Tag: US
IMI Announces Proposed Acquisition of PBM
IMI plc, a world-leading provider of flow control solutions, announces the proposed acquisition of PBM Inc., a leading US-based producer of high-quality valves.
ValvTechnologies Signs New Contract with Gestra
ValvTechnologies, Inc., a global leader in the design and manufacturing of zero-leakage severe service valves, has signed a representative agreement with Gestra UK Limited, a provider of flow control valves and systems for heat and process fluid control.
ValvTechnologies receives export leadership award
ValvTechnologies, Inc., the design and manufacturing of zero-leakage severe service isolation valve solutions, has been recognized by the United States Embassy for leadership in exporting US-made products and services to Chile.
API: US petroleum demand highest in 11 years
The American Petroleum Institute (API) has reported that, despite higher prices, the first four months of 2018 saw US petroleum demand average 750, 000 bpd above the same period in 2017 – a sign of solid economic activity.
Barbara Humpton Named Siemens U.S. CEO
Siemens Corporation has announced that Barbara Humpton has been appointed CEO for the United States. This new appointment will begin on June 1, 2018.
EIA: US LNG exports quadrupled
The US Energy Information Administration’s (EIA) latest report entitled,
Lithuania receives first LNG from the US
Reuters are reporting that Lithuania received its first spot shipment of LNG from the US on 21 August. In June 2017, Lithuanian state-owned trader Lietuvos Duju Tiekimas signed a deal with a unit of Cheniere Energy, its first direct import of LNG from the US.
US, Canada & Mexico commit to trade alliance
The American Petroleum Institute (API), Canadian Association of Petroleum Producers (CAPP) and the Mexican Association of Hydrocarbon Companies (AMEXHI) have outlined their shared policy positions on further strengthening the competitiveness of the North American energy industry under the North American Free Trade Agreement (NAFTA).
First US refineries to be built in 40 years
MMEX Resources Corp., a global energy company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, recently announced that it plans to build a USD $450 million crude oil refinery in the West Texas Permian Basin, subject to the receipt of required governmental permits and completion of required debt and equity financing.
America set to export first LNG on Canada’s behalf
A year after shipping its first cargo of shale gas overseas, the US is looking to do the same for Canada. Cheniere Energy Inc.