL BID REPORTS
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