Business news

ADB has been appointed transaction advisor for TAPI natural gas pipeline.

Wood Mackenzie reports that investment from international oil companies is key to Russia’s plans to exploit tight oil, LNG and Arctic projects.

ONEOK Partners LP is planning US$ 650 – 780 million in infrastructure projects to serve the booming Bakken Shale.

TransCanada pushes back its predicted startup for the Keystone XL pipeline to 2016.

An EU diplomat in Turkmenistan announced that current conditions are ideal for the construction of a natural gas pipeline across the Caspian sea.

South Stream Bulgaria has received seven letters of interest from consortia willing to take part in the design and construction of the Bulgarian stretch.

FERC has issued a final rule allowing interstate natural gas pipelines and electric transmission operators to share information to promote their systems.

McDermott’s subsea construction vessel NO102 will carry out deepwater umbilical and flexible pipe installation offshore Brazil for Petrobras.

Ukraine Prime Minister Mykola Azarov has announced Ukraine’s interest in TANAP.

Canadian Energy Pipeline Association's study shows that transmission pipelines add billions to the Canadian economy.

Lloyds Register secures £25 million integrity management contract with Talisman Sinopec Energy UK.

Sumitomo and GTI have formed an alliance to help Japanese companies take on a larger role in unconventional gas businesses.

Updates on South Stream gas pipeline construction.

Technip awarded important contract by Statoil for subsea project related to the Edvard Grieg Field.

Advent International to buy US$ 1.1 billion stake in Ocensa oil pipeline.