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PVF Market Overview

Court Rules No Restrictions on Oil/Gas Lease Sale 261

The Bureau of Ocean Energy Management was ordered to hold the lease sale by Dec. 22, 2023.
January 8, 2024
Stephen Letko

The new year begins with optimism and apprehension for the energy sector of the U.S. economy. A federal appellate court has ruled that the Biden administration must go ahead with the oil and gas Lease Sale 261 without the “11th-hour” restrictions the administration added on acreage and ship speeds.


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First Companies Announces Internal Restructuring.jpg

First Companies Announces Internal Restructuring

January 5, 2024

This restructuring allows the company to pivot its operations. 


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SharkBite Forges Powerful New Collaboration with Women in Plumbing & Piping 2.jpg

SharkBite Forges Powerful New Collaboration with Women in Plumbing & Piping

January 5, 2024

In a move that underscores its commitment to diversity and innovation, SharkBite has entered a seminal partnership with Women in Plumbing & Piping (WiPP).


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Jim Simas Becomes President of Emerson Swan.jpg

Jim Simas Becomes President of Emerson Swan

January 4, 2024

Effective Jan. 1, 2024, Jim Simas became president of Emerson Swan, succeeding his brother George, who will continue in his role as president of the Swan Group.


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Bonomi LOCPOWER Control Valve Selected as Finalist in 2024 AHR Innovation Awards.jpg

Bonomi LOCPOWER Control Valve Selected as Finalist in 2024 AHR Innovation Awards

December 26, 2023

Bonomi’s new LOCPOWER control valve was recently selected as a finalist in the 2024 AHR Expo Innovation Awards.


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NIBCO Promotes Chris Mason to Senior Vice President, Supply Chain.jpg

NIBCO Promotes Chris Mason to Senior Vice President, Supply Chain

December 21, 2023

In his new role, Mason will be responsible for product engineering, advanced technology, continuous improvement, safety and compliance, global procurement as well as the Matco-Norca, SVF Flow Controls, and Webstone teams.


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MultAlloy Renamed to Texas Pipe and Supply.jpg

MultAlloy Renamed to Texas Pipe & Supply

December 19, 2023

Texas Pipe & Supply is excited to announce that effective Jan. 1, 2024, all MultAlloy branches will be renamed to Texas Pipe & Supply.


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AD and The Edge Group Announce Intent to Merge.jpg

AD and The Edge Group Announce Intent to Merge

December 14, 2023

The merger will close on Jan. 1, 2024.


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Watts Water Technologies Inc. to Acquire Josam Company.jpg

Watts Water Technologies to Acquire Josam Company

December 13, 2023

The transaction is subject to customary closing conditions and is expected to close in January 2024. 


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PPI Announces New Model Specification for Polypropylene Piping.jpg

PPI Announces New Model Specification for Polypropylene Piping

December 13, 2023

The new publication from PPI provides the latest specifications, and prevents use of outdated information.


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