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LNG Canada to benefit from Government of British Columbia's latest tax cuts

LNG Canada to benefit from Government of British Columbia's latest tax cuts

🕔Apr 11, 2018

The government of British Columbia has announced new conditions and tax rebates for liquefied natural gas (LNG) projects in the province, in a suspected bid to prompt the final investment decision of the LNG Canada project, which was delayed indefinitely in July 2016.

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IPPToday #187: EDF appointed leader of 2000 MW gas-fired power project in Vietnam

IPPToday #187: EDF appointed leader of 2000 MW gas-fired power project in Vietnam

🕔Apr 6, 2018

The Government of Vietnam has appointed the EDF Group as leader of the international consortium in charge the Son My 1 project, located in the Quang Ngai province of Vietnam. The project involves the construction of a 2000 MW gas-fired power plant, which uses combined cycle gas turbine technology.

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Brazil announces installation of 1,028 MW through Avancar Energia programme

Brazil announces installation of 1,028 MW through Avancar Energia programme

🕔Mar 27, 2018

Brazil's Ministry of Mines and Energy has announced that 44 of the 97 projects awarded in its Avançar Energia programme has been completed, adding 1,028 MW of installed capacity to the National Generator Park (Parque Gerador Nacional).

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IPPToday #177: MoU signed for US$3 billion LNG-power project in Bangladesh

IPPToday #177: MoU signed for US$3 billion LNG-power project in Bangladesh

🕔Mar 20, 2018

Summit Power International has announced that its subsidiary Summit Corporation Limited has signed a Memorandum of Understanding (MoU) with Mitsubishi Corporation and its subsidiary Diamond Gas International to develop a LNG-to-Power project in Matarbari, Moheskhali, Bangladesh, which is expected to cost up to US$3 billion.

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Alaska LNG fails to secure FERC approval

Alaska LNG fails to secure FERC approval

🕔Feb 27, 2018

The Federal Energy Regulatory Commission (FERC) of the USA has not approved Alaska Gasline Development Corp.'s Environmental Impact Statement (EIS) application for its US$43 billion Alaska LNG Project. This involves the construction of an 800-mile, 42-inch wide pipeline that will transport 3.3 billion cubic feet of liquified natural gas (LNG) a day.

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Macquarie sells 24.33% stake in Pisto to Swiss Life AM

Macquarie sells 24.33% stake in Pisto to Swiss Life AM

🕔Feb 20, 2018

Macquarie Infrastructure and Real Assets has sold a 24.33% stake in French oil transportation and storage holding company Pisto SAS to Swiss Life Asset Managers. This sale ends Macquarie's almost 10-year interest in the company.

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Mitsui bids to take over Australian oil and gas producer AWE

Mitsui bids to take over Australian oil and gas producer AWE

🕔Feb 5, 2018

Mitsui and Co. has submitted non-binding and conditional proposal to Australian oil and gas producer AWE Ltd, for all of its shares, at AUD0.95 (US$0.75) each, which values the company at about AUD594 million (US$470.5 million). This is the third takeover bid that AWE has received in two months.

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US$3.25 billion EnCap Flatrock Midstream IV achieves final close

US$3.25 billion EnCap Flatrock Midstream IV achieves final close

🕔Jan 30, 2018

EnCap Flatrock Midstream has announced the final closing of EnCap Flatrock Midstream Fund IV, L.P. The substantially oversubscribed fund exceeded its US$3 billion target and reached its US$3.25 billion hard cap within six months.

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IPPToday #129: Dominion Energy acquires US utility Scana for US$14.6 billion

IPPToday #129: Dominion Energy acquires US utility Scana for US$14.6 billion

🕔Jan 5, 2018

Dominion Energy, Inc. and SCANA Corporation have announced an agreement for the companies to combine in a stock-for-stock merger. Including assumption of debt, the value of the transaction is approximately $14.6 billion.

