PEMEX and ENGIE will work with Emerson on Mexican gas pipelines
Mexican oil and gas giant Pemex and ENGIE, a French energy company, have selected Emerson to help upgrade and expand Mexico’s gas pipeline infrastructure. …
Business & Management
KITZ became the largest shareholder of TOA Valve Engineering Inc.
KITZ Corporation has announced the acquisition of TOA Valve Engineering Inc’s shares,a Japanese manufacturer of high-pressure and high-temperature valves …
Rosneft will reportedly invest $500mln in Venezuela
Russia’s top oil producer Rosneft is to invest another $500 million as it raises its stake in the Petromonagas joint venture in Venezuela’s Orinoco …
Iranian Oil Industry Producers Association signed a Memorandum of understanding with Saipem for oil exportations
Iran has reached a MoU with Italian Saipem for joint production and export of oil equipment from Iran, said the member of the board of directors of Iran’s …
Rosneft and Pietro Barbaro SpA join forces in the international tanker market
Rosneft and Pietro Barbaro S.p.A. signed a Memorandum of Understanding with the scope of creating a Joint Venture (JV) in the area of international shipping. …
Ivan Velan is retiring from his position
In a letter to the Investors, Velan’s president Yves Leduc announced today that many changes will happen in the historically family-lead Velan, Inc.. …
Univation Technologies and The Linde Group team up for PE production efficiency overhaul
Univation Technologies and The Linde Group’s Engineering Division have entered into a cooperation agreement aimed at providing performance and cost …
Rosneft and BP agreed to dissolve JV in Germany
Rosneft and BP announced that they have signed a binding agreement to dissolve the existing refining JV Ruhr Oel GmbH (ROG) as they move toward completion of …
Premier Oil ready to acquire E.ON UK North Sea assets
Premier Oil today announces it has agreed to acquire the whole of E.ON’s UK North Sea assets for a net consideration of $120 million plus working capital …
SNAM has a new COO, Marco Alverà
The Board of Directors of Snam, which met today under the chairmanship of Lorenzo Bini Smaghi, has on the proposal of the CEO and in agreement with the …