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    China’s biggest O&G producer preparing to spin-off pipelines

    PetroChina’s natural gas and crude oil transportation system, stretching from the country’s remote borders with Central Asia to major coastal cities, could be worth at least $85 billion via a spinoff, analysts at Sanford C. Bernstein and Jefferies Group, told Bloomberg.

    […]

  • secco
    Featured

    ETE’s exit from Williams merger upheld by court

    Energy Transfer Equity had the right to back away from the $33 billion merger with Williams Cos., the Delaware Supreme Court ruled, with the two rival pipeline giants still to argue over a $1.5 billion fee tied to the deal’s termination.

    […]

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