News

Our editors gather news and press releases from around the world to bring our community the latest developments in the valve and actuation industry. Here you can find news involving the people and companies involved in the design, manufacturing, supply, maintenance and use of industrial valves and actuators. We focus both on engineered products as off the shelf products.
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Canadian Natural Resources Ltd. Completes the Acquisition of Chevron’s Alberta Assets

Canadian Natural Resources Limited announced it has completed the acquisition of Chevron Canada Limited's Alberta assets, which include a 20% interest in the Athabasca Oil Sands Project and a 70% operated interest in light crude oil and liquids rich Duvernay assets.

BP Extends Global Agreement with ABB as Automation, Electrical and Telecommunications Strategic Supplier for...

ABB has extended its relationship with bp through signing a five-year Global Frame Agreement (GFA) to supply automation, electrical and telecommunications equipment across bp’s upstream and downstream assets and facilities.

Chevron Upgrades Pasadena Refinery to Increase Capacity, Feedstock and Product Flexibility

Chevron U.S.A., Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation, has completed a retrofit of its refinery in Pasadena, Texas, which is expected to increase product flexibility and expand the processing capacity of lighter crudes by nearly 15 percent to 125,000 barrels per day.

Petrobras Initiates Procurement of Platforms for Sergipe Deep Waters Project

Petrobras informs that it has initiated a new procurement process for the construction of up to two FPSO oil production units for the Sergipe Deep Waters Project (SEAP), in the Sergipe-Alagoas Basin.

Parkland’s Burnaby Refinery becomes the first to successfully produce low carbon aviation fuel in...

Parkland announced it has successfully produced Canada’s first batch of low carbon aviation fuel at its Burnaby Refinery.

Danfoss Drives Leader Hannes Leichtfried Elected to NEMA Board of Governors

Danfoss Drives’ Hannes Leichtfried has been elected to serve on the National Electrical Manufacturers Association’s (NEMA) Board of Governors.

Petrobras and Ecopetrol Confirm Colombia’s Largest Gas Discovery

Petrobras, through Petrobras International Braspetro BV – Colombia Branch (PIB-COL), and Ecopetrol confirm the largest gas discovery in Colombia's history with the drilling of the Sirius-2 well.

Harbour Energy Signs Participation Agreement for Proposed FLNG Project in Argentina

Harbour Energy confirmed it has signed a participation agreement with Pan American Energy and Golar LNG to acquire a 15% interest in Southern Energy SA, a company which is planning to develop a floating liquefied natural gas (FLNG) export project in Argentina.

ExxonMobil Announces Leadership Changes

ExxonMobil announced the retirement of Liam M. Mallon, president of ExxonMobil Upstream Company and vice president Exxon Mobil Corporation. The Board of Directors has appointed Dan L. Ammann president, ExxonMobil Upstream Company.

Cogent, Inc. Grows in the Midwest Region with the Addition of Central States Group

Cogent, a leading provider of pumping and process equipment solutions, announced the acquisition of Central States Group (CSG), a top Industrial Equipment Distributor based in Omaha, NE with operations in Cedar Rapids, IA, Marshall, MN and Madison, WI.