Business news

Route talks about an oil pipeline project yet to reach final decision.

Veresen Inc. has announced that its Board of Directors has declared a cash dividend for March 2016 of US$0.0833 per common share.

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 120 million t in February 2016.

Gazprom and CNPC discuss project for gas supply to China via eastern route.

Growing pipeline transportation of oil and gas is predicted to boost the demand for high-integrity pressure protection systems until 2020.

Nexen has secured coveted approval from industry skills organisation, OPITO.

An update on Enterprise Products Partners’ stocks and credit rating.

Valeura Energy Inc. has announced that it has achieved first natural gas sales from its first exploration well Bati Gurgen-1 on the 100% owned and operated Banarli licences in the Thrace Basin of Turkey.

Pembina Pipeline Corporation provides a business update of its midstream developments.

N-Sea celebrates its safety innovation award win at the Offshore Achievement Awards.

Servelec Technologies has been awarded a patent for a unique device access control methodology.

Paramount announces the sale of its Musreau Complex for cash and other considerations in excess of CAN$600 million.

Pembina Pipeline Corporation announces underwriter agreement for CAN$300 million bought deal financing.

PHMSA’s newly proposed rules for natural gas pipelines.

TransCanada Corporation is set to acquire Columbia Pipeline Group for US$25.50 per share.