Sumitomo Corporation announced that it has acquired a 19.47% interest in V&M TWO LLC, a manufacturer of small-diameter seamless steel pipe based in Ohio, from Vallourec S.A. of Paris, France.

One of America’s energy pioneers celebrates its 40th anniversary this fall. Explorer Pipeline, which stretches from Lake Charles, LA to just outside of Chicago, shipped its first product on Oct. 25, 1971.

Pipeline & Gas Journal’s 31st Annual 500 Report is the industry’s most detailed statistical listing of the nation’s energy pipeline systems. As in past years, the report ranks the nation’s top liquids, gas transmission and gas distribution systems. Gas transmission companies are ranked by total miles of pipe while the rank of each liquids pipeline company is determined by yearly crude deliveries.

Breitling Oil and Gas Corp. was founded in Irving, TX in October 2004 as an independent exploration company willing to invest in state-of-the-art petroleum development throughout the United States, in particular Texas and Oklahoma.

Deep water ahead? The outlook for the oil and gas industry in 2011 is an Economist Intelligence Unit report that aims to provide a barometer for the industry from the point of view of top-level operators, including CEOs and other board-level executives and policymakers. The report is sponsored by GL Noble Denton.

PwC US has released a new report entitled, “Eye of the Storm,” which provides findings on information security for the oil and gas industry, based on survey responses from 143 senior industry executives. PwC found that despite data exploitation being up across the board, executives remain confident in their security practices as they have a set strategy in place.

Southwest Research Institute (SwRI) has received a $9.9 million award from the U.S. Department of Energy to design and test carbon dioxide compression using technologies developed under previous DOE phases of the improved compression technologies program.

With the rapid growth of shale gas and burgeoning interest in renewable gas production, today’s natural gas system operators are facing the need to compare the composition of these new supply sources with historical supplies prior to acceptance into their systems.

Globally, mankind has more than 1,500,000 km of oil and gas pipelines – with more than 600,000 km in North America alone. These numbers are even higher when one adds pipelines transporting other hazardous gases and liquids. Though efficient and critical, these pipelines carry high costs for individual safety incidents. Around the world, pipeline safety and security are immediate concerns, both for industry and government.

Alyeska Pipeline Service Co. has signed a consent agreement with the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration that resolves the notice of proposed safety order PHMSA issued Feb. 1.

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