Energy Update
AltaGas has made a final investment decision (FID) on the Ridley Island Propane Export Terminal in Canada, after receiving an approval from the federal authorities.
BEIRUT, Jan 5 (Reuters) - Lebanon intends to restart its
first oil and gas licensing round after a three-year delay, the
energy minister said on Thursday, hoping to kick-start the
development of a hydrocarbon industry.
BEIJING Jan 5 (Reuters) - China's Iranian crude oil imports
may rise to a record this year as state-owned oil firms lift
more crude through their upstream investments while extending
their current supply contracts, senior industry and trading
sources said.
SINGAPORE/NEW DELHI, Jan 5 (Reuters) - State oil giant Saudi
Aramco has started talks with customers globally to discuss
possible supply cuts of up to 7 percent for Saudi crude loadings
in February, three sources with knowledge of the matter said on
Thursday.
ANKARA, Jan 5 (Reuters) - Turkey's state pipeline operator
Botas will cut supply to gas-fired power plants by 50 percent as
of Friday due to increased household demand in cold weather,
energy industry sources said on Thursday, in a bid to free up
more gas for households.
DCP Midstream Partners (DPM) has acquired the assets owned by DCP Midstream to become a major natural gas liquids producer and gas processor in the US with an enterprise value of $11bn.
ISTANBUL, Jan 5 (Reuters) - Turkish police detained the
chief legal advisor and a former chief executive of Dogan
Holding, one of the country's biggest conglomerates, on Thursday
in a probe into the network of a U.S.-based cleric blamed for a
failed coup, sending its shares tumbling.
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