HSBC will stop providing financing for offshore oil and gas projects in the Arctic and new greenfield oilsands projects.
Three key themes pinpointed for future strategy of IACS.
Romania’s Transgaz has started work on Phase I of the project.
More Business news news
Over 930 km of pipeline has been laid on the seabed of the Black Sea, 50% of the total offshore section.
The International Energy Agency has reported that limited pipeline capacity in North America could lead to the doubling of crude-by-rail shipments to over 390 000 bpd.
Plans for a transcontinental gas pipeline across Australia face new competition from an LNG alternative to ship the gas instead.