Infrastructure

Putin, Erdogan Supports Gas Pipeline

The two statesmen had signed the agreement on the said "Turkish Stream" project. The project is about building a gas pipeile from the Black Sea to Turkey. This will be then distributed to European Union nations.


General Electric Eyes on Investing $150 Million in Nigeria

U.S. industrial firm General Electric (GE.N) plans to invest around $150 million in Nigeria by 2017..

Greene Touch Empowers Google Dealing With Home Depot

Google has been witnessed to expand its client service network under the direct leadership of former VMWare co-founder Diane Greene. Google Cloud Platform has announced winning Landing Home Depot as i..

China’s State Backed CRR Corp. Unit Bags $1.3 Billion Chicago Rail Car Contract

Chicago Transport Authority has planned to replace 2,600 age old rail cars with 846 units of 7000-Series cars. CTA has awarded the $1.3 billion deal, the largest purchase in its history to a unit of C..


Latest News

Vitol Group mulls bid for Royal Dutch Shell's Australian downstream assets-sources
Geneva-based Vitol Group is thinking of making a bid for some of Royal Dutch Shell's downstream operations in Australia, according to sources interviewed by Bloomberg.
Panama Canal Authority, Spanish-led consortium to keep $7B Panama Canal expansion project running
The Panama Canal Authority and a building consortium led by Spain's Sacyr Vallehermoso SA on Tuesday agreed to put up at least $100 million each to keep the Panama Canal expansion project running. The
AMP Capital completes $100M debt financing in US power plant
Sydney, Australia-based investment manager AMP capital invested $100 million in subordinated financing for the fully operational Astoria Project Partners power plant in New York, USA.
TPG eyes Shell assets in Australia -report
Texas, US-based private investment firm TPG Capital is in a tussle with two other potential buyers of the Australian assets of Netherlands-based petrol and refining firm Royal Dutch Shell, according t
Enbridge invests $200M in Texas wind power project
Canada-based firm Enbridge Inc has announced an agreement to pour in $200 million in the Keechi Wind Project in Colorado, Texas, which is expected to be completed in early 2015.
Singapore's New Asia Investments backs Vietnam water treatment facility
Singapore-based fund New Asia Investments invested an undisclosed amount to complete a new waste water treatment facility in Vietnam through its portfolio holding, GD Wasser.
Canada, United Technologies Corp revive $4.7 billion Sikorsky helicopter deal
Canada resurrected a $4.7 billion agreement to buy Sikorsky helicopters from United Technologies Corp which Ottawa nearly scrapped due to delays and complications it encountered, Reuters reported.
India's ONGC to spend $9 B in the next decade for oil, natural gas production
Oil & Natural Gas Corp or ONGC said it would be spending about $9 billion in the next ten years to produce oil found in new blocks in the east coast of India.
Czech conglomerate CEZ Group may sign $10B Temelin nuclear plant expansion deal in 2015
CEZ Group, a utility conglomerate based in Prague, could ink a $10 billion deal to expand the Temelin nuclear power plant some time in the second quarter of 2015. CEZ is in talks with US' Westinghouse
Indonesia plans new oil infrastructure to augment dropping production levels
Plans to improve oil production facilities in Indonesia are underway to meet rising local consumption of oil and in effect, increasing drilling-related expenses reimbursed by the national government
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