LATEST HEADLINES

• ExxonMobil Reports Results For Third Quarter 2020

  Exxon Mobil Corporation today announced an estimated third quarter 2020 loss of $680 million, or $0.15 per share assuming dilution. Third quarter capital and exploration expenditures were $4.1 billion, bringing year-to-date spending to $16.6 billion, more than $6 billion lower than the prior year period.

• Oil Discoveries Offshore Newfoundland, Canada

  Equinor (60%), and its partner BP Canada (40%), have made two oil discoveries offshore Newfoundland, Canada.
  The two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons; however, it is too early to provide specific information on volumes.

• Stress Engineering Services Wins Top Commendation By U.S. Air Force After Delivering Revolutionary New Technical Package

  Stress Engineering Services, Inc. (SES), the global leader in consulting engineering services and solutions, in collaboration with engineering software company, nTopology and the open additive manufacturing firm Origin, has been awarded first prize by the U.S. Air Force (USAF) for its work in designing, analyzing, testing and manufacturing a multi-material hydraulic tube clamp for an F-16 aircraft.

• ExxonMobil Plans Reduction To U.S. Staffing Levels

  As part of an extensive global review announced earlier this year, the company plans to reduce staffing levels in the United States, primarily at its management offices in Houston, Texas.

• Endress+Hauser Launches New Generation Of Thermal Mass Flowmeter

  Endress+Hauser launches its line of Proline t-mass F/I 300/500 flowmeters. These thermal mass flowmeters are reliable and versatile for measuring pure gases and gas mixtures, and each has numerous alarm functions, as well as bidirectional measurement capability and reverse flow detection.