Business news

TransCanada has announced that 12 501 577 of its fixed rate Series 1 Shares were tendered for conversion on 31 December 2014.

A round-up of recent Mexican pipeline news.

A new gas facility was commissioned at the Bovanenkovskoye field.

Gazprom has bought out the shares of South Stream Transport BV.

Flexlife presents annual results.

A new combined cycle gas turbine unit (PGU-420) with a capacity of 420 MW was commissioned today at CHPP-16 of Mosenergo in Moscow.

The Gazprom headquarters hosted a working meeting between Chairman of the Company’s Management Committee and the Chinese Ambassador to Russia.

The final terms of the transaction involving the Bakken Pipeline project and Sunoco Logistics general partner interest and incentive distribution rights exchange have been approved.

The Board of Directors have approved Gazprom’s Investment Program, Budget (Financial Plan) and Cost Optimisation (Reduction) Program for 2015.

Dresser-Rand has released its 2015 training schedule, which includes a comprehensive list of product training programs.

Flexlife has demonstrated enhanced business growth in its annual results for the year ending 31 March 2014.

The report notes that five natural gas pipeline projects (total length: 608.8 miles; total capacity: 2.457 billion ft3/d) were proposed in November 2014.

ShawCor expects to incur an after tax impairment charge of up to approximately US$80 million.

Following a transaction with Southwestern Energy, Statoil has agreed to reduce its working interest in the non-operated US southern Marcellus onshore asset.

Encana unlocks value from Montney Midstream assets with innovative sale agreement.