Business news

World Bank Group has supported the diversification of Azerbaijan’s gas export markets by approving US$800 million loan for the TANAP project.

The UAE LNG market is expected to grow 7.6% during 2016 - 2021, with a growing focus on the expansion of gas pipeline infrastructure.

Total and Petrobras will implement their strategic alliance through a recently signed assets package agreement.

Environmentalists are challenging the decision to approve the Trans Mountain pipeline expansion on the grounds that it failed to consider killer whales that live in what is to be the main shipping lane for crude tankers.

Gazprom and Wintershall have attended an event to celebrate 25 years of scientific and technical co-operation.

ClearStream has recently been awarded a five year agreement through its joint venture with SNC-Kentz.

NGL Energy Partners LP is set to acquire certain assets from Murphy Energy Corporation.

Inter Pipeline has announced its cash dividend for December 2016.

It has been reported by the Canadian Association of Petroleum Producers that the majority of Canadians approve of Ottawa’s approach to pipelines.

Lonestar West announces the completion and closing of its debenture financing.

A document attached to the draft bill on the ratification of the TurkStream agreement suggests that approximately €7 billion (US$7.3 billion) is required to implement the project.

Penspen and Crestech form a partnership to provide services across an entire project lifecycle to Nigerian oil and gas companies.

Gazprom’s board of directors has considered the events of 2016 and suggested that its position remains stable in a changing external environment.

Flow-Cal has recently completed a project on the Angola LNG pipeline.

SemGroup and NGL Energy Partners LP are set to construct an extension on the Glass Mountain pipeline.