Industry News

GE has announced that Jeffrey R. Immelt has retired as a Director and Chairman of General Electric Co.’s board of directors.

Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, has announced that David Wilson has been appointed as President, Industrial Products Division (IPD).

Proco Products Inc., a specialist in check valves and expansion joints, has announced that they have appointed a new member to their team.

API has welcomed a letter sent by 36 US Senators in support of the safe and environmentally responsible development of the US’ offshore energy resources as the Administration begins developing a new five year offshore oil and natural gas leasing program.

Reuters are reporting that Brazil's Petroleo Brasileiro SA has been authorized to export idle LNG in the spot market. Petrobras has been given the green light to export up to 6.

Mark William Welch accepted the position of Director of Global Systems for Flowserve Corp. on June 5, and will be transitioning from his current position in the upcoming months.

Texas-headquartered Baker Hughes, a GE Company (BHGE) has won a major contract to provide a wide range of services to develop Papua New Guinea's first offshore gas field.

The American Petroleum Institute (API), Canadian Association of Petroleum Producers (CAPP) and the Mexican Association of Hydrocarbon Companies (AMEXHI) have outlined their shared policy positions on further strengthening the competitiveness of the North American energy industry under the North American Free Trade Agreement (NAFTA).

New Hampshire-based Beswick is introducing miniature 4-port and 6-port rotary selector valves with ¼-28 UNF and 10-32 UNF threads.

Malaysian state energy firm Petronas recently announced it has been awarded a shallow-water oil and gas exploration block that it will jointly operate with Ecopetrol in the Mexican portion of the Gulf of Mexico (GoM).