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.

    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.

    Pentair and Tyco International merge

    Heat Exchanger World Publisher -
    Pentair, Inc. and Tyco International Ltd. announced a definitive agreement to combine Tyco’s Flow Control business Tyco Flow with Pentair in a tax-free, all-stock merger.

    PowerSecure to build transmission lines for oil &

    Heat Exchanger World Publisher -
    PowerSecure International, Inc. was awarded a contract to build electrical transmission infrastructure to support a series of new oil and gas production sites by a major energy company in partnership with a prominent electric utility.

    BP expands upstream exploration in Brazil

    Heat Exchanger World Publisher -
    The Brazilian National Petroleum Agency approved BP’s farm-in to four deepwater exploration and production concessions in the Brazilian equatorial margin.

    Updated emergency pipeline repair system

    Heat Exchanger World Publisher -
       To offer better disaster planning and contingency services to operators and contractors, Hydratight has launched an updated Emergency Pipeline Repair System.

    Parker Hannifin acquires Snap-tite

    Heat Exchanger World Publisher -
    Parker Hannifin Corporation has acquired Erie, Pennsylvania based Snap-tite Incorporated, a manufacturer of high pressure fluid power components for oil & gas, research and industrial markets.

    Rowan plans UK move

    Heat Exchanger World Publisher -
    Rowan, a Houston, Texas-based driller has announced plans to move home base to the UK. The company has said that relocating to the UK would make communication with its rigs more efficient, as 74% are located outside the United States including Egypt and the North Sea and Rowan would also be able to take advantage of better tax rates.

    Pepco to build/operate DC Water CHP plant

    Heat Exchanger World Publisher -
      DC Water has contracted Pepco Holdings, Inc.

    Skanska to expand Brazil natural gas plant

    Heat Exchanger World Publisher -
       Skanska has been contracted by Petrobras for engineering, procurement and construction to increase the capacity of the natural gas treatment and compression of the Cabiúnas Terminal in Rio de Janeiro, Brazil, a joint venture with two local companies.
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