Company News

Egypt’s Ministries of Electricity and Petroleum and the Navy signed a cooperation agreement with the Belgian "DEME" company to start special studies for producing "green hydrogen" and exporting it from Egypt.

Chevron Technology Ventures, LLC (CTV) announced the launch of its USD $300-million Future Energy Fund II focused on technologies that have the potential to enable affordable, reliable, and ever-cleaner energy for all.With the first Future Energy Fund launched in 2018, CTV invested in more than 10 companies with more than 150 other investors to support innovations in carbon capture, emerging mobility and energy storage.

As proper valve sealing is one of the primary ways to reduce fugitive emissions, and decrease a facility’s environmental impact, this month’s Special Topic is on Sealing Technologies.

The president and country head for Shell Canada says its transition into a provider of cleaner energy is being driven by a network of “agile teams” of employees who are examining between 30 and 40 project ideas at a time.Michael Crothers says the teams formed from employees brought in from various parts of the company are looking at proposals that include the use of hydrogen, biofuels, and wind and solar energy to help the company reduce its environmental impact.Speaking during the online National Energy Roundtable Conference, Crothers said Shell Canada continues to reduce its own greenhouse gas emissions but it is also working on solutions to reduce emissions created by its customers when they use its products.He said the company's “macro” plan going forward is to use cash flow from existing businesses to find ways to de-risk new technologies.Shell, the operator and 40 per cent owner of the LNG Canada export terminal now under construction in B.C., sold most of its oilsands assets in Alberta to Canadian Natural Resources Ltd.

For over a decade, Valve World Americas Expo & Conference has continued to grow, establishing itself as the largest valve event and flow control educator in North America.

On February 15, 1921, McJunkin Supply Company was founded in the hills of West Virginia, and over the next 100 years, companies from around the world would be established and grow into what is now known as MRC Global.

Port of Rotterdam CO₂ Transport Hub and Offshore Storage (Porthos) project is on schedule to store an annual amount of 2.5 million tons of CO2 from the industry in empty gas fields beneath the North Sea as of 2024.

NETZSCH is participating in the Bavarian Environment and Climate Pact with qualified voluntary environmental services until the beginning of 2024.

Shell Canada is investing in Quebec’s first waste to low-carbon fuel plant in the greater Montreal area. It has taken a 40% stake in the facility, which will use technology developed by Enerkem.

Flare stacks are widely used in industry ,particularly in the chemical, petrochemical and steel sectors to safely dispose of excess gasses through combustion.