The search for the builder for the 1300km pipeline running from Uganda
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An Israeli oil company, the Eilat Ashkelon Pipeline Company, has been ordered to pay $1.1 billion in compensation to Iran by a Swiss court, the official Iranian news agency IRNA reported on Wednesday. In response, Israel clarified that it will not pay the debt to the Iranians. « Without referring to the matter at hand, we’ll note that according to the Trading with the Enemy Act it is forbidden to transfer money to the enemy, including the Iranian national oil ...
Continue Reading ?China has signed a deal with Pakistan to construct a pipeline to take Iran
Continue Reading ?A $1.15-billion benefits’ package is being offered to a First Nation on British Columbia’s northwest coast in a bid to win support for a proposed liquefied-natural-gas terminal and pipeline. Details of the offer to the Lax Kw’alaams from the provincial government and project owners, including Malaysia’s Petronas, were published on the band’s website. The deal is not the only one being pursued with aboriginals in advance of regulatory approval. One week ago, TransCanada (TSX:TRP), the company that ...
Continue Reading ?BP will raise $486 million selling its stake in a natural-gas transportation system in the U.K. North Sea. BP owns about 36 percent of CATS and is the operator. The London-based company, shoring up its balance sheet after the Gulf of Mexico oil spill in 2010, follows Chevron Corp. and Royal Dutch Shell in selling non-drilling infrastructure to raise funds. It has offloaded more than $4 billion of assets in a $10 billion sale program planned for 2014 and ...
Continue Reading ?Greece held « constructive » talks with the head of Russian gas giant Gazprom who visited Athens last week
Continue Reading ?Iran says it has ambitious plans to extend its energy delivery network to China under Beijing’s massive « One Belt, One Road » push to boost regional connectivity. This has been announced by Iran
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