Business news

Magellan Midstream to deliver refined petroleum products to Little Rock.

New research from Lloyd’s Register Energy has shown that oil and gas research and development spending is to increase by 10% in 2015.

Wood Group expands operator training and simulation capabilities with acquisition of Cape Software.

Thompson Pump and Manufacturing Company, Inc. held its 24th annual Pumpology School on 23 – 25 April, at its corporate facilities in Port Orange, Florida, USA.

With a resurgent Russia menacing the natural gas supply chain, Europe needs to do more than wait for America to open its LNG faucets.

The Institute of Energy Research has released a statement following the release of the US Climate Assessment Report, calling it ‘more scare tactics from the White House’.

Elcometer, manufacturers and suppliers of pipeline coatings, concrete and ultrasonic inspection equipment, has announced the opening of a new company office in Houston.

Siemens to deliver the world's largest subsea pipeline heating power system for BP's Shah Deniz gas field.

Vacuworx has launched a lightweight pipe handling system to lift and position drill stem in horizontal and directional drilling operations.

Transocean Ltd. has announced its Q1 2014 results: read a summary of the findings.

The US Energy Information Administration (EIA) highlights the changes applied to the Annual Energy Outlook 2013.

Saipem has won four new engineering and construction contracts, onshore in Saudi Arabia and offshore in Brazil, for a total amount of approximately US$ 4 billion.

DNV GL has issued the report ‘Subsea – Technology Developments, Incidents and Future Trends’ on behalf of the Norwegian Petroleum Safety Authority.

According to a new survey from Mercer, a retirement wave and the technical skills gap is threatening oil and gas company growth and profits.

Penspen and University of Tabasco have launched a new diploma in inspection and maintenance of pipelines: the first of its kind in Mexico.