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.

    Mixed fortunes for Canadian reactors

    Heat Exchanger World Publisher -
    Bruce A1 reactor sends electricity to the grid for the first time in 15 years following a major refurbishment. Bruce A1 has been off line since 1997, when its then owner Ontario Hydro decided to lay up all four Bruce A units to focus on other reactors in its fleet.

    Flowserve Provides Pumps for DuPont

    Heat Exchanger World Publisher -
    Flowserve Corporation has announced an order for newly developed, custom-engineered, critical service reactor recycle pumps to be used in the new DuPont(TM) IsoTherming® process.

    Financing secure for gas-fired TX power plant

    Heat Exchanger World Publisher -
    Panda Power Funds said its affiliate Panda Sherman Power LLC has completed the financing on its planned 758-MW natural gas-fueled, combined-cycle power plant in Sherman, TX.

    Valtorc to provide valves for Bechtel

    Heat Exchanger World Publisher -
    Valtorc International, USA manufacturing division has been commissioned to manufacture and provide manufacture and provide The Bechtel Corporation with Valtorc’s high performance automated ball valve series for use on a high security nuclear facility in the eastern United States of America.

    Fluor wins FEED for Dow Texas project

    Heat Exchanger World Publisher -
    Fluor Corporation announced it was awarded an engineering, procurement and construction management contract by The Dow Chemical Company for a propylene production asset project in Freeport, Texas.

    Nostra Terra announces second well spud at Verde

    Heat Exchanger World Publisher -
    Nostra Terra, the AIM quoted oil and gas producer, with a growing portfolio of horizontal and vertical drilling projects in the USA, is pleased to announce that drilling has begun on the second development well in the Verde Prospect, located in Colorado. This is the second well in the prospect where the first well reached payout in 9-months.

    Evergreen Pacific Partners teams up with PAC Stain

    Heat Exchanger World Publisher -
    Evergreen Pacific Partners announced on September 12 that it has purchased a majority stake in PAC Stainless, LTD.

    New President and CEO at Talisman Energy

    Heat Exchanger World Publisher -
      Hal Kvisle has been named President and Chief Executive Officer for Talisman Energy. Kvisle is the former President and Chief Executive Officer of TransCanada Corporation and current director of Talisman Energy. Kvisle has more than 35 years of experience in domestic and international oil and gas, midstream and pipeline operations and has created substantial value for shareholders during his tenures at TransCanada Corporation and Fletcher Challenge Energy.

    Chevron acquires Delaware Basin Acreage

    Heat Exchanger World Publisher -
      Chevron Corporation has announced that its subsidiary, Chevron U.S.A. Inc., has agreed to acquire 246,000 net leasehold acres in the Delaware Basin in New Mexico, a part of the Permian Basin, from Chesapeake Energy Corporation.

    GE & Petrobras sign record contract

    Heat Exchanger World Publisher -
    GE Oil & Gas has signed a record deal of nearly $1.1B (USD) with Brazilian energy company Petrobras. This is the world's largest subsea wellhead production contract.
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