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...Construction on the Kremlin’s long-planned mega-pipeline connecting Russia’s western gasfields with China is expected to be delayed, the prime minister of Mongolia has warned, in a blow to Moscow’s plans...
...Peevski, who owns a sprawling group of companies in the media, construction and tobacco sectors, was placed under US sanctions in 2021 for his “extensive role in corruption in Bulgaria”....
...Subsequently, the Department for Levelling Up, Housing and Communities announced it was forming a Cambridge “growth company” to give central government a role in tackling development issues....
...The Environment Agency watchdog has already blocked the construction of more than 9,000 homes and 300,000 square feet of lab space because of a lack of sustainable water supply....
...at the research company Capital Economics....
...The proposed Barossa pipeline development, led by Australian company Santos for an estimated A$4bn ($2.7bn) construction cost, was delayed following a successful challenge to the original planning permissions...
...Max Jones, director of infrastructure and construction at Lloyds Bank, said: “The mood music surrounding the sector has become more upbeat in recent weeks, with healthy infrastructure pipelines a common...
...Construction of the pipeline has been delayed for years due to legal challenges from environmentalists and landowners, but EQT chief executive Toby Rice on Monday talked up its potential to meet an expected...
...Pål Kildemo, chief financial officer of the Norwegian company, said this construction crash because of high rates and rising building costs had hit the aluminium sector hard, undermining earnings of Hydro...
...The legal challenge to the Barossa development, which has an estimated $2.7bn construction cost, had disrupted the establishment of the pipeline, which is one of Australia’s biggest new offshore gas developments...
...Construction of the pipeline will also be different from other Gazprom projects, as it will most likely be financed from the state budget — which has historically enjoyed generous contributions from the...
...Williams, a $42bn pipeline company, previously clashed with former New York Democratic governor Andrew Cuomo after his administration denied water quality permits for its $1bn Constitution pipeline even...
...The company had a “pipeline of acquisition projects” in the US, Jenisch told the FT....
...Kelly Boorman, partner and national head of construction at RSM UK, said: “The scrapping of HS2 will undoubtedly derail the pipeline of future activity for many contractors and their supply chain....
...Rising costs squeeze the profitability of developers who need a steady sales pipeline to finance more supply....
...Construction groups including Caterpillar’s financial services arm have come to the market too, with some companies tapping lenders multiple times already in the first three months of 2024....
...About half of the government’s current pipeline of infrastructure projects is expected to involve the private sector, the Treasury has said....
...The latest deal was the $18.8bn sale of pipeline company Magellan Midstream Partners to rival Oneok this week....
...“The lack of meaningful stimulus coming out of last week’s Two Sessions has dented the construction pipeline for this year, pushing iron ore prices down to just a smidgen above $100 a tonne, its lowest since...
...The company expects to save about $40mn in annual costs from the deal....
...Investors like to hear a bullish story from companies, too....
...The bounce preceded reports such as this one that firms are finally willing to crystallise portfolio losses to unbung the fundraisings pipeline....
...In an exclusive interview, Mongolia’s prime minister told the FT he was no longer certain construction will start this year on Russia’s long-planned mega-pipeline from its western gasfields to China....
...None of these companies directly employ the bulk of the 22,000 staff who are expected to do the actual building and engineering of the LTC over its six-year construction period....
...“The environment right now is very positive for the oil and gas industry,” Alan Armstrong, chief executive of Williams, the biggest US gas pipeline company, told the Financial Times....
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