Business news - 18 June 2014

Agreement for South Stream construction in Serbia to be signed by late June.

First Nations and environmental advocates react to the announcement that the government would approve Enbridge’s proposed Northern Gateway pipeline.

The International Energy Agency has released a review of Russian energy policies.

The House of Representatives has approved a measure to prioritise funding for the Pipeline and Hazardous Materials Safety Administration (PHMSA).

The Gas Processors Association is to file comments in response to proposed Federal Energy Regulatory Commission revisions.

The Harper government has approved construction of Enbridge’s Northern Gateway pipeline, but opposition remains.

Cortez Subsea secures UK patent for shallow water pipelay technology, strengthening its position in the subsea sector.

TMK has shipped over 2000 t of line pipe produced by Volzhsky Pipe Plant to Saudi Aramco.

Gazprom’s global depositary receipts included in quotation list of Singapore Exchange.

The controversial Northern Gateway pipeline, designed to carry oilsands crude from Alberta to the B.C. coast, ha been approved by Prime Minister Stephen Harper’s cabinet.