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American Petroleum Institute
 
Engineering & Manufacturing

Quality management certification obtained

Chinese valves designer and manufacturer Neway Valves, locally represented by Industrial and Designer Valves (IDV), obtained ISO/TS 29001 certification in June. IDV sales manager Peter Raubenheimer says this certification defines the quality...
09 Nov 12
 
 
OIL & GAS

Oil falls on economic, demand concerns

Oil prices fell on Friday, pressured by economic uncertainty ahead of a possible debt deal in Greece, concerns about China's sluggish manufacturing sector and weak U.S. petroleum demand. China's manufacturers had a sluggish start to the year, a...
23 Jan 12
 
 
Engineering & Manufacturing

Technology supplier upgrades fire-safe tests and approvals for valves

Diversified technology supplier Metso reports that it is improving its product offering by certifying its valve products according to the latest accepted fire-safe standard, API 607 sixth edition.
 
 
Energy

Customised ball valves supplied for ash-water handling application

Valve technology specialist RGR Technologies has custom designed PC Ball Valves to replace existing valves for ash-water handling at petrochemicals group Sasol’s Secunda coal gasification plant.
 
 
Engineering & Manufacturing

Latest range of carbon steel valves enters local market

Fluid-conveyance solutions provider Incledon has introduced a range of carbon-steel and stainless steel flanged industrial valves into the South African market.
06 May 11
 
 
Photo of the Week

OIL GULF

OIL GULF: A material ‘gulf’ in opinion remains between the oil industry and the US government over the future of exploration in the Gulf of Mexico. The administration’s reticence to open the eastern Gulf of Mexico and Atlantic Ocean to oil drilling is only natural given that the trauma associated with the BP oil spill remains fresh in the national memory. But the American Petroleum Institute believes that opening up to oil exploration will generate more revenue for the US than increasing taxes on the energy industry. (Derick E. Hingle/Bloomberg) A material ‘gulf’ in opinion remains between the oil industry and the US government over the future of exploration in the Gulf of Mexico. The administration’s reticence to open the eastern Gulf of Mexico and Atlantic Ocean to oil drilling is...
 
 
OIL

Oil pares gains on China commods market probe talk

Oil pared gains on Thursday to stay below $75 as Chinese commodity futures tumbled in a widespread sell-off. Market participants said the slide in China was linked to a government investigation of speculative funds in the Shanghai rubber market,...
09 Sep 10
 
 
OIL

Oil falls second day as US supplies rise and demand uncertain

Oil fell for a second day on Wednesday toward $77 after an unexpected increase in U.S. crude stockpiles and a drop in US consumer confidence fueled doubts about recovery in energy demand. US crude for September fell as much as 0,8% to $76,88 a...
28 Jul 10
 
 
Steloy Castings

Steloy casts its net worldwide

Following a quiet 18 months in the export market, Steloy Castings reports renewed demand from customers in the international petrochemical industry, mainly due to maintenance projects that have been postponed until now.
 
 
 
 
 
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