Business news

In 2014, Abakan generated US$9 million in working capital, launched new products and created a presence in Canada, Mexico, Taiwan, and China.

The Board of Directors of Tallgrass Energy Partners’ general partner declared a quarterly cash distribution to partners of US$0.485 per common unit for 4Q14.

ShawCor has completed the acquisition of Dhatec B.V. for an undisclosed amount.

ABB has successfully closed the divestment of its Full Service business.

TransCanada has announced that 12 501 577 of its fixed rate Series 1 Shares were tendered for conversion on 31 December 2014.

A round-up of recent Mexican pipeline news.

A new gas facility was commissioned at the Bovanenkovskoye field.

Gazprom has bought out the shares of South Stream Transport BV.

Flexlife presents annual results.

A new combined cycle gas turbine unit (PGU-420) with a capacity of 420 MW was commissioned today at CHPP-16 of Mosenergo in Moscow.

The Gazprom headquarters hosted a working meeting between Chairman of the Company’s Management Committee and the Chinese Ambassador to Russia.

The final terms of the transaction involving the Bakken Pipeline project and Sunoco Logistics general partner interest and incentive distribution rights exchange have been approved.

The Board of Directors have approved Gazprom’s Investment Program, Budget (Financial Plan) and Cost Optimisation (Reduction) Program for 2015.

Dresser-Rand has released its 2015 training schedule, which includes a comprehensive list of product training programs.

Flexlife has demonstrated enhanced business growth in its annual results for the year ending 31 March 2014.