Home /News /Finance-Investment News
Finance-Investment News

Shell Takes Final Investment Decision To Expand Alpha Olefins Production At Geismar Chemical Plant In US Gulf Coast

SOURCE: Shell | 30 November 2015

Shell Chemical LP (Shell) today announces the final investment decision to increase Alpha Olefins (AO) production at its chemical manufacturing site in Geismar, Louisiana, making the site the largest AO producer in the world. Shell will construct a fourth AO unit, adding 425,000 tonnes of capacity.

Rio Tinto Approves US$1.9 Billion Amrun (South Of Embley) Bauxite Project

SOURCE: Rio Tinto | 27 November 2015

Rio Tinto will expand output from one of the world’s premier bauxite deposits following approval of the $1.9 billion Amrun project.

Alstom To Acquire Shares In South African Rail Company CTLE, Strengthening Its Presence In The Country

SOURCE: Alstom | 26 November 2015

Alstom signed an agreement to purchase a 51% share in the South African rail company CTLE (Commuter Transport & Locomotive Engineering), specialized in the modernisation of trains, from South African companies CTE [1] and IDC[2] which will remain shareholders.

Soletanche Freyssinet, A Subsidiary Of VINCI, Continues Its Expansion In Latin America

SOURCE: VINCI | 24 November 2015

Soletanche Freyssinet (the VINCI division specialised in civil engineering) has increased its holding in Grupo Rodio Kronsa to 100%.

A Tough Reality For The Industry

SOURCE: Statoil | 23 November 2015

Global challenges and new opportunities in the energy market will create a turning point for the industry, says Statoil CEO Eldar Sætre at the Statoil Autumn Conference.

Saddlehorn And Grand Mesa To Combine Projects Through Undivided Joint Interest In DJ Basin Crude Oil Pipeline

SOURCE: Anadarko | 18 November 2015

Saddlehorn Pipeline Company, LLC ("Saddlehorn") announced today that it is combining projects with Grand Mesa Pipeline, LLC ("Grand Mesa") for the construction of a 20-inch undivided joint interest pipeline which begins approximately 20 miles north of Saddlehorn's Platteville, Colorado origin at a junction near Grand Mesa's Lucerne, Colorado origin.

Air Liquide Announces Agreement To Acquire Airgas

SOURCE: Air Liquide | 17 November 2015

Air Liquide (Euronext Paris: AI), world leader in gases, technologies and services for Industry and Health, and Airgas (NYSE: ARG), one of the leading suppliers of industrial gases and associated products and services in the U.S., today announced an agreement under which Air Liquide will acquire Airgas.

2.7 Billion Cubic Feet Per Day Of New Contracts Leads To $570 Million NGTL System Expansion

SOURCE: TransCanada | 16 November 2015

TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has signed contracts for approximately 2.7 billion cubic feet per day (Bcf/d) of new firm natural gas transportation service that will require a $570 million system expansion for 2018.

QGC Development A Vote Of Confidence In industry

SOURCE: BG Group | 16 November 2015

QGC Pty Limited, along with joint venture partners China National Offshore Oil Corporation and Tokyo Gas, today announces a two-year, A$1.7 billion development of its natural gas tenements west of Wandoan to support gas production.

Barrick Announces Sale Of Non-Core Assets For $720 Million

SOURCE: Barrick | 12 November 2015

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or the "company") today announced that it has entered into agreements to sell a number of non-core assets in Nevada for $720 million in cash