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.

    Bids granted for Uruguay offshore exploration

    Heat Exchanger World Publisher -
       Nineteen bids to explore oil off the coast of Uruguay have been submitted by nine energy companies.

    Mexichem seeks to develop shale gas in Mexico

    Heat Exchanger World Publisher -
    Chemicals maker, Mexichem SAB has bought over 15 companies since 2007, is seeking to develop Mexico’s first shale gas projects, if the country sells licenses that would bypass a monopoly on fossil fuels.

    APR Energy awarded Mexico gas-turbine contract

    Heat Exchanger World Publisher -
          Temporary power solution provider, APR Energy PLC has been awarded a 100 megawatt contract from Tractebel Energia de Monterrey, S.

    Val-Matic enters UK with sewage plant project

    Heat Exchanger World Publisher -
    Val-Matic has entered the United Kingdom market with a major project for Thames Water. The project involved an upgraded contract valued at over US189 million for work at east London’s Crossness Sewage Treatment Plant.

    Fairborne Energy sells oil assets

    Heat Exchanger World Publisher -
    Fairborne Energy Ltd. is going to sell its oil assets in the Greater Sinclair area in the Canadian provinces of Manitoba and Saskatchewan to an undisclosed private oil and gas company for CAD80million in order to reduce debt.

    Whitehorse Trough exploration project cancelled

    Heat Exchanger World Publisher -
       Following a public outcry, the government of Canada’s Yukon territory has announced that it will not pursue oil and gas exploration work in its Whitehorse Trough area.

    Bentley & Exito to combine

    Heat Exchanger World Publisher -
    Bentley Oil & Gas, a privately held company, has an agreement that will give it control of capital pool company, Exito Energy Inc. Exito will issue shares to acquire Bentley in the reverse takeover and due to the number of Exito shares to be issued, a majority of the public stock will be held by Bentley’s shareholders.

    Infinity to pursue Nicaragua offshore concession

    Heat Exchanger World Publisher -
       Independent oil and gas exploration and development company, Infinity Energy Resources, Inc. entered into a definitive agreement with Amegy Bank and Offishore Finance, LLC to convert all debt owed by the company to both entities into Convertible Preferred and Infinity Common Stock.

    Valero suspending operations at Aruba refinery

    Heat Exchanger World Publisher -
    Due to inadequate margins resulting in financial losses, Valero Energy Corp. is suspending operations at its Aruba refinery. Valero, a Texas-based independent oil refiner, acquired the 235,000bpd refinery in 2004 and is considering operating a terminal and storage facility at the site.

    SAIC & Chevron agree on environmental services con

    Heat Exchanger World Publisher -
    Science Applications International Corporation subsidiary SAIC Energy, Environment & Infrastructure, LLC has agreed on an environmental services contract with Chevron Corporation subsidiary, Chevron Environmental Management Company.
    1...685686687...752Page 686 of 752
    © Copyright 2026 - KCI Media Group - Valve World Americas