Business news - 13 December 2016

Sinopec sells pipeline interest

Tuesday 13 December 2016 11:16

Sinopec is set to sell its 50% stake in natural gas pipelines for US$3.3 billion.

Inter Pipeline to acquire Cold Lake pipeline interest

Tuesday 13 December 2016 10:41

Canadian Natural Resources Limited has announced the sale of all of its ownership interest in the Cold Lake pipeline to Inter Pipeline.

Pipeline ruptures in North Dakota

Tuesday 13 December 2016 09:25

A pipeline located approximately 150 miles from a Dakota Access Cannon Ball protest camp has spilt 176 000 gallons of crude oil.