Business news

Ritchie Bros are set to sell the entire fleets of two of the longest-running pipeline companies in the US in September, deeming it their largest ever pipeline equipment auction.

TransCanada has reported solid financial results for 2Q16. Its recent acquisition of Columbia Pipeline Group has reinforced the company’s position as a leading energy infrastructure company.

HTL Training Services is the first organisation to offer ECITB's Gas Turbine 'Introduction to Operations and Inspections' qualification.

Enbridge Energy Partners LP has announced that the board of directors of the delegate of the Partnership's general partner has declared a quarterly cash distribution of US$0.583 per unit.

Second quarter 2016 results have been announced for EQT Midstream Partners and EQT GP Holdings.

Laurini Officine Meccaniche at the IPLOCA 50th Anniversary Convention in Paris.

The European Bank for Reconstruction and Development is looking to support the development of the Trans Adriatic Pipeline.

Most of the remaining federal permits required to complete the construction of the 1172 mile Dakota Access pipeline have been approved by the US Army Corps of Engineers.

Incremental production is estimated at around 2000 boe/d in H2 2016 on average and it is expected to further increase in 2017.

Shell Midstream Partners, L.P. recently announced that it has agreed to acquire a 2.62% equity interest in Explorer Pipeline Company.

SapuraKencana Petroleum Berhad has secured a RM510 million contract for the Trans Anatolian Natural Gas Pipeline.

Under the contract Bibby will provide air diving, and ROV inspection and construction services across five of its North Sea assets.

The fishing boat, Majestic, almost sank atop of BP’s Orka Voe gas pipeline after its engine room flooded.

Amid sour political ties and recent issues, Russia and Turkey continue discussions about Gazprom's proposed Turkish Stream project.

A new report has analytically reviewed the global temperature sensors, infrared temperature sensors and pyrometers market, discovering that non-contact temperature sensors exhibit increased penetration into diverse applications.