Business news - 15 October 2014

Central Petroleum Ltd welcomes COAG’s northern and eastern pipeline connection proposal.

GMB and other steel unions seek urgent meeting with Tata Steel Chair to discuss sale of Long Products Business.

Safety standards body says effective leadership needed to drive a step-change in safety in the global oil and gas industry.

Kinder Morgan has announced that Tennessee Gas Pipeline successfully closed a binding open season for its South System Flexibility Project for 500 000 dth/d of capacity.

New Measurement Technology Centre in Billingham will allow Tracerco to expand its measurement technology innovation endeavours for customers in the world’s oil, gas and petrochemical industries.

Rystad Energy’s latest analysis shows that a significant reduction in shale volumes at current prices should not be expected, as North American shale oil output will respond very slowly to a drop in oil prices.

Tata Steel has announced the signing of a Memorandum of Understanding with Klesch Group.

Tallgrass Development intends to pursue the development of the Prairie State Pipeline, with ownership participation by Tallgrass and AGL Resources Inc.

API welcome new study showing Marcellus Shale energy production fuels jobs and economic growth.

Ukraine wants to build 110 km gas pipeline to bring gas from Poland.

Steel contracts for the TANAP gas pipeline have been inked.

A gas pipeline has been proposed, to run from Sakhalin to Japan.

Protection and maintenance company announces company changes.

The document was signed in the presence of Dmitry Medvedev, Russia's Prime Minister and Li Keqiang, Premier of China's State Council.

American Midstream has announced the acquisition of Costar for approximately US$ 470 million.