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

March 24, 2017 0

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.

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ETE’s exit from Williams merger upheld by court

March 24, 2017 0

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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MENA energy investment outlook: cautious optimism

March 23, 2017 0

Total energy investment in the Middle East and North Africa (MENA) could approach $1 trillion over the next five years, according to the latest MENA Energy Investments Outlook, published by the Arab Petroleum Investments Corp. (APICORP).

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