Hints and tips:
...Oil-focused pipeline group Magellan Midstream Partners has explicitly pointed to gas’s “more powerful growth engine” as it pursues a sale to the gas-heavy Oneok....
...Not long after selling the gas assets, Dominion, along with its partner Duke Energy, announced its abandonment of the Atlantic Coast pipeline project....
...So far, however, just five plants have started construction: Cheniere’s Sabine Pass and its Corpus Christi project in Texas; Freeport LNG, also in Texas; Cameron LNG in Louisiana; and Cove Point LNG, on...
...We can also surmise that Cove’s 8.5 per cent stake in the reserve bears pre-emption rights that Shell could use to increase its holding if other partners want out....
...- Rolls-Royce has been given a huge boost after the jump jet version of the Joint Strike Fighter plane was given the go-ahead by the American defence secretary - BP has joined the race for Cove...
...Statoil’s partners in the Pão de Açúcar prospect are Repsol YPF of Spain and Petrobras, the state-backed Brazilian oil company....
...Among small caps, Cove Energy rose 1.2 per cent to 147¾p on gossip that current partner Anadarko Petroleum may make a knockout bid....
...An arbitrator said Ivanhoe Mines, Rio’s partner in Mongolia, could not stop Rio taking majority control of the project....
...● Corinthian Cove Consulting has two new partners. Richard Graf used to be chief executive of Marco Consulting Group, while Sheila Warner used to be a senior vice-president at Callan Associates....
...Numis Securities, which valued the prospect at 162p per share on an unrisked basis, said Salamander may look to bring in a partner to share development costs....
...Marks and Spencer gained 2.4 per cent to 384p after an upgrade to “buy” from Arden Partners analyst Nick Bubb....
...Rising prices will boost the grocers’ sales growth while higher sourcing costs should help tame promotional activity, analysts said, with Redburn Partners adding Wm Morrison to its “buy” list....
...Among the gainers, Diageo climbed 1.8 per cent to £11.60 after partner LVMH reported a rebound in champagne sales, which drove 20 per cent organic growth for its Moët Hennessy division....
...On the Monday night, the man wrote an e-mail to a friend back in “Cocktail Cove”, the nickname for the affluent Indianapolis neighbourhood where he lived....
...India Hospitality Corporation (IHC), an investment vehicle focused on hotels and travel-related industries, last week agreed to buy Mars, the Mumbai-based hospitality group, for $110m from Navis Capital Partners...
...Hotels can get some relief by negotiating with the government for more land – a challenge that underscores the need for international operators to partner seasoned local developers....
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