Business news - 02 June 2014

Orion Group last week sent a delegation to Canada to support ongoing business links and growth in the country.

Marathon Oil Corporation announces US$ 2.7 billion sale of Norway business to Det norske.

Magellan Midstream Partners, L.P. recorded an operating profit of US$ 275.1 million in Q1 2014, an increase of 93% compared to US$ 142.5 million in Q1 2013.

Abakan has increased its direct ownership in MesoCoat to 87.5% through a conversion of investment and partial exchange of Powdermet interest.

An abundance of new (and growing) resources means Canada is on the threshold of becoming a world-class producer of energy. But, as Gordon Cope explains, it will need pipelines, and plenty of them, to get there.

An abundance of new (and growing) resources means Canada is on the threshold of becoming a world-class producer of energy. But, as Gordon Cope explains, it will need pipelines, and plenty of them, to get there.

The Brookings Institute discusses Russia-China gas deal negotiations.

£1 million investment positions ATR’s engineering division for rise in market activity.

Turkish Petroleum Corporation (TPAO) is set to acquire Total SA's 10% share in the Shah Deniz gas field and the South Caucasus pipeline at cost of US$1.45 billion.

Ukraine’s oil and gas production appears to have been largely unaffected by the ongoing crisis in the country, according to Douglas-Westwood.

Polyguard Products, Inc., which sells products in 34 countries, received the E Award in 2010 and the E Star Award on 28th May, 2014.