Business news

SapuraKencana Petroleum Berhad's wholly-owned subsidiary, SapuraKencana Mexicana S.A.P.I. de C.V., has been awarded a contract with a value of approximately US$113 million.

Gazprom and CNPC have discussed the prospect of underground gas storage and gas-fired power generation facilities in China, also approving roadmaps for implementing a memorandum of understanding.

Enbridge Energy Partners, L.P. and Enbridge Inc. have recently announced the signing of a consent decree with the US Department of Justice (USDOJ) and the US Environmental Protection Agency (USEPA).

Increasing the production of US oil and natural gas resources is vital to the nation’s economic and national security, and that of its allies, according to the API.

Maintenance on the Rockies Express Pipeline (REX) that began recently has led to production declines in the Appalachian and Northeast regions.

Vallourec has started exclusive negotiations with Ascometal with a view to the sale of its majority holding in the Saint-Saulve steel mill.

Arc Energy highlights the company’s transition and ongoing development at ONS 2016.

Rose Rock Midstream L.P. has announced distributions on limited partner units with respect to its 2Q16 results.

Targa Resources Corporation has announced its 2Q16 dividend on common shares and Series A preferred shares.

Total petroleum deliveries in June moved up by 2.8% from June 2015 to average 20.1 million bpd, the highest June deliveries in nine years.

Ben Wilson, Former CTO for GE Oil and Gas, has been appointed as CTO and Global Head of Product Management at P2 Energy Solutions.

Six turbo compressor trains, supplied by Siemens, have been ordered for the Trans Adriatic Pipeline to open up the so-called Southern Gas Corridor for Europe.

The numbers of women in STEM careers are significantly lower across the globe, and expanding the talent pool is critical to the energy sector.

DNV GL has recently won the ‘Land based/Onshore pipeline’ category at the Pipeline Industry Guild awards ceremony, held in London on 29 June 2016.

Water Midstream Partners announces the completion of its commercial saltwater pipeline extension in Midland County, Texas.