Business news - 04 June 2014

NGTL has signed agreements with CVX and APA to underpin the development of a major extension of TransCanada's NGTL System.

Impax has welcomed the World Energy Investment Outlook from the Internatinoal Energy Agency

Analysis: Alternative development concept and tax incentives at Johan Castberg could boost returns and lead to project sanction.

WorleyParsons awarded engineering and project services provider contract for QGC.

Arc Energy Resources gains ASME U2 Approval – one of only seven companies in the UK.

A new survey on attitudes towards UK hydraulic fracturing industry shows oil and gas professionals believe more than the proposed government incentives are needed to win public support.

Victoria Express Pipeline, LLC, has launched an open season for its VEX pipeline, which will run from the Blackhawk delivery point in DeWitt county, Texas, to Devon Gas Services, L.P.’s terminal at the Port of Victoria.

The International Energy Agency has said that US$ 48 trillion will be needed in energy investment. These are some of the key facts from the report which states this.

Theiss, Saipem Australia and Santos GLNG have won Premier’s Innovation in Sustainable Technologies Award for the Narrows Crossing tunnel, which allowed the Santos GLNG pipeline to be installed without disturbing the sea floor.

The new transnational pipeline jointly built by CNPC and its Central Asian counterparts has become operational.

Zenergy and Apollo have formed a partnership to invest in the acquisition and development of upstream and midstream oil and gas properties.

The USA’s first ‘Oil & Gas Materials Technology Center’ in Houston, TX, is nearing completion and has entered its final stage.

Schneider Electric is supporting businesses on the energy efficiency journey with the introduction of its ground-breaking PowerLogic PM5000 series meter.

Hundreds of scientists have signed a letter to Canadian Prime Minister Stephen Harper that says the recent report on the Northern Gateway pipeline is flawed.

Partner of Summit Midstream Partners exercises option to acquire 40% interest in Ohio gathering JV with Markwest Utica EMG in Utica Shale.