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 closes Gulf Coast acquisition

Denbury Resources Inc. has closed its acquisition of Thompson Field in Fort Bend County, Texas for an approximate USD$360 million cash consideration before purchase price adjustments.

TransCanada to build pipeline for LNG Project

TransCanada Corp. has received a contract from Shell Canada Ltd. to build and operate a pipeline expected to cost USD 3.85 billion that will transport natural gas to a planned liquefied natural gas export facility near Kitimat, British Columbia .

“Technically leakproof” bellows valves

With very dangerous media, even the minimal ISO FE-Series leak rate can be too high. In cases like these, you can, however, use tried and tested AS-Schneider bellows valves.To move the valve stem upwards and downwards on a leak-free basis, a multi-layer, metal bellow is used that is firmly attached on the one side to the stem and on the other side is firmly welded to the housing.

MRC to acquire assets of Chaparral Supply

MRC Global Inc. (MRC) today announced that it has signed an agreement to acquire the majority of the operating assets of Cherokee, Oklahoma based Chaparral Supply, LLC, a wholly owned subsidiary of SandRidge Energy, Inc.

Entergy Pilgrim nuclear plant license extended

   Entergy's 660MW Pilgrim nuclear plant in Plymouth, Massachusetts has been authorized by the Nuclear Regulatory Commission to continuing operating for an additional 20 years, until mid-2032.

Schlumberger reveals new marine seismic tech

Schlumberger has launched its IsoMetrix* marine isometric seismic technology and the IsoMetrix family of marine seismic products.

Exxon Mobil to build U.S. chemical plant

Exxon Mobil Corp. plans to build a multi-billion dollar chemical plant in Texas. Anticipated to be online as early as 2016, the plant would increase Exxon Mobil's chemical production capacity.   North America's largest natural gas producer since the purchase of XTO Energy Inc.

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.