Business news - 27 September 2016

ValvTechnologies, Inc. has announced it has been unanimously approved for membership of the Manufacturers Standardization Society (MSS) of the Valve and Fittings Industry Committee.

Trans Adriatic Pipeline AG has recently announced that it has hired Ulrike Andres as its new Commercial and External Affairs Director.

Brazil’s Petrobras is set to sell a 90% stake in a natural gas pipeline unit for US$5.2 billion.

The Niger Delta Avengers have blown up another oil pipeline and Shell closes a pipeline after a fire broke out.

DTE Energy is reportedly set to spend US$1.3 billion on midstream natural gas assets in an attempt to boost its presence in the Appalachian basin.

AS-Schneider will be attending the Abu Dhabi International Petroleum Exhibition and Conference and the Valve World. It will be showcasing its pipeline products.

TransCanada Corp. has recently offered to purchase the remaining equity in Columbia Pipeline Partners LP for approximately US$848 million.