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.

Denbury acquires Thompson Field

Denbury Resources Inc. has entered into an agreement to acquire Thompson Field in Fort Bend County, Texas for USD$360million in cash and a production payment from a private seller.

Air quality regulators approve geothermal plants

   Independent power wholesaler Calpine, has been awarded permits from air quality regulators to build two geothermal power plants at the Geysers in Sonoma County, California.

BP to explore Trinidad oil and gas

   BP wholly owned subsidiary has signed an agreement to explore for oil and gas offshore Trinidad and Tobago.

Ridgeline & Kerr to install water treatment plants

    Energy services and water treatment company, Ridgeline Energy Services Inc.

Brazilian pre-salt discovery volumes upgraded

Statoil and operator Repsol Sinopec in partnership with Petrobras have confirmed the significant potential of BM-C-33 pre-salt block in the Campos basin offshore Brazil. Including the Seat, Gávea and Pão de Açúcar discoveries, the estimated resources of the block amount to over 700 million barrels of light crude and 3 trillion cubic feet of gas.

FERC outlines advisory role for EPA rule

The Federal Energy Regulatory Commission (FERC) approved a policy statement which outlined the ways in which it will advise the Environmental Protection Agency on requests for extended deadlines for electric generators to comply with the new mercury and air toxins standards rulings.

WPL purchases Riverside Energy Center

   Alliant Energy Corporation subsidiary, Wisconsin Power and Light Company (WPL) has purchased Riverside Energy Center, LLC which owns Beloit, Wisconsin 600MW combined cycle natural gas-fired electric generating facility Riverside Energy Center, from Calpine Corporation.

Westinghouse & Ameren Missouri form SMR Alliance

   The Missouri Electric Alliance led by Ameren Missouri and Westinghouse Electric Company have announced the formation of utility participation group, NexStart SMR Alliance.

DOE to fund for CO2 subsurface tech

The United States Department of Energy National Energy Technology Laboratory (NETL) has made a Funding Opportunity Announcement (FOA) for subsurface monitoring technological advancements that will facilitate the injection and storage of CO2.

Emerson acquires ISE Magtech

Emerson has acquired ISE Magtech, a company that designs and manufactures level gages and associated equipment for industrial applications. The acquisition will strengthen Emerson Process Management's measurement solutions in the oil and gas, chemical, refining and power generation industries.