Renewable energy

Besides fossil fuels, Valve World also covers renewable energy sectors, such as hydrogen, hydropower, wind, CCS et cetera. The development and scaling up of green hydrogen production  will definitely impact the valve and actuation sector.

Suncor Energy appoints new Board Chair

Suncor announced James W. Simpson, a current member of the Board of Directors, as the new Board Chair following the retirement of John Ferguson in April. Ferguson was a member of Suncor's Board of Directors since November 1995, and has served as Chair since 2007.

Treaty Energy acquires Texas Sands Resources

Treaty Energy Corporation, an international energy company, acquired the assets of Texas Sands Resources (TSR) of Abilene, Texas, and appointed Chris Tesarski as the executive chairman of the company.

Powell to supply valves with Chesterton technology

The Wm. Powell Company and A.W. Chesterton Company, announced an agreement in which Chesterton will become the exclusive supplier of the low-emissions packing technology in Powell Valves.The agreement allows Powell to produce valves with low-emissions packing technology that are compliant with the new API 624 standard for industrial fugitive emissions and meet the latest Environmental Protection Agency regulations.

Duke Energy & Piedmont proposing gas pipeline

Both Duke Energy and Piedmont Natural Gas have jointly issued a solicitation to propose the building and operating of a second wholesale natural gas pipeline going into North Carolina.

Devon Energy sells assets to Canadian Natural Resources

Devon Energy Corporation, an oil and gas exploration company has announced the completion of the sale of its Canadian conventional assets to Canadian Natural Resources Limited for C$3.125 billion.

KSPG wins contracts for emission-reduction valve

Rheinmetall Group’s automotive subsidiary KSPG AG has been awarded contracts worth EUR 250M for a newly developed compact exhaust-gas recirculation valve.

Devon Energy completes Eagle Ford acquisition

Devon Energy Corporation completed the acquisition of Eagle Ford assets from GeoSouthern Energy. Devon has acquired 82,000 net acres located in DeWitt and Lavaca counties in Texas.

DENSO develops EGR valve unit

Global automotive supplier DENSO has developed an exhaust gas recirculation (EGR) valve unit, a major component of EGR systems that helps make diesel engine emissions cleaner.

IPS becomes distributor for MITA-Teknik

Integrated Power Services (IPS), the service provider for electric motors and generators in North America, signed an authorised distributor agreement with Mita-Teknik (MITA), a global provider of wind turbine control systems.

Duke Energy gets new vice president

Duke Energy named Catherine S. Stempien as the new vice president, corporate development, replacing Richard Bates, who is leaving Duke Energy to pursue other interests.