Tag: oil
Greene’s Energy acquires Pro-Valve Services
Greene’s Energy Group (GEG) has acquired the assets of Houma, LA based Pro-Valve Services, Inc. The acquisition will broaden the after-market production valve services provided by GEG’s Wellhead and Valve division.
API: jobs would come with U.S. energy production
The American Petroleum Institute has released a report indicating that proposals to expand offshore oil drilling, boost production of natural gas in New York and other states and build a Canada-to-Texas oil pipeline could boost the U.
Mitsui to pay 1 Billion toward cleanup
Mitsui & Co Ltd has agreed to pay more than USD $1 billion to cover a share of the 2010 Gulf of Mexico oil spill. It is about half the amount for which BP had originally billed the company.
New power plant in Jamaica
A $127 million power plant is being built by Conduit Capital in West Kingston, Jamaica.
USX Corp. splits steel from oil activities
USX Corp., the US steel and energy group, will split into two publicly traded companies, US Steel and Marathon Oil.