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The price of oil has fallen back to around $58.59 a barrel after hitting a two-year high on 26 September, 2017, according to the BBC.
Rising demand and geopolitical worries had fuelled the increase, along with indications that production cuts by Opec (Organisation of the Petroleum Exporting Countries) members are starting to bite.
Brent rose about 4% to just short of $60 (€51), its…
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Pumps
Japan-based Yokogawa Electric Corp. has announced that it has begun working with pump equipment manufacturer Iwaki Co. on a proof-of-concept (PoC) test for a remote pump monitoring services.
This service will use an Industrial IoT (IIot) architecture that is currently under development by Yokogawa, according to a statement supplied to Creamer Media Engineering News.
The PoC test will examine the…
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Pipelines
Following the devastation of hurricane Harvey, several key pipelines in Texas are starting to come back into service.
Colonial Pipeline, which runs the US’ biggest fuel system, said in a press release that it was working “expeditiously” to complete final repairs on facilities damaged by Harvey, and ensure the integrity of its system between Houston and Herbert.
The company…
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Other
Leading players in the German petroleum and IT industries have met to discuss progress made in standardised data communications both in Germany and internationally.
The IFLEXX Community, a group of leading companies from the German petroleum industry, has actively pushed for standardised data communication in the downstream sector for a number of years. Supply chains in the sector are tightly…
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Pumps
As concerns over the health effects of particulate matter grow, it’s possible that in the future smartphones with an inbuilt gas sensor could be used to warn of heavy exposure. Researchers at the Fraunhofer Research Institution for Microsystems and Solid State Technologies EMFT in Munich have now developed a ‘powerful’ micro diaphragm pump which could be used to deliver ambient…
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Valves
Emerson has expanded the ASCO Numatics 580 Series electronics platform with the introduction of an IO-Link communication option.
Designed for use with the ASCO Numatics 500 Series valve islands, the new IO-Link module has been created to give machine automation designers a convenient, cost effective and reliable solution for solenoid valve control through direct digital data communication with…
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Other
Nikkiso has closed its acquisition of Cryogenic Industries of Temecula, California, USA, and Cryogenic Industries of Basel, Switzerland. The deal includes all of Cryogenic Industries’ operations.
Cryogenic Industries consists of original technology brands ACD, Cosmodyne and Cryoquip. The group has over 40 years’ experience in the engineering and production of cryogenic equipment, and…
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Flowmeters
Construction has begun on NEL’s new, £16 million Centre of Excellence (CoE) for subsea development. According to NEL, a specialist in flow measurement research and development, its new high pressure multiphase flow test facility will have the largest test range in the world.
NEL’s new facility is being built to allow a greater understanding of the impact of higher operating…
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Other
Researchers have demonstrated that a unique system can cool flowing fluid to a temperature below that of the surrounding air, without using electricity.
Since 2013 Shanhui Fan, professor of electrical engineering, and his colleagues, have been using the roof of Stanford University’s Packard Building to test a high-tech mirror-like optical surface that they believe could be the future of…
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Other
Finnish start-up LNGTainer is set to begin production of a new type of LNG container, with the intention of “opening up access to parts of the world where natural resources are scarce.”
LNGTainer will produce its new product in Finland. According to a statement, the company’s patented technology makes the storage and transportation of LNG more energy efficient and…
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Other
The Turbomachinery Laboratory at Texas A&M University has partnered with New Way Air Bearings to launch #TPSHelpsHouston, a fundraising campaign to provide relief to Houston area residents affected by Hurricane Harvey.
Hosted by the Turbomachinery Laboratory, Houston’s annual Turbomachinery & Pump Symposia (TPS) recently had to be rescheduled to December in the aftermath of the…
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Pumps
UK based Atlantic Pumps has announced plans to open a new office in Ireland.
The company, which specialises in pumping abrasive and aggressive fluids, will open their new premises at Newry in County Down. The new facility will house Audex and SlurryPro pumps and parts.
Through the expansion, Atlantic will be able to offer Irish-based clients the opportunity to take advantage of Atlantic’s…
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Other
Swedish company Atlas Copco has acquired the operating assets of C.H. Spencer & Company, a US distributor and service provider of industrial pumps, compressors and related products.
Based in Salt Lake City, Utah, C.H. Spencer also operates in the states of Nevada, Wyoming and Idaho. The company focuses on the distribution and service of compressors, industrial pumps and related systems for…
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Valves
Italian manufacturer Bonomi has announced the expansion of its Valpres ball valve range with the introduction of API 608 Floating Ball Valves.
API 608 is a standard which exceeds the requirements set by ASME B16.34, meaning the ball valves can comfortably handle the rigorous requirements of the petrochemical, power, oil and gas and water treatment markets.
The new Floating Ball Valves incorporate…
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Valves
Schubert & Salzer Control Systems has announced the opening of a new state-of-the-art training centre, aimed at new customers and current users of their products. This new facility at the company’s premises in Ingolstadt, Germany, makes a striking impression thanks to its unique architecture.
At the heart of the building is a fully functional valve test bench. Here, customers, partners,…
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Flowmeters
Over the last 20 years flow measurement specialist Titan Enterprises has supplied over 600,000 flow measurement devices to the beer industry, the company reports.
These devices have all gone to the same beer maker, Vianet (formerly Brulines), and have been used for a different functions in the beer production process.
The relationship with Titan Enterprises started when Brulines were developing a…
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Other
Crevice and pitting corrosion is a constant challenge in a variety of fluid handling applications, one which costs trillions of dollars each year as well as carrying a host of potential safety, environmental and health hazards.
Close observation of this kind of corrosion has long been a challenge, but now scientists from the University of California Santa Barbara are able to get a real-time look…
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Other
Flowserve has announced the appointment of David Wilson as president of the company’s Industrial Products Division (IPD). Wilson succeeds Tom Pajonas, executive vice president, Global Operations and the interim president of IPD, who announced his retirement plans earlier in the year.
Wilson’s most recent position was president of the industrial segment for SPX Flow.
Flowserve is a…
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