Business news

NEXUS Gas Transmission has formally appealed to the Federal Energy Regulatory Commission (FERC) for approval of its proposed 255 mile, 36 in. dia. natural gas pipeline.

The NEB has stopped construction on a new TransCanada natural gas pipeline and issued a safety order after evidence arose of drilling fluid being spilled into a river.

The vessel, owned by Bibby HydroMap, is now running AHC operations up to 24 hours a day.

Petrofac hosts second annual Contractors’ Safety Forum – from collaboration to evolution.

Gazprom board will consider disposing of its stake in the UK-Belgium gas link.

Vallourec, historic supplier of Total, signs a five year framework contract with the energy company.

Global testing specialist, Exova, has announced that it is expanding its facilities and capabilities in Italy with an investment in a €1.4 million laboratory in Padova.

Trans Mountain pipeline expansion project is getting more expensive.

Dragon Oil could be the private-sector partner for the TAPI pipeline project, as it discusses a potential investment of US$10 billion.

The National Energy Board has issued an Inspection Officer Order to stop all horizontal directional drilling activities at the NOVA Gas Transmission Ltd.

Esco Tool has introduced a new product: the Pipe Bevelling Tool preps large diameter pipes for precision welds in oil and gas pipelines.

Pembina Pipeline Corporation announces closing of previously bought deal, financing and exercise in full of over-allotment option for gross proceeds of CAN$460 million.

Tracey Goldsmith has been appointed by Smith Flow Control as the company’s new President, where she will be tackling issues of company development and performance of operations.

The Gazprom delegation has announced that it is taking part in the APEC CEO Summit in the Philippines.

API’s Monthly Statistical Report for October 2015 sees the demand for petroleum fall, while gasoline is on the up.