Industry News

Lietuvos Duju Tiekimas (LDT) – the state-owned Lithuanian gas trader – has signed an agreement to purchase LNG directly from the US for the first time.

General Electric Co. (GE) has announced that Russell Stokes, current president and chief financial officer (CEO) of GE Energy Connections, has been appointed president and CEO of GE Power.

Halliburton, one of the world's largest oil field service companies with headquarters in Houston, Texas has announced the appointment of Christopher (Chris) Weber as executive vice president (VP) and chief financial officer (CFO), effective June 22, 2017.

BP, a world leading integrated oil and gas company with numerous locations in the US, and Reliance Industries Ltd. will invest as much as USD $6 billion to restart work in Indian oil and gas blocks after eight years, in an area off the South Asian country’s east coast where both companies have faced trouble boosting production.

The American Petroleum Institute (API) has appointed Megan Barnett Bloomgren as its new Vice President (VP) for Communications.

Crane ChemPharma & Energy, a Crane Co. business, recently announced that it will launch three new products at this year’s Valve World Americas Expo & Conference, June 20-21 in Houston, Texas.

The American Petroleum Institute (API) has released a new report highlighting ways that the US’ oil and natural gas industry provides safety and environmental benefits to local communities, as well as economic prosperity.

Clippard Instrument Laboratory Inc., a manufacturer of miniature pneumatic valves, cylinders and fittings with headquarters in Cincinnati, Ohio, has recently announced a new, 8 mm direct actuating valve.

BP, whose US headquarters are located in Florida, and its joint venture partner Kosmos Energy have announced a gas discovery offshore Senegal.

Petrofac, whose US headquarters are located in Houston, Texas, has secured a series of contract awards worth more than US$70 million for engineering, operations and maintenance services in Iraq.