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The October 2026 issue of World Pipelines explores pipeline activity across the MENA region alongside the technologies and techniques keeping pipelines protected, operational and moving: from coatings, isolation, and pressure testing, to pigging, subsea inspection, HDD and trenchless construction.

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Home/News/Business news

Business news

Browse the latest business news news and articles.

Luxfer Gas Cylinders celebrates its third industry award for innovation
14 Feb 20253 min read

Luxfer Gas Cylinders celebrates its third industry award for innovation

UK-based manufacturer secures second national accolade for groundbreaking hydrogen technology.

Elliott Investment Management invests US$2.5 billion in Phillips 66
13 Feb 20252 min read

Elliott Investment Management invests US$2.5 billion in Phillips 66

An investor believes the Phillips 66 midstream business could be worth more than US$60 billion if sold or spun off.

Energy Transfer and CloudBurst sign agreement for natural gas supply to data centre project in Central Texas
11 Feb 20252 min read

Energy Transfer and CloudBurst sign agreement for natural gas supply to data centre project in Central Texas

The agreement calls for Energy Transfer’s Oasis Pipeline, LP to provide up to 450 000 million Btu/d of firm natural gas supply to CloudBurst’s Next-Gen Data Center campus outside of San Marcos, Texas, subject to CloudBurst reaching a final investment decision (FID) with its customer.

Altrad completes acquisition of Stork’s UK business
7 Feb 20252 min read

Altrad completes acquisition of Stork’s UK business

Altrad has confirmed it has completed the purchase of Stork TS Holdings Limited which holds the Stork UK group of companies.

North Sea Midstream Partners appoints new CEO
7 Feb 20252 min read

North Sea Midstream Partners appoints new CEO

UK independent midstream operator, North Sea Midstream Partners has appointed Angela Fletcher as CEO.

“Substantial green prize” lies ahead for UK as it decarbonises economy, says DNV
6 Feb 20253 min read

“Substantial green prize” lies ahead for UK as it decarbonises economy, says DNV

Forecasted progress of the UK’s decarbonisation is impressive, with predicted reductions in greenhouse gas emissions by 58% by 2030, 68% by 2035 and 82% by 2050, against 1990 levels, but not reaching net zero.

Intensity Infrastucture Partners launches open season for new natural gas transmission pipeline to serve the Bakken region
5 Feb 20251 min read

Intensity Infrastucture Partners launches open season for new natural gas transmission pipeline to serve the Bakken region

The Open Season began at 5:00 p.m. CT on 3 February 2025 and is scheduled to end at 1:00 p.m. CT on 7 March 2025.

ArcLight announces US$865 million acquisition of strategic pipeline interest
4 Feb 20252 min read

ArcLight announces US$865 million acquisition of strategic pipeline interest

ArcLight Capital Partners, LLC and affiliates has announced that it has completed the acquisition of a 25% equity interest in Gulf Coast Express Pipeline LLC (GCX) for US$865 million from an affiliate of Phillips 66.

ONEOK announces completion of strategic EnLink Midstream acquisition
3 Feb 20251 min read

ONEOK announces completion of strategic EnLink Midstream acquisition

ONEOK, Inc. has announced that it has completed its acquisition of EnLink Midstream, LLC.

AMPP announces launch of new philanthropic organisation for workforce development
31 Jan 20253 min read

AMPP announces launch of new philanthropic organisation for workforce development

The Association for Materials Protection and Performance has announced its creation of a non-profit philanthropic organisation focused solely on workforce development and changes to AMPP’s governance system that allow greater focus on emerging and global opportunities.

Lunate to acquire a minority stake in ADNOC gas pipelines from Snam
30 Jan 20252 min read

Lunate to acquire a minority stake in ADNOC gas pipelines from Snam

Lunate, an Abu Dhabi based global alternative investment manager with US$105 billion in assets under management, announced it is to acquire a minority stake in ADNOC Gas Pipelines that is indirectly held by Snam, Europe’s leading gas infrastructure operator.

Penspen announces US$120 million worth of new contract awards reported in 2H24
29 Jan 20254 min read

Penspen announces US$120 million worth of new contract awards reported in 2H24

Penspen, an international energy consultancy, has announced a positive finish to the fiscal year with US$120 million awarded in new contracts during 2H24, a 14% increase on the same period in 2023, taking total 2024 sales to over US$225 million.

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