Posts Tagged ‘state’

Saipem to build 550km gas pipeline in Mexico

by Forex Rooton November 22, 2012 10:29 am BST
The Milanese contracting giant did not disclose a value for the contract, but said that when taken together with a works expansion on Santos GLNG it represented new business worth more than $800 million.Transcanada’s Mexican arm Transportadora de Gas Natural Norte-Noroeste has hired Saipem for engineering, procurement and

GLOBAL MARKETS-Asian shares steady, refocusing on US fiscal cliff

by on November 21, 2012 12:29 am BST
Tue Nov 20, 2012 7:29pm EST * MSCI Asia ex-Japan little changed, Nikkei at 2-month high * Yen hits seven-month low vs dollar, near lows vs euro* Oil rebounds on absence of Gaza ceasefire despite hopesBy Chikako MogiTOKYO, Nov 21 (Reuters) - Asian shares steadied on Wednesday, after a two days of

Sinopec stake in Nigeria project to net 100 MMboe

by on November 19, 2012 9:59 am BST
Sinopec stake in Nigeria project to net 100 MMboeBY WAYNE MA   BEIJING--China Petrochemical Corp., known as Sinopec Group, said Monday that it would gain 100 million barrels of "recoverable resources" from the purchase of French major Total SA's stake in a Nigerian offshore oil project.A Sinopec subsidiary, Sinopec International

Statoil ‘threatens Norway flag-out’

by on November 19, 2012 9:56 am BST
The company, led by chief executive Helge Lund, stated in its recent third-quarter results report that it could face a one-off deferred tax charge  of Nkr2.3 billion ($398.5 million) as a result of new tax rules for overseas activities being proposed by Norway’s Finance Ministry. Under the existing