Tag: oil and gas

Gas and liquid flow control valve manufacturer Rotork recently stated it was seeing signs of improvement in oil and gas markets.

A Texas-based oil and gas company has reached a USD $430 million deal that will clear the way for more production in southeastern New Mexico.

Royal Dutch Shell Plc recently announced it is selling USD $1.3 billion worth of non-core oil and gas properties in western Canada.

GE Oil and Gas, whose US headquarters are located in Texas, recently opened a new oil and gas Research and Development (R&D) Center in Oklahoma City.

A new report entitled “North American Midstream Infrastructure through 2035: Leaning into the Headwinds” and conducted by ICF International on behalf of the INGAA Foundation has found that the United States and Canada will require annual average midstream natural gas, crude oil and natural gas liquids midstream infrastructure investment of about $26 billion per year, or $546 billion (real 2015$) total over the 21-year period from 2015 to 2035, a new study finds.

Schlumberger Limited recently announced that it has closed its merger with Cameron International Corporation. The transaction combines two complementary technology portfolios into a complete products and services offering to the global oil and gas industry.

One of the partners behind a proposed crude oil pipeline that would pass under Lake Sakakawea in North Dakota, recently agreed to install an additional block valve as a safety measure to ease concerns about how quickly a spill could pollute the lake.

Minnesota regulators have endorsed a controversial northern Minnesota pipeline to carry North Dakota’s crude oil, but left open the prospect of shifting its course away from northern lakes. The 5-0 vote by the state Public Utilities Commission (PUC) grants pipeline developer Enbridge Energy a certificate of need to construct the $2.

Pembina Pipeline Corporation announced that it will provide terminalling services for the North West Redwater Partnership (North West) with respect to North West's planned Sturgeon Refinery. The company also announced that it has entered into agreements to construct a new pipeline lateral in the Karr area of Alberta (the Karr Lateral) to service growing production from the Montney resource play.

The Federal Reserve Bank of Dallas has reported that responses to its monthly survey reveal that manufacturing executives believe falling oil prices are causing slowdown in the state’s factories.