Business news

Magellan Midstream has reported higher fourth quarter results, compared to 4Q15. The company has also outlined its annual results.

MIRAGE ENERGY CORPORATION recently announced the engagement of various companies to facilitate their international pipeline and storage project.

One of TechSci Research’s new reports suggests that the industrial valves market in India is anticipated to surpass US$2.4 billion by 2022.

A Norwegian court is set to hear an appeal by four offshore gas pipeline companies over tariff cuts.

It has been reported that the Nigerian Trans Forcados pipeline could resume operations by 2Q17, after its shutdown throughout 2016.

Shell are now confirmed as a participant in the Anchoring Pipeline Technology (APT) joint industry project (JIP).

Weld Revolution has announced it will be attending Houstex Expo.

M² Subsea has opened its new office in Aberdeen and created 30 jobs.

After road construction crews ruptured a pipeline, the line remains closed while spilt oil is cleaned up.

Velocity Midstream has recently announced the construction of a second oil pipeline and additional crude oil terminals in the SCOOP play.

TAP completes first phase of access roads and bridges rehabilitation in Albania.

Enterprise Products has provided a financial update for both 4Q16 and 2016 annually.

The price of construction of the Trans Adriatic pipeline is revealed to be less than originally predicted.

Valero has reported net income attributable to its stockholders of US$367 million for 4Q16.

The National Energy Board has finalised an order for companies to post emergency management programme information online.