Business news

Izomax accelerates global growth with acquisition of IK Engineering and IK Group US Inc.

US Transportation Secretary Sean P. Duffy advocates for enhancing pipeline safety in new advisory.

The environmental group must pay more than $660 million in damages for defamation and other claims brought by the pipeline company.

Enbridge Inc. has announced Steven W. Williams as Chair of the Board, effective 7 May 2025 following conclusion of its Annual Meeting of Shareholders, coincident with the retirement of Pamela L. Carter, the current Board Chair.

Summit Midstream Corp. has acquired Moonrise Midstream and provided an update on its operations in the DJ Basin.

This open season will run for 30 days from 7 March 2025.

Bringing 25 years of experience to COO role, Wauson will oversee all operational and commercial activities for the company.

Enbridge Inc. has released a statement reiterating its strategic priorities, demonstrating the visibility of its growth outlook, and reaffirming its financial outlook.

MPLX LP has announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55% interest in BANGL, LLC for US$715 million.

Miller and Novarc will combine their expertise and AI to transform the future of welding automation.

Oxford Flow secures ES valve order worth nearly US$1 million with bp in USA.

Bridger Photonics Inc. has expanded its partnership with Phillips 66 across the operator’s entire midstream value chain to further enhance methane leak detection.

Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of the two companies through the execution of a Memorandum of Understanding (MoU). The proposed combination is expected to create a global leader in energy services.

The acquisition includes a processing facility and a 104 mile, large-diameter, high-pressure rich gas gathering header pipeline connecting supplies from the Williston Basin area to high-demand markets.

Global oil and gas contract value remains stable despite volume decline in 4Q24, reveals GlobalData.