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IPPToday #126: Malta’s Delimara 4 power plant reaches US$540 million financial close

IPPToday #126: Malta’s Delimara 4 power plant reaches US$540 million financial close

🕔Jan 2, 2018

A consortium of eight international banks has signed a financing agreement for the Delimara 4 power plant project in Malta. The consortium is comprised of Bank of Valletta, BNP Paribas Fortis, Credit Industriel et CommercialDZ Bank AGHSBC Bank MaltaKFW-IPEX BankNatixis Bank and Societe General. The package amounts to EUR450 million (US$540 million).

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 Nigeria approves US$2.8 billion gas pipeline

Nigeria approves US$2.8 billion gas pipeline

🕔Dec 27, 2017

The Federal Executive Council (FEC) of Nigeria has approved the US$2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project. The 40-inch pipeline will span 614km.

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BASF and LetterOne sign letter of intent to create Wintershall DEA

BASF and LetterOne sign letter of intent to create Wintershall DEA

🕔Dec 22, 2017

BASF and LetterOne have signed a letter of intent to merge their respective oil and gas businesses in a joint venture, which would operate under the name Wintershall DEA.

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Morocco, Ghana & Nigeria energy leaders discuss gas projects in Casablanca

Morocco, Ghana & Nigeria energy leaders discuss gas projects in Casablanca

🕔Dec 4, 2017

At a conference in Casablanca last week decision-makers from across North & West Africa met to discuss opportunities for investment in gas infrastructure, project pipelines & strategies for implementation.

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Brookfield takes majority stake in Colombian gas distributor

Brookfield takes majority stake in Colombian gas distributor

🕔Nov 27, 2017

Through Gas Natural Distribución Latinoamérica, Gas Natural Fenosa has agreed the sale of a 59.1% stake in its Colombian gas distribution business Gas Natural SA ESP to the Canadian fund Brookfield Infrastructure.

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IPPToday #97: SemGroup sells stake in Glass Mountain Pipeline for US$300 M

IPPToday #97: SemGroup sells stake in Glass Mountain Pipeline for US$300 M

🕔Nov 13, 2017

SemGroup Corporation (SEMG) has reached an agreement to sell its 50 percent interest in Glass Mountain Pipeline, LLC to an affiliate of BlackRock Inc.’s Global Energy and Power Infrastructure Fund(GEPIF) in partnership with Navigator Energy Services for US$300 million.

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Aecom Capital invests in Mexican liquefied natural gas complex

Aecom Capital invests in Mexican liquefied natural gas complex

🕔Nov 6, 2017

Mexico Pacific Limited has received an investment from Aecom Capital’s infrastructure fund for the development costs of an estimated US$1 billion Liquified Natural Gas project in the Gulf of California.

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Three Bidders for CFE pipeline project

Three Bidders for CFE pipeline project

🕔Oct 27, 2017

Comisión Federal de Electricidad (CFE) has opened technical proposals for the proposed Topolobampo branch line, in the state of Sinaloa, northwestern Mexico. Three companies have submitted their bids for the pipeline project to supply natural gas to power plants.

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IPPToday #87: IFC sells Pacific Midstream stakes back to Frontera

IPPToday #87: IFC sells Pacific Midstream stakes back to Frontera

🕔Oct 27, 2017

Frontera Energy Corporation has signed an agreement to acquire the outstanding 36.36% ownership of Pacific Midstream Limited from the International Finance Corporation (IFC).

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IPPToday #83: EBRD approves US$ 500 M financing for Trans-Anatolian Natural Gas Pipeline

IPPToday #83: EBRD approves US$ 500 M financing for Trans-Anatolian Natural Gas Pipeline

🕔Oct 23, 2017

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Pearl Energy Investments closes second fund

Pearl Energy Investments closes second fund

🕔Aug 16, 2017

Pearl Energy Investments has announced that it held its first and final closing of Pearl Energy Investments II, L.P. at its hard cap with total commitments of US$600 million

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