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When we graduated from the United States Naval Academy in 1968, the American oil industry was in the midst of a boom. Domestic crude production had increased every year for nearly a decade, and Texas was the world’s swing oil producer, providing our nation with important strategic flexibility.

New products and services from the Torre Group, Bredero Shaw, ABB, Lincoln Electric, WFS, Frick & Company, NDT Global, Prosoft, DNV GL and more.

Failures of installed pipes, umbilicals and cables during installation can potentially lead to higher costs for the oil and gas industry and delayed start-ups. There are no standards or recommended practices that address analysis methodology related to the laying of such products.

SHANGHAI (AP) — China signed a landmark deal Wednesday to buy Russian natural gas worth about $400 billion, giving a boost to diplomatically isolated President Vladimir Putin and expanding Moscow's ties with Asia.

BISMARCK, N.D. (AP) — The U.S. oil industry pushed back Tuesday against tougher rules for rail cars carrying crude following a string of fiery accidents, asserting in a new report that oil from the Northern Plains is no more dangerous than some other cargoes.

Ukraine and Poland are in talks to extend the Odessa-Brody oil pipeline to Plock, Poland.

Indian Oil Corporation Ltd (IOCL), which is upgrading its more than 11,000- km pipeline grid after 40 years of operation, has contracted for more than 2.4 million square meters of pipeline coating from DENSO GmbH Germany.

TMK-IPSCO, the American Division of global pipe manufacturer TMK, will reduce the number of operating hours used to produce welded pipe at its Blytheville, AR, Camanche, IA and Wilder, KY plants. In addition, the 8-inch welded pipe mill at Wilder will be idled. In total, the number of operating hours at TMK IPSCO’s welded pipe plants will be reduced by 30%.

South Stream Transport B.V. CEO Oleg Aksyutin and Saipem Senior Vice President Stefano Bianchi, have entered into contracts for constructing the first of the four offshore lines of the South Stream gas pipeline.

For more than a half century the state of Louisiana has been one of North America’s largest natural gas producers and home to a pipeline grid that is the crossroads of the industry.