Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

AFPM announces appointments

The American Fuel & Petrochemical Manufacturers (AFPM) have announced that Robert McArver has joined the association as Vice President of Petrochemicals and Don Thoren has been promoted to Vice President of State and Local Outreach.

MultAlloy launches its revamped website

MultAlloy, a distributor of specialty alloy pipe, valve and fitting (PVF) products to distributors serving the energy and industrial markets, with multiple locations throughout North America, recently relaunched its website highlighting its capabilities in specialty PVF products.

Alco Valves Group moves to new headquarters

Alco Valves Group has completed a move to new headquarters at Gooder Lane, Brighouse, West Yorkshire, UK. The company, which currently has centers in Canada, the US, Singapore and Dubai, began work on the 8.

New loss estimating risk tool for oil & gas sector

Aon Global Risk Consulting, the risk management consulting arm of Aon, which has locations throughout North and South America, in collaboration with research agency TNO, has launched a new modelling tool for the oil and gas sectors.

Dave Sauber joins Marathon Petroleum Corp.

Marathon Petroleum Corp. (MPC) recently announced the appointment of Dave Sauber to the position of Vice President of Human Resources and Labor Relations, effective February 1st, 2017.

Dragon Products assisting oil production companies

Dragon Products, Ltd., a leading manufacturer of mission critical products serving the energy and industrial industries, is expanding its frac equipment rebuilding efforts to help oil production companies meet new market demand.

US to sell 8 M bbls of crude oil reserves

The US Department of Energy (DOE) recently issued a Notice of Sale for crude from its Strategic Petroleum Reserves, with bids for 8 million barrels of light, sweet oil due by January 17th.

Cobalt completes drilling on North Platte #4 well

Cobalt International Energy has completed drilling operations on the North Platte #4 appraisal well in the US Gulf of Mexico.

API welcomes nomination of Rick Perry

American Petroleum Institute (API) President and Chief Executive Officer Jack Gerard welcomed the nomination of former Texas Governor Rick Perry to serve as the Secretary of Energy, and called on the nominee to make LNG exports a top priority at the Department of Energy.

Shell appoints new CFO

Royal Dutch Shell, a global oil and gas company with locations throughout the Americas, has announced the appointment of Jessica Uhl as the company’s new Chief Financial Officer (CFO), effective 9 March 2017.