Business news

Enterprise has reported its results for the second quarter of 2016.

Phillips 66’s Refining segment ran at record utilisation rates, the Chemicals segment successfully completed major turnarounds, and DCP Midstream saw improved results.

Columbia Pipeline Partners’ quarterly distribution represents an increase of approximately 5.3% over the previous quarter.

Suspected arson targets Bakken oil pipeline in Iowa, causing millions of dollars in damages to pipeline construction equipment.

Williams Partners announces 2Q16 results, expecting to maintain current cash distribution level in 2017.

Turkey has developed oil and gas pipeline protection and security system, MIDRAS.

Tanzania has stated that construction of the Uganda-Tanzania crude oil pipeline shall be completed by 2020.

Rotork IQ3 intelligent valve actuators have been selected for the automation of a seven-way control valve.

The CEO of TransCanada, Russ Girling, has stated that the oil spill in Saskatchewan could increase public scepticism of pipeline projects.

After a less than expected profit following the Fort McMurray wildfire in Alberta, Enbridge is waiting to hear the final decisions from the federal government on its multiple pipeline projects.

There will be a temporary shutdown of the Nord Stream gas pipeline system for nine days due to annual maintenance works.

The Trans-Alaska pipeline is currently experiencing a lack of oil flowing through the line. However, there is an abundance of oil reserves from the Arctic and new production wells are set to be constructed.

The Turkish Stream is becoming more attractive, and the construction of two new lines is in discussion.

Trelleborg Sealing Solutions has carried out a series of tests to show the importance of fluid type and seal material choice in “ensuring optimum seal performance and service life”.

Serica Energy has recommenced Erskine field production following the clearance of a pipeline blockage and the completion of scheduled maintenance works on the Lomond platform.