The latest in Martime Transport and the Petrochemical Industries
The Corona Virus Pandemic, and the subsequent lock down has shattered many lives and businesses. This has lead to a sharp increase in Domestic Violence cases across the world as people have become trapped in their own homes. IPS sponsored a “Spring Cleaning Clothing Drive” and donated the proceeds to the Resource and Crisis Center […]
A lot of attention has been paid to the plight of upstream oil and gas companies — the hardest-hit subsector amid the Covid-19 pandemic — but further downstream, refiners and LNG companies are also feeling some pain. Refinery utilization rates — a measure of how much of their production capacity refineries are using — are […]
London-based energy giant BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, plans to cut about 15% of its global headcount, Reuters and the Associated Press reported June 8. Sources told Reuters that CEO Bernard Looney told employees in a global online call that about 10,000 of the company’s 70,100 positions would be cut. The cuts, […]
IPS Pump Services provides Certified Vibration Analysis, Pump Services, as well as Millwright and Field Services combined with Onsite Custom Machining and a unique working relationship with Industrial Packing and Seals, Inc. to create a one source solution for our customers’ needs.