Business news

Alexey Miller states that Gazprom and Russian pipe companies will continue with their systemic work on import substitution projects.

QS Energy Inc. has announced that an upgraded Applied Oil Technology viscosity reduction system will be re-installed on a major crude and condensate pipeline serving the Eagle Ford in South Texas.

The administration’s final budget proposal signals a lame duck assault on American consumers, jobs and the US economy, according to API President and CEO Jack Gerard.

Siemens has introduced its Ruggedcom VPE1400 (Virtual Processing Engine), the virtual machine environment for its Ruggedcom RX1400 router.

During a US-Djibouti binational forum, it was announced that there were plans to construct a new oil pipeline from Ethiopia to Djibouti.

Durrant warns against early decommissioning of North Sea pipelines.

SKF is now offering a new app to use in the field for its proven SKF Drive-up Method for mounting bearings.

Sparrows Group has announced it has expanded into Trinidad and Tobago, following an agreement to work in cooperation with Miguel Mechanical Services Ltd.

Medallion Pipeline Company LLC has announced a binding open season, which solicits long-term commitments from shippers for firm transportation capacity on the third major expansion of Medallion’s existing crude oil pipeline system.

Issue of exposure means pipeline companies suffer losses after doubts cast on Chesapeake.

Fugro and Areté Associates have successfully delivered near real-time, synoptic, surface current data to characterise Loop Current and Loop Current eddy conditions in the US Gulf of Mexico during a period of intense current conditions.

Summit Midstream Partners, LP announces the start-up of its crude oil transmission pipeline systems in Bakken Shale Play in North Dakota.

Kennametal Inc. has announced the election of William M. Lambert to its board of directors.

API supports Congressman Boustany’s effort to protect consumers from the tax hike on crude oil.

Permasense has opened a base in Kuala Lumpur, Malaysia to serve the Asia-Pacific region.