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.
If you wish to include your news items and press releases in our publication, email newsletter or on our website please feel free to contact the Editor.

Shell Increases Interest in Scotford Upgrader and Quest CCS Facility and Fully Exits Oil...

Shell Canada Limited and affiliates and Canadian Natural Resources Limited (Canadian Natural) had agreed to a provision in the Athabasca Oil Sands Project transaction, where Shell will swap its remaining 10 percent interest in the Albian mines in exchange for an additional 10 per cent interest in the Scotford upgrader and Quest Carbon Capture and Storage (CCS) facility.

LyondellBasell Selected by Indian Oil Corporation Ltd. for Advanced HDPE Technology

LyondellBasell, the world's largest licensor of polyolefin technologies, announced that Indian Oil Corporation Ltd. (IOCL) has selected its Hostalen Advanced Cascade Process (Hostalen ACP) technology for a new 500 kiloton per year (kta) high-density polyethylene (HDPE) facility in Paradip, India.

Engine No. 1, Chevron and GE Vernova to Power U.S. Data Centers

Engine No. 1 and Chevron U.S.A. Inc. announced the formation of a partnership to build a new company to develop scalable, reliable power solutions for United States based data centers running on U.S. natural gas.

SLB Capturi and Aker Solutions Win Contract to Deliver Carbon Capture Solution for Hafslund...

SLB announced that SLB Capturi, in collaboration with Aker Solutions, has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract from Hafslund Celsio AS to deliver a carbon capture solution at its waste-to-energy facility in Klemetsrud, Oslo.

IMI Invests $38 Million in New US Control Valve Facility

IMI has unveiled plans for a new $38m manufacturing facility in Lake Forest, California, USA.

Nuada and MLC Collaborate to Reduce Lime Production Emissions through Advanced Carbon Capture Technology

Nuada and MLC have signed a memorandum of understanding (MOU) to collaborate on a project aimed at demonstrating net-zero lime production at MLC’s flagship facility in Ste. Genevieve, Missouri.

AltaGas Appoints Derek Evans to its Board of Directors

AltaGas Ltd. announced the appointment of Derek Evans as a new Independent Director. Mr. Evans will serve as a member of AltaGas' Audit Committee and its Environment, Health and Safety Committee.

ConocoPhillips Becomes Sole Operator of Offshore Cluster

Petronas, through Malaysia Petroleum Management (MPM), completed the transfer of operatorship for the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips Sabah Gas Ltd., making ConocoPhillips’ subsidiary the sole operator of the PSC.

Oliver Valves Supports TNS PTTEP’s Bundled Phase 3 Development with Precision-Engineered Valves

Oliver Valves announced its role in the Gas Lift Compressor Package (WPOX) project, part of TNS PTTEP’s ambitious Bundled Phase 3 (G1-1E) development.

SLB and Star Energy Geothermal Announce Technology Collaboration

Energy technology company SLB and major geothermal developer Star Energy Geothermal, a subsidiary of Indonesia’s largest renewable energy company Barito Renewables announced a collaboration agreement to accelerate advanced technologies for geothermal asset development